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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Joe Copia who wrote (5019)6/11/1998 10:23:00 AM
From: Wayne Rumball  Read Replies (1) | Respond to of 25711
 
Thursday June 11, 9:47 am Eastern Time

Company Press Release

SWISSRAY Awarded Contract From the Department of Veterans Affairs

NEW YORK--(BUSINESS WIRE)--JUNE 11, 1998--SWISSRAY INTERNATIONAL, INC. (NASDAQ: SRMI - news)
today announced that on May 22, 1998, one of its wholly owned subsidiaries, Swissray Medical Systems, was awarded a
contract from the Department of Veterans Affairs estimated at $400,000 for the base year for its Diagnostic x-ray systems, the
AddOn-Multi-System, with the VA reserving its option to extend the term of the contract up to March 31, 2001. The
AddOn-Multi- System is the first ever FDA approved multifunctional direct digital radiography (ddR) system to be offered
worldwide. It delivers plane x-ray examinations on the recumbent, seated and upright patient in a direct digital way. This system
produces superior image quality, improved efficiency, productivity, and overall cost reduction. The AddOn-Multi-System is
today's benchmark for direct digital radiography.

Ueli Laupper, Vice President of Swissray International, Inc., stated, ''We are very pleased to have received the official award
from the Department of Veterans Affairs. The VA healthcare system includes 171 medical centers and 362 outpatient,
community and outreach clinics throughout the United States. With more than 80,000 medical center beds, the VA treats nearly
a million patients a year, and registers nearly 23 million visits to VA's outpatient clinics for the same period, which represents an
enormous customer potential. With the official contract award, we now can actively pursue sales to the VA hospitals, many of
which have already expressed an interest in our AddOn-Multi- System.''

As an innovative developer and manufacturer of X-ray technology and systems, Swissray International, Inc. is a pioneer of
direct digital radiography (ddR) technology, Swissray is, with its unique product line, the leader in direct digital X-ray systems.

For more information about the Company and its AddOn-Multi-System(TM) visit the Swissray web site at
swissray.com.

This release contains certain forward-looking statements which involve known and unknown risks, uncertainties and other
factors not under the Company's control which may cause actual results, performance achievements of the Company to be
materially different from the results, performance or expectations implied by these forward-looking statements. These factors
include, but are not limited to, those detailed in the Company's periodic filings with the Securities and Exchange Commission.

L.G. Zangani, LLC provides financial public relations services to the Company. As such L.G. Zangani, LLC and/or its officers,
agents and employees, receives various forms of remuneration.

Contact:

UELI LAUPPER,
Vice President International Sales & Marketing
(212) 545-0095
or
LEONARDO G. ZANGANI, Investor Relations
(908) 788-9660
JEANNE FERRARI, Investor Relations
(908) 788-9660



To: Joe Copia who wrote (5019)6/11/1998 10:41:00 AM
From: Steven Messina,L.M.T.  Read Replies (1) | Respond to of 25711
 
CMTR....I'm in at 3/8ths...looks like a nice daytrading stock thusfar. The Pfizer news didnt come out on the wire until late into the trading session yesterday. Most thought once this "news" was disseminated, there would be a gap up this morning. Well, one would think that obvious, however if you were a market maker in the stock, you'd sit on the BID as much as possible, holding her down in hope of causing some panic in those already up a good percentage...they bail at a small profit..mm's buy up on the cheap then let this baby fly short term.

Wednesday June 10, 2:49 pm Eastern Time

Company Press Release

ChemTrak Signs Contract Research Pact With Pfizer Inc.

SUNNYVALE, Calif.--(BUSINESS WIRE)--June 10, 1998--ChemTrak Inc. (Nasdaq:CMTR - news) Wednesday
announced that it has signed an agreement with Pfizer Inc. of New York (NYSE:PFE - news) to develop a disposable,
quantitative, fingerstick whole blood test for one of Pfizer's drugs in development using ChemTrak's patented AccuMeter
technology.

As part of the agreement, Pfizer will pay ChemTrak approximately $400,000 in quarterly installments over the next 18 months
to develop the test. Pending successful clinical trials of the Pfizer drug, ChemTrak will remain the exclusive manufacturer of the
AccuMeter Test.

ChemTrak's proprietary AccuMeter platform is covered by 15 active patents and has four patents pending.

Its technology is the foundation of three ChemTrak products; the CholesTrak Home Cholesterol Test, available at drug and
mass merchandiser outlets, that allows consumers to monitor their progress while on a cholesterol lowering program; the
AccuMeter H. pylori Test, used to detect the presence of antibodies to the bacterium associated with ulcers; and the
ChemTrak AccuMeter Theophylline Test, recently cleared by the FDA, to monitor the concentration of the asthma drug
Theophylline in blood.

The technology is easily adaptable to monitor therapeutic drugs.

''We are extremely pleased Pfizer has chosen ChemTrak to develop a test for their drug,'' said Edward F. Covell, President
and Chief Executive. ''We have been systematically streamlining and restructuring our R & D department to reflect our
increased dedication to becoming a consumer-oriented marketing company. This has enabled us to focus our resources on the
most innovative and productive R & D projects,'' he continued.

''Securing this new fully funded R & D project illustrates Pfizer's faith in the ease of use and dependability of our AccuMeter
platform and it represents an excellent opportunity to become an OEM (Original Equipment Manufacturer) for Pfizer in
addition to marketing our current product line,'' Covell said.

ChemTrak's has a wide range of products for home use, which are available at all major chain drug and mass merchant outlets.
ChemTrak's most recent addition to its over-the-counter line is the Parent's Alert Home Drug Test Service, a counselor
supported home drug test service committed to helping parents prevent and eliminate drug abuse by their children.

The CholesTrak Home Cholesterol Test, and the ColoCARE Home Test to Detect the Early Warning Signs of Colorectal
Disease are both designed to help consumers take a more proactive role in their personal healthcare.

Located in Sunnyvale, ChemTrak is a medical diagnostics company offering reliable and easy-to-use medical testing systems
for in-home use and use in doctors' offices. ChemTrak medical tests are designed to screen and diagnose health conditions
with accuracy comparable to laboratory tests.

The statements in this release regarding products and revenues are forward looking and subject to risk and uncertainty, and
future results could differ materially from past performance.

For a detailed discussion of factors that may affect the company's operating results, interested parties should review the
company's Securities and Exchange Commission reports, including the ChemTrak Form 10-Q for the quarter ended March
31, 1998, as well as the Annual Report on Form 10-K for the year ended Dec. 31, 1997, filed with the SEC.

Contact:

ChemTrak Inc., Sunnyvale, Calif.
Donald V. Fluken, 408/773-8156
or
Self & Associates
Trudy M. Self, 818/880-5437

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