Category: Investment, Biotech, Technology
Medical Technology Stock Alert; Kallo (OTCBB: KALO) Trades up 30%
Small Company Targets Electronic Medical Record Market
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News about: Kallo, Inc. (OTCBB:KALO)
New York, NY - July 9, 2012 (Investorideas.com Newswire) Investor Ideas, www.InvestorIdeas.com, a global investor research portal for independent investors, issues a trading alert for medical technology stock, Kallo, Inc. (OTCBB: KALO), currently trading at $0.1310, up $ 0.0310 (31.00%) with a high of $0.1450, 0.0450(45.00%) on relatively light volume.
On June 29 th the Company issued news that it is licensed to distribute their Electronic Medical Record (EMR) systems, Picture Archiving and Communication System (PACS), and Medical Device Connectivity System (MDC) throughout The United States and Canada.
ohn Cecil, Chairman and CEO noted in the press release, "The United States and Canada are responsible for approximately 50% of the global IT expenditures in the healthcare sector. We are positioned to increase our presence and distribution in the marketplace."
ABOUT Kallo, Inc.
Kallo, Inc., a medical information company, engages in the manufacturing and development of software that assists physicians and nurses to streamline patient information. Its software solution includes Electronic Medical Record software (EMR) and connectivity software that gathers medical information from various sources and deposits it into a single source as an electronic medical record for each patient.
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