Delivery Technology Solutions, Inc. (PINK SHEETS:DTSL), the leader in delivery management technology, has completed participation at one of the largest restaurant franchisee conventions, held July 22-25, 2010. Its UDS division attended the convention by invitation of the leading franchisor, and was able to showcase its large corporate catering and event management delivery technology platform to many of the thousands of convention attendees, and a range of other potential partners in the industry and associated industries.
“This was our first opportunity to interact face-to-face on a large scale with franchisees from all across American, Canadian, European, Middle Eastern and Asian markets,” said Ryan Coblin, CEO. “We could shake their hands, explain the opportunities our solutions offer, answer their questions and sign them up for follow-up contacts.”
Over the three-day event the company was successful in signing up franchisees that own thousands of locations, and multiple-territory development agents who represent thousands more. These signed prospects will be contacted by the franchisor and UDS to offer them optional programs to expand their customer base, increase sales and build new profits for their restaurants. Qualified franchisees are enrolled in the optional programs, and then UDS proprietary software is implemented at their unit, so orders may be received from the UDS Call Center and Online Ordering technology.
Life Partners Holdings, Inc. (NASDAQ:LPHI), parent company of Life Partners, Inc., reports its preliminary financial results for its second fiscal quarter and first half ended August 31, 2010. Life Partners expects to report second quarter earnings of $0.54 per share, a 5.9% increase compared with earnings of $0.51 per share last year. Income from operations is expected to increase 13% to $12.7 million, up from $11.2 million for the same period last year. For the six months ended August 31, 2010, the company expects to report earnings of $1.05 per share, a 4.0% increase compared with $1.01 per share for the six months ended August 31, 2009.
For the quarter ended August 31, 2010, Life Partners expects to report $30.3 million in revenues, a 4.1% increase over the $29.1 million reported for the same period last year. For the six months ended August 31, 2010, the company expects to report revenues of $57.0 million, a 0.8% increase over the $56.5 million reported for the same period last year.
Life Partners is the world’s oldest and one of the most active companies in the United States engaged in the secondary market for life insurance, commonly called “life settlements.” Since its incorporation in 1991, Life Partners has completed over 120,000 transactions for its worldwide client base of over 26,000 high net worth individuals and institutions in connection with the purchase of over 6,300 policies totaling over $2.6 billion in face value.
Life Technologies Corporation (NASDAQ:LIFE) has finalized cell line license agreements with a number of companies to provide rights to Life Technologies� proprietary CHO (Chinese hamster ovary) cell lines for the production of recombinant proteins used as therapeutic agents and vaccines.
New licensees include Advanced BioScience Laboratories, Inc., CNA Development L.L.C., Chong Kun Dang Pharmaceutical Corporation and DiNonA Inc. of Korea, RecipharmCobra Biologics, Ltd. of the United Kingdom, evitria SA of Switzerland, Fusion Antibodies of Northern Ireland, Indian Immunologicals Limited of Hyderabad, India and others. Commercial use rights have additionally been offered to many of the hundreds of institutions already using Life Technologies� proprietary cell lines for research and development.
Life Technologies Corporation is a global biotechnology tools company dedicated to improving the human condition. Our systems, consumables and services enable researchers to accelerate scientific exploration, driving to discoveries and developments that make life even better. Life Technologies customers do their work across the biological spectrum, working to advance personalized medicine, regenerative science, molecular diagnostics, agricultural and environmental research, and 21st century forensics. Life Technologies had sales of $3.3 billion in 2009, employs approximately 9,000 people, has a presence in approximately 160 countries, and possesses a rapidly growing intellectual property estate of approximately 3,900 patents and exclusive licenses. Life Technologies was created by the combination of Invitrogen Corporation and Applied Biosystems Inc., and manufactures both in-vitro diagnostic products and research use only-labeled products.
Life Time Fitness, Inc. (NYSE: LTM):
WHAT:
Toyota U.S. Open Triathlon�the championship event in the 2010 Life Time Fitness Triathlon Series Race to the Toyota Cup.
WHEN:
Sunday, October 10, 2010�7:30 a.m. CST
WHO:
Defending 2009 Race to the Toyota Cup Champions, Lisa Norden (SWE) and Matt Reed (USA), join more than 25 other female and male professionals.
WHERE:
Swim start�The Harbor at Lake Ray Hubbard, Rockwall, Tex.
For 2010, the Toyota U.S. Open Triathlon features a new course, changing the event from its original point-to-point format to a circular course. It offers a 1.5-kilometer swim at Lake Ray Hubbard, with a 40-kilometer bike ride through the community of Rockwall, and a 10-kilometer run, that starts and ends at The Harbor in Rockwall.
WHY:
The pro field will be battling for the event�s $92,000 purse, with the winner in both the female and male divisions taking home $20,000 each. In addition to the cash prizes, the winners will also earn 20,000 points in the Life Time Fitness Triathlon Series Race to the Toyota Cup.
Life Time Fitness, Inc. (NYSE: LTM) is a healthy way of life company based in Chanhassen, Minnesota. The Company is dedicated to providing programs and services that help its members connect and engage with their areas of interest, and achieve success with their health and fitness goals. Life Time Fitness designs and operates distinctive, multi-use sports, professional fitness, family recreation and spa/resort centers that help members lead healthy and active lives. As of September 30, 2010, the Company operated 89 centers in 19 states and 24 markets.
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