BioQuest Technologies, Inc. (PINKSHEETS: BQTG) should have investors monitoring the stock closely. The company, a leading developer of innovative, environmentally safe antimicrobial products, issued a press release this morning announcing that it will focus personnel on applications of the Company's existing and developing nano-technology products specifically addressing homes and businesses in hurricane paths. The applications will focus on applying BioShield 75, the company's utilized patented, EPA and USDA approved nano-technology preventative product for home, business, and public facility issues.
More great news for BQTG investors, as the company has also recently announced that it has partnered with Indusco Ltd., a manufacturer of over 350 different specialty chemical and cleaning products, to produce and market over 200 cleaners and degreasers.
By focusing on the potential uses in a proactive application of BioShield 75, an incredible antimicrobial product with no poisons, water based that offers a mechanical reduction of bacteria and other products in development, BioQuest will be better able to develop effective solutions to microbial problems that continue to exist in homes and businesses after hurricanes damages. Taking a "prevention approach" allows BioQuest to help better serve all these environments.
"We know that we have a very special product in BioShield 75 as an antimicrobial surface protectant and we intend to make it more available through our direct services program for consumers for home, business, and public facility use through our certified trained crews," said Arne Rotne, President of BioQuest Technologies, Inc. "After traveling to New Orleans shortly after the hurricanes hit, we created many preventative measures that we have established would reduce bacteria in many of those environments. We continue to find a multitude of applications for BioShield 75 and firmly believe it can be an effective solution in addressing a number of microbial problems in the public sector. Hurricanes create many problems well after we feel solutions have been rendered in repairs. But with the use of our BioShield 75, applied as part of a proactive program by our trained crew and continually monitored with our annual healthier environment programs prior to these hurricanes, we will see reductions from bacteria, mold and mildew. Creating healthier environments through our programs will assist in homes and businesses offering healthier environments for those people involved in these hurricanes. We feel it will greatly reduce the aftermath of bacteria, mold and mildew and offer a better opportunity for these assets to be much better protected. Pre treating homes and businesses can dramatically reduce bacteria, mold and mildew that can create many health issues for all involved."
Rotne said BioShield 75 is a nanotechnology product utilized by BioQuest which is environmentally safe and non-toxic. BioQuest is continuing to find more uses of BioShield 75 as it develops uses for other products as well. "Our research scientists intend on keeping us at the forefront of preventative nanotechnologies applied to the microbial prevention sector enabling us to potentially capture a significant market share while addressing a need in the public hygiene arena."
This is certainly another company for investors to watch closely!
For Stock Market Alerts' in-depth profile of BioQuest Technologies, visit http://www.wallstreetenews.com/HotStocks/BQTG081207/default.aspx
Before the news was released, the stock closed Friday at Forty Two cents a share.
Other Stocks of interest Friday were:
DuPont (NYSE: DD) down 0.9% on 9.2 million shares traded. DuPont is a science-based products and services company. Founded in 1802, DuPont puts science to work by creating sustainable solutions essential to a better, safer, healthier life for people everywhere. Operating in more than 70 countries, DuPont offers a wide range of innovative products and services for markets including agriculture and food; building and construction; communications; and transportation.
The Sherwin-Williams Company (NYSE: SHW) up 4.6% on 2 million shares traded. The Sherwin-Williams Company, founded in 1866, is one of the world's leading companies engaged in the manufacture, distribution and sale of coatings and related products to professional, industrial, commercial and retail customers.
Biogen Idec Inc. (NASDAQ: BIIB) down 0.4% on 4.9 million shares traded. Biogen Idec creates new standards of care in oncology, neurology and immunology. As a global leader in the development, manufacturing, and commercialization of novel therapies, Biogen Idec transforms scientific discoveries into advances in human healthcare.
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