paul.nowak wrote: Matt, thanks for the comments. I made an error on the version of Plone. It's 2.5 Plone running on Zope 2.9x.
In regards to the additional products, we have a skin installed and we have a product that we had custom developed for us that connects to a PostgreSQL database. We've looked at slow PostgreSQL queries causing problems and have not been able to find an issue. We've also tested for the case where the PostgreSQL server is down and have not been able to create an issue. We therefor...
AMHERST, NY and WOODLAND HILLS, CA -- (MARKET WIRE) -- 05/18/07 -- HealthSport, Inc.
(OTCBB: HSPO), a fully integrated developer, manufacturer and marketer of
unique and proprietary branded and private label edible film strip
nutritional supplements and over-the-counter drugs, announced today it has
closed a private placement of its shares of common stock in which the
Company received total net proceeds of $6 million. Under the terms of the
placement, HealthSport sold approximately 4 million shares of common stock
at a fixed price of $1.50. The shares underlying the placement carry
registration rights calling for the filing of an SB-2 on or before June 1,
2008. Investors in the financing include former NFL stars Bruce Smith,
Bernie Kosar and Jim Kelly.
Proceeds of the private placement will be used for general working capital
as well as to expand the capacity of its recently acquired wholly owned
subsidiary, InnoZen, Inc., the preeminent formulator, developer and
manufacturer of edible film strips that deliver drug actives through buccal
(between the cheek and gum) absorption. HealthSport completed the
acquisition of InnoZen on May 7, 2007.
InnoZen's patented and proprietary edible film strip delivery technology is
superior to any other competitive edible film strips currently on the
market. InnoZen has five patents pending and has developed numerous
proprietary processes that it incorporates in the development and
manufacturing process of edible film strips. InnoZen's key IP is its
proprietary and patent-pending bi-layer technology, which results in edible
film strips that boast long shelf life, a high tolerance to heat, cold and
humidity, and the best overall stability without having to be individually
wrapped.
HealthSport and InnoZen are the developers, manufacturers and marketers of
the edible Enlyten(TM) SportStrips(TM) (http://enlytenstrips.com). Enlyten
SportStrips replace the electrolytes one loses while exercising through
buccal (cheek) absorption. This mode of absorption is very different from
all of Enlyten's electrolyte delivery predecessors. Unlike traditional
absorption through the gastric system, which can take up to 30 minutes and
may cause bloating, Enlyten SportStrips enable electrolytes to be absorbed
directly into the bloodstream in just minutes eliminating over-hydration or
bloat that often accompanies the excessive consumption of sports drinks.
HealthSport (http://www.healthsportinc.com) is a fully integrated
developer, manufacturer and marketer of unique and proprietary branded and
private label edible film strip nutritional supplements and
over-the-counter drugs. The Company's wholly owned subsidiary, InnoZen
(http://www.innozen.com), is the preeminent formulator, developer and
manufacturer of edible film strips that deliver drug actives through buccal
(between the cheek and gum) absorption. InnoZen's proprietary edible film
strip delivery technology is superior to any other competitive edible film
strips currently on the market. InnoZen has five patents pending and has
developed numerous trade secrets which it incorporates in the development
and manufacturing process of edible film strips. The company's Enlyten(TM)
SportStrips(TM) (http://enlytenstrips.com), an edible film electrolyte
strip, has recently undergone and completed pre-market testing conducted in
conjunction with physicians and scientists at Duke University Sports
Medicine & The Michael J. Krzyzewski Human Performance Laboratory ("K Lab")
(http://klab.surgery.duke.edu). Preliminary findings of these tests suggest
that the Enlyten electrolyte strip delivers meaningful amounts of
electrolytes to the body in a safe, fast and effective manner.
Special Note Regarding Forward-Looking Statements: Statements in this news
release about anticipated or expected future revenue or growth or
expressions of future goals or objectives, including statements regarding
whether current plans to grow and strengthen the Company's existing
business, are forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. All forward-looking statements in
this release are based upon information available to the Company on the
date of this release. Any forward-looking statements involve risks and
uncertainties, including the risk that the Company will be unable to grow
or strengthen its business due to a lack of capital or an inability to
identify acquisition candidates and that the Company may not realize
anticipated cost savings or revenue growth opportunities associated with
any acquisitions, planned or otherwise. Additionally, forward-looking
statements concerning the performance of the Company's business are based
on current market conditions and risks, which may change as the result of
certain regulatory, competitive or economic events, as well as those risks
and uncertainties described in the Company's filings with the Securities
and Exchange Commission, which could cause actual events or results to
differ materially from the events or results described in the
forward-looking statements, whether as a result of new information, future
events or otherwise. Readers are cautioned not to place undue reliance on
these
forward-looking statements.