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Hemostemix Inc V.HEM

Alternate Symbol(s):  HMTXF

Hemostemix Inc. is a Canada-based clinical-stage biotechnology company. The Company’s principal business is to develop, manufacture and commercialize blood-derived stem cell therapies to treat various diseases. It is an autologous stem cell therapeutics company that holds 91 patents on the derivation of three stem cell lineages from the patient’s blood, including angiogenic cell precursors (ACP-01), neuronal cell precursors, and cardiomyocyte cell precursors. ACP-01 is a lead clinical-stage candidate, like NCP-01 and CCP-01, is generated from the patient’s blood. The Company is engaged in providing treatment for ischemia, such as ischemic cardiomyopathy, angina, peripheral arterial disease including critical limb ischemia. The Company’s proprietary technology is a personalized regenerative therapy that is administered to a patient within seven days of the initial blood draw. Its subsidiaries include Kwalata Trading Limited, Hemostemix Ltd., and PreCerv Inc.


TSXV:HEM - Post by User

Bullboard Posts
Post by barmac6on Nov 15, 2010 3:54pm
299 Views
Post# 17708931

Hemisphere GPS to make GPS compass for ComNav Mari

Hemisphere GPS to make GPS compass for ComNav Mari

Hemisphere GPS to make GPS compass for ComNav Marine

2010-11-15 15:29 ET - News Release
Shares issued 55,561,676
HEM Close 2010-11-12 C$ 1.05

Mr. Phil Gabriel reports

HEMISPHERE GPS EXPANDS OEM AGREEMENT WITH COMNAV FOR VECTOR G1 GPS SATELLITE COMPASS

Today, from the METS 2010 exhibition, Hemisphere GPS Inc. expanded its multimillion-dollar OEM agreement with ComNav Marine Ltd. of Vancouver, Canada. Hemisphere GPS will manufacture the world's smallest (42 cm) GPS compass available on the market today under a private branding agreement for ComNav Ltd. The Vector G1 GPS satellite compass will be sold with ComNav's autopilot, radars and chart plotter solutions for pleasure boats and light commercial vessels.

Based on Hemisphere GPS' patented Crescent® Vector™II technology, Vector G1 calculates reliable heading accuracy of 0.75 degree and 60 centimeter positioning with SBAS corrections while providing heave, pitch, and roll output messages through an integrated tilt sensor and gyro system. Vector G1 supports both NMEA 0183 and NMEA 2000 interface standards making it compatible with all connectivity standards found on today's vessels.

"Hemisphere GPS' commitment to innovation has advanced the precision and reliability of our autopilot and AIS systems for safe marine navigation," says Shafiq Gulamani, President of  ComNav Marine Ltd. "The Vector G1 GPS Satellite compass is a unique product that gives our customers unmatched accuracy in an extremely small package."

Today ComNav unveiled the new Vector G1 GPS satellite compass at the Marine Equipment Trade Show (METS) in Amsterdam, The Netherlands. Hemisphere GPS will ship Vector G1 GPS compasses to ComNav in volume beginning early in the first quarter of 2011.

"We are pleased to expand our relationship with ComNav," says Phil Gabriel, Vice President of Precision Products for Hemisphere GPS. "ComNav is a valuable OEM customer of Hemisphere GPS and we are proud to have our technology integrated into their precision autopilot solutions."

About ComNav Marine Ltd.

Headquartered in Vancouver, Canada, ComNav Marine Ltd. is one of the largest privately held marine autopilot manufacturers in the world. ComNav provides a full range of professional electronic navigation systems for a variety of marine crafts including fishing vessels, recreational boats, tug boats, ferries, naval vessels, mega yachts, government fleets and freighters. The firm's reputable products are channeled through a worldwide distribution network that spans over 120 countries.

We seek Safe Harbor.

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