Innovative Biosensors reclocates

Innovative Biosensors (Rockville, Maryland), makers of ultra-sensitive tests to detect harmful pathogens for both the clinical and biodefense markets, said that it has graduated from the University of Maryland College Park, Technology Advancement Program (TAP) Incubator. It has relocated its operations to the Red Cross' Jerome Holland Laboratory facility in Rockville, Maryland.

"We are delighted with the progress we have made towards commercialization of the technology. This is due, in part, to the unwavering support of the University of Maryland, the Maryland Technology Enterprise Institute, and the A. James Clark School of Engineering over the past three years," said Joe Hernandez, President and CEO of IBI.

Fonar in NASDAQ compliance

Fonar (Melville, New York) said it has received notice from NASDAQ that NASDAQ's listing qualifications panel had found it to be in full compliance with its listing requirements, including its share price, and the post-split price performance of Fonar shares. Consequently, the panel has restored today Fonar's trading symbol to (FONR) from (FONRD) following its recommended continued listing of the Company's securities on the NASDAQ Stock Market.

Fonar Chairman Raymond Damadian, said that "we are pleased to receive the news of FONAR's 'demonstrated compliance with all NASDAQ Marketplace Rules' and the resulting decision by NASDAQ for continued listing of Fonar on the NASDAQ Stock Market, especially in light of Fonar's exciting prospects going forward with the myriad of applications for FONAR's new Upright MR Imaging technology that seem to unfold almost daily."

TouchMark moves into new high-tech facility

TouchMark (Hayward, California), a provider of pad printing services, has moved to its new high-tech facility in Hayward. The new location not only offers additional production space, but also includes new state-of-the-art equipment and expanded cleanroom capabilities. "The new facility was designed to maximize efficiency, quality, and precision for each of our customers' print jobs," said Jeanne Beacham, president.

For more than 15 years the company has worked closely with medical and electronic customers to provide solutions to their pad printing requirements. In addition to pad printing, the company has expanded its offerings over the years to include material procurement and preparation, incoming inspection, cleanroom assembly, as well as post production services.