$MMTC catalysts coming next week. Receiving the machines! Should be interesting tomorrow IMO!
MMTC - RECEIVIES COMMERICAL PRODUCTION UNITS!!!
Micro Imaging Tech (QB) (USOTC:MMTC)
Today : Thursday 21 June 2012
Micro Imaging Technology, Inc. (OTCBB: MMTC) (OTCQB: MMTC) announced that the first commercial units of its Rapid Microbial Identification System will be available by the first week of July 2012 from its Hawthorne, CA-based Manufacturing Partner.
"Although we were unable to meet our 2011 manufacturing goal," stated Jeffrey Nunez, Micro Imaging's newly appointed President and CEO. "We have made tremendous strides in just the past 45 days and are very excited to be now in the production phase. We are working closely with our manufacturing partner and feel confident we will meet the specifications outlined for the first several MIT 1000 units," Nunez continued. MIT contracted with a Hawthorne, CA-based manufacturer in 2010 under an exclusive five-year manufacturing agreement to produce MIT's Rapid Microbial Identification System and received the first pre-production MIT 1000 System in late December 2010. This System, manufactured exclusively for MIT, is a stand-alone, optically-based, software driven system. The MIT 1000 can complete an identifying test in less than five (5) minutes and with a material cost of pennies -- adding further credence to MIT's claims of being able to save thousands of lives and tens of millions of dollars in health care cost with its unique technology.
Furthermore, MIT's Chief Scientist, David Haavig, PhD explains: "In the U.S., around 76 million cases of food- borne illnesses, resulting in 325,000 hospitalizations and 5000 deaths, are estimated to occur each year. The leading cause of these illnesses and deaths are three main strains of bacteria: E. coli, Salmonella, and Listeria. Rapid identification of these disease-causing pathogens in food is critical to the health and safety of all consumers."
The AOAC Research Institute (AOAC RI) awarded the Company in June 2009, Performance Tested Methods SM (PTM) certification for the rapid identification of Listeria. The AOAC RI provides an independent third party evaluation and expert reviews of methods and will award PTM certification to methods that demonstrate performance levels equivalent or better than other certified bacteria identifying methods. The MIT System underwent hundreds of individual tests, including ruggedness and accuracy, to earn AOAC RI's certification for the identification of Listeria
$MMTC catalysts coming next week. Receiving the machines!
Top 10 Most Recent News Articles
Hagerty Amplifies Profit Forecast Amid Premium Gains
An Unyielding Growth Trajectory Hagerty, Inc. just unveiled its behemoth third quarter results for 2026 and they're nothing if not eye-popping. With a whopping 18% increase in written premium year-over-year to a towering $1,099 million, there's no mistaking Hagerty’s robust growth trajectory. And that's just one piece of the puzzle—earned premiums rocketed up by 42%...
Continue Reading
M-tron Industries Gears Up for Sonoma Investor Meetings
Investors ready for solid insights from M-tron The quiet whispers of impending deals and candid discussions are what really fuel the grind of stock market exchanges. Come November 16, at the Raymond James Investor-Led Sonoma Small Cap Symposium, you can bet your last nickel that M-tron Industries, Inc. (NYSE American: MPTI) will be making waves by doling out their future...
Continue Reading
Cerbo's AI Scribe Expands to Telehealth Success
Cerbo Enhances Telehealth With AI Scribe Expansion The digital healthcare playground looks like it's getting a nudge toward efficiency with Cerbo's latest move. Just when you thought telehealth couldn't get much sharper, these folks have drawn a line in the sand with their AI Scribe, which now makes its presence felt in virtual visits. No more juggling a dozen screens...
Continue Reading
FileInvite Transforms Complex Lending with Bold Platform Relaunch
A New Era for Lending Documentation If you've been drumming your fingers waiting on loan paperwork to get sorted, FileInvite's latest move might just be the caffeine kick the lending world needs. Announced at the NAGGL Annual Conference, their souped-up platform has been redesigned as the beating heart of lending documentation. This isn't just a facelift folks—it's an...
Continue Reading
Direct Connection Unleashes Powerful HEMI V8 Engine Programs
HEMI V8 Legacy Reinvention at SEMA 2026 If you're the sort who gets their hands greasy restoring or revamping classic muscle, well, Direct Connection just made your life a whole lot easier. Stellantis' performance arm pulled the wraps off not just one, but six new HEMI V8 crate engine packages at the 2026 SEMA Show. Now, that's how you turn heads in Vegas. A New...
Continue Reading
ILC Dover Faces $13M Cybersecurity Fraud Penalty
Big Bucks for Cyber Missteps When it rains, it pours—or in the case of ILC Dover, it’s a downpour of $13 million they’re forking over to settle a gnarly cybersecurity debacle. If you blinked, you might miss this hefty payout marking the biggest recovery under the Department of Justice’s Civil Cybersecurity Fraud program. So, what's the fuss about? Well, it's got...
Continue Reading
LG Energy Solution's Q3 2026: Power Moves in ESS Expansion
LG's Strategic Battery Play You know it's serious when a company pushes into new territories with gusto. LG Energy Solution isn’t tiptoeing with their recent financials—Q3 2026 showed 'em raking in KRW 9.6 trillion in revenue. That's a mighty 27.6% uptick from the previous quarter, no small potatoes by any stretch, especially when their operating profit stands solid...
Continue Reading
Mace Consult Ushers in New CFO for Growth Phase
Shaun Hughes Steps into Mace Consult's Financial Helm When a company like Mace Consult brings in someone with Shaun Hughes' pedigree as CFO, you know they're preparing for something big. This isn't exactly a cat nap in the park. With over two decades of driving financial strategy and performance across continents, Hughes isn't stepping into this role to twiddle his...
Continue Reading
Nucleus Reveals 2026 CPQ Value Chart for Manufacturers
CPQ Tech: Unpacking the 2026 Manufacturing Landscape In the cutthroat world of manufacturing, it's adapt or die. Right now, happens it's the fixers in Configure, Price, Quote (CPQ) technology, stepping in to save the day. Nucleus Research just dropped their 2026 Manufacturing CPQ Technology Value Matrix, shining a bright spotlight on who’s leading the pack and why it...
Continue Reading
AMETEK Surpasses Q3 2026 Expectations, Raises Outlook
A Banner Quarter for AMETEK Holy smokes, AMETEK has thrown down some numbers for the third quarter of 2026 that would make any seasoned trader sit up and take notice. We’re talking record-breaking across the board: $2.22 billion in sales, marking a whopping 17% increase over last year. Now, that's not just growth—that's rocket fuel. Earnings per share rocketed up with...
Continue Reading
