Wound Management hires IM

Wound Management Technologies (Fort Worth, Texas) said it has engaged International Monetary (IM) as its investor relations & strategic advisory firm to provide investor relations services, public relations services, and advise the company's management on other strategic decisions.

"IM has a direct connection to the investment community which will help us quickly move forward with our strategy," said President/CEO Scott Haire. "Their vast experience will aid in our overall market support, which is where we have needed some more substantial professional help in the past."

PLC Systems to be delisted from AMEX

PLC Systems (Franklin, Massachusetts) said that it has not submitted a plan to the American Stock Exchange (AMEX) that would demonstrate its ability to regain compliance with the exchange's listing standards. Accordingly, the company anticipates that its common stock will be delisted from the AMEX in the next several weeks, and begin to trade on the over-the-counter bulletin board.

PLC received a notice of failure to meet listing qualifications dated Sept. 17 from the Listing Qualifications department at the AMEX. The notice said that the company was not in compliance with Section 1003(a)(ii) of the AMEX company guide because shareholders' equity was less than $4 million as of June 30, and it incurred losses from continuing operations and net losses in three out of its four most recent fiscal years.

Kindred Healthcare opens Florida hospitals

Kindred Healthcare (Louisville, Kentucky) reported the opening of Kindred Hospital the Palm Beaches in Palm Beach County, Florida, and reported plans for a new freestanding hospital in Melbourne, Florida.

"We are excited about these new hospitals in Palm Beach County and Melbourne, Florida," said President/CEO Paul Diaz. "These hospitals will further our strategic growth plans and provide new opportunities to expand in markets that need our high-quality, post-acute services."

Kindred Healthcare is a healthcare services company.

Scient'x adds U.S., international facilities

Scient'x (Maitland, Florida), a maker of spinal implants and instrument systems, reported changes and additions to its U.S. and international facilities.

Scient'x is relocating its U.S. headquarters to West Chester, Pennsylvania, from Maitland, Florida, effective at the end of October. The new, larger facility will house both the commercial and operational components of the U.S. business. It will also have a dedicated laboratory and training facility capable of hosting surgeon and sales training, as well as supporting product development and testing.

"I am very excited about expansion of the U.S. operation," said President/CEO Michael Huggins. "Not only does it help us to better support our customers, it also provides us the opportunity to expand capacity and allows us to educate and train surgeons and sales professionals on both our technology and surgical solutions."

Scient'x also is adding a new educational facility in Beaurains, just north of Paris. This facility provides the ability to train up to 50 people at a time. It is anticipated to open before the end of the year.