June 20, 2007 NASD OTC-BB: MRDAF
www.streetinvesting.com: Meridian Co. Ltd. vs. Current Events
Jun 20, 2007 (M2 PRESSWIRE via COMTEX News Network) -- Please visit www.Streetinvesting.com for the full report, additional research and related articles on the company mentioned herein.
Wall Street treaded softly at the Bell this Tuesday as the Real Estate sector disclosed a declining economic diagnosis. Reports from the National Association of Homebuilders defined the official figures on the drop of new homes and apartments construction as 2.1 % for May. Investors were very well aware that this sector was in jeopardy, but now that the statistics are out they might look at it as a portent of the economy's well-being. Old fears might hinder the bashful bull response which has recently overruled the dominant bearish trend directing the market the last few weeks. Investor's sentiment is still quite raw about the different factors skulking the economy, namely inflation, interest rate and today's economic data on the housing sector. This week trading sessions is set to look more like a test of faith more than anything. Meridian Co. Ltd. (OTCBB: MRDAF) closed down at $ 0.74 with a trading volume of 11,520 this Tuesday.
Our research team has been walking the mile, investigating the possibilities floating about in the Over-the-Counter Bulletin Board. As the market spins more spice and thorn everyday, pulling investors back to the learning bench, we have brought forward the following contender, Meridian Co. Ltd. ("Meridian" or the "Company").
In a press release announcement made on Tuesday 19th June, 2007, Meridian Co. Ltd., an industry leader in the research, development, manufacturing and sales of advanced medical equipment, was thrilled to have Dr. Lionel Bissoon, a prominent celebrity weight-loss doctor, contract with the company to become the exclusive medical endorser for the LAPEX 2000 LipoLaser. This innovative new medical device is currently pending an FDA 510(k) clearance in the United States.
Dr. Bissoon is the leading authority in the U.S.A. on Mesotherapy (medical specialty focusing on promoting weight loss and eliminating cellulite) with practices in New York and Palm Beach. Dr. Bissoon is the best selling author of The Cellulite Cure and has been featured in numerous print and broadcast stories including appearances on ABC's "20/20", The Rachael Ray Show, CBS's "48 Hours", Vogue, People, and the New York Times.
Dr. Bissoon will work with Meridian regarding potential speaking or representation engagements at trade shows or medical conferences where he will discuss product information pertaining to the LAPEX 2000 LipoLaser. Dr. Bissoon is very excited about this new technology and commented, "The LAPEX 2000 LipoLaser holds the potential to revolutionize the aesthetic market for the reduction of cellulite and will offer clients a fantastic new non-invasive alternative to help them meet their goals."
The LAPEX 2000 LipoLaser was designed to target the medical and aesthetic market, specifically to address body shaping/contouring, spot fat reduction, and reduction in the appearance of cellulite. The LAPEX 2000 LipoLaser's non-invasive treatment is considered one of the most innovative methods to treat those stubborn areas of fat that do not respond to diet and exercise. The demand for this type of treatment is expected to grow rapidly, not only in the plastic surgery profession but in any clinical setting such as medi-spas and wellness centers that treat localized body fat deposits which may not have responded to diet and exercise.
Meridian is an established leader in the research/development, manufacturing and sales of advanced medical devices in the healthcare industry. With a dynamic research and development team, Meridian is at the forefront in the development of cutting edge medical technologies. The Company presently holds a total of 18 worldwide patents on its technology, and has received FDA approval and Health Canada approval as well as other international regulatory approvals, for many of its products. Meridian has over 1500 clients including physicians, hospitals, clinics, healthcare professionals, and wellness centers in Korea, USA, Canada, China, Japan and Europe, and continues to successfully market its superior product line to a growing number of clients worldwide.
Having to deal with the poorest performance of the Real Estate sector since last January's 13.9% decline, The Street would have to keep a candle of hope so as not to be bruised by the bears' impulse yet again. Meridian Co. Ltd. will without doubt have much to offer in terms of news release and development, and we will have a sentry ready to send you the alarm as they sprout out to the public. Please visit streetinvesting.com as we bring more content regarding Meridian found exclusively on our website.
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