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BUYINS.NET: GXDX, HIRE, VRAD, GLOB, WDAM, TNSX Have Also Been Added To Naked Short List Today

Tuesday, July 08, 2008; Posted: 09:40 AM
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Jul 08, 2008 (M2 PRESSWIRE via COMTEX) -- WDAM | Quote | Chart | News | PowerRating -- BUYINS.NET, www.buyins.net, announced today that these select companies have been added to the NASDAQ, AMEX and NYSE naked short threshold list: Genoptix Inc. (NASDAQ: GXDX), HireRight Inc. (NASDAQ: HIRE), Virtual Radiologic Corp. (NASDAQ: VRAD), Global Med Technologies Inc. (OTCBB: GLOB), World Am Inc. (OTCBB: WDAM), Transax International Limited (OTCBB: TNSX). For a complete list of companies on the naked short list please visit our web site. To find the SqueezeTrigger Price before a short squeeze starts in any stock, go to www.buyins.net.

Genoptix Inc. (NASDAQ: GXDX | Quote | Chart | News | PowerRating) provides specialized laboratory service that focus on delivering customized and collaborative diagnostic services. Its services include COMPASS service offering, in which the company's hematopathologists determine the appropriate diagnostic tests to be performed, and then integrates patient history and all previous and current test results into a comprehensive diagnostic report; and CHART service offering, in which the hematologists and oncologists receives a detailed assessment of a patient's disease progression over time. The company also offers multiple diagnostic services, such as professional interpretation by its hematopathologists. It focuses on marketing its specialized diagnostic services to community-based hematologists and oncologists treating malignancies of the blood and bone marrow, and other forms of cancer. The company was founded in 1999 and is based in Carlsbad, California. With 16.34 million shares outstanding and 876,700 shares declared short as of May 2008, there is a failure to deliver in shares of GXDX.

HireRight Inc. (NASDAQ: HIRE | Quote | Chart | News | PowerRating) provides on-demand employment screening solutions in the United States and internationally. The company offers a range of background, and drug and health screening services for employment-related purposes. Its background screening services comprise provision of criminal records searches, the core component of employment screening programs, at the county, state, and national level; and other public and nonpublic records searches, such as searches of motor vehicle records, federal and state civil court records, and government lists, as well as credit checks. The company's drug and health screening services include provision of employment related drug and health screening services, including breath, urine, hair, and saliva testing for pre-employment, as well as random, post-accident, reasonable cause, and return-to-duty screening. HireRight also offers industry-specific screening services for various industries. In addition, the company provides various software applications, including HireRight Enterprise, a screening management application that provides its customers with various functionalities, such as order management, user management, compliance management, decision support, and reporting and analytics; Pre-Integrated Screening Solutions that leverage customer's recruiting software application for integrated screening workflow management and seamless data transfer in the recruiting process; Extended Workforce Screening Solution, which assists employers with managing and operating their programs for screening their extended workforce; and Employment Application Solution that streamlines the recruiting process by providing a Web-enabled employment application solution. HireRight serves a diverse customer base in various industries, including business services, technology, healthcare, manufacturing, telecommunications, and financial services. The company was incorporated in 1990 and is headquartered in Irvine, California. With 11.46 million shares outstanding and 302,600 shares declared short as of May 2008, there is a failure to deliver in shares of HIRE. According to quarterly data provided by the SEC, there were still 10,000 shares of HIRE that were failing-to-deliver as of September 26, 2007.

Virtual Radiologic Corp. (NASDAQ: VRAD | Quote | Chart | News | PowerRating) provides teleradiology services to radiology practices, hospitals, clinics, and diagnostic imaging centers in the United States. Its services include preliminary reads (radiologic interpretations), which are performed for emergent care purposes; and final reads, which are performed for both emergent and non-emergent care purposes. The company provides preliminary and final reads for a range of digital diagnostic imaging modalities, including computed tomography, magnetic resonance imaging, ultrasound, and digital/computed radiography. As of December 31, 2007, its radiologists provided services to 469 customers serving 804 medical facilities, which include 752 hospitals. The company was founded in 2001. It was formerly known as Virtual Radiologic Consultants, Inc. and changed its name to Virtual Radiologic Corporation in 2006. The company is headquartered in Minnetonka, Minnesota. With 16.71 million shares outstanding and 1.34 million shares declared short as of May 2008, there is a failure to deliver in shares of VRAD.

Global Med Technologies Inc. (OTCBB: GLOB | Quote | Chart | News | PowerRating) designs, develops, markets, and supports information management software products for blood banks, hospitals, centralized transfusion centers, and other health care related facilities in the United States, Africa, Canada, and the Caribbean. Its products include SafeTrace, which is used to assist community blood centers, hospitals, plasma centers, and outpatient clinics for the collection and management of blood and blood products; SafeTrace Tx, a transfusion management information system designed for hospitals and centralized transfusion centers to enable the quality of blood transfused into patient-recipients; and ElDorado Donor, a blood management software application designed to provide the information system needs of blood banks and donor centers. The company, through its subsidiary, PeopleMed.com, Inc., (PeopleMed) develops a software application designed to provide HMO providers and other third party payers access to clinical information for chronic disease patients. PeopleMed supports chronic disease management as an application service provider and its system uses the Internet to co-ordinate sources of information and users of a patient's clinical information, including laboratory, pharmacy, primary and specialty care providers, claims, and medical records. Global Med Technologies also involves in licensing software; the provision of maintenance, consulting, and support services; and in the resale of software obtained from vendors. The company was founded in 1989 and is based in Lakewood, Colorado. With 26.94 million shares outstanding and 49,800 shares declared short as of May 2008, there is a failure to deliver in shares of GLOB. According to quarterly data provided by the SEC, there were still 223,646 shares of GLOB that were failing-to-deliver as of September 28, 2007.

World Am Inc. (OTCBB: WDAM | Quote | Chart | News | PowerRating) engages in the development, manufacture, and distribution of automatic passage control (APC) and security devices; and marketing technologies in the field of micro-sensor elements and sensor arrays in the United States. Its products are used to monitor or control access, egress, or passage from one area to another, such as airport security portals, building entries and exits, gates for vehicles or personnel, public building access points, laboratories, hospitals, and government and other buildings. The company also involves in the design and manufacture of a standard line of APC systems for commercial, retail, and government use; customization/modification of APC systems per customer specifications; development of security devices for APC; and acquisition, development, sales, marketing, and distribution of component products. World Am sells its products through a dealer network or directly to the end user. The company was founded in 2005 and is headquartered in Newport Beach, California. With 1.07 billion shares outstanding and 156,800 shares declared short as of May 2008, there is a failure to deliver in shares of WDAM. According to quarterly data provided by the SEC, there were still 549,907 shares of WDAM that were failing-to-deliver as of September 28, 2007.

Transax International Limited (OTCBB: TNSX | Quote | Chart | News | PowerRating) through its subsidiary, Medlink Conectividade em Saude Ltda, provides health information management products and software solutions to manage coding, compliance, abstracting, and record management's processes for healthcare providers and health insurance companies. It offers health information management products and software solutions in the areas of compliance management, coding and reimbursement management, abstracting, and record management. The company's compliance management, and coding and reimbursement products and software are used to conduct automated prospective and retrospective reviews of all in-patient and out-patient claims data; abstracting solutions enable healthcare facilities to collect and report patient demographic and clinical information; and record management solutions automate the record tracking and location functions, monitor record completeness, and facilitate the release of information process within health information management departments. It also offers MedLink Solution, a software that enables the real time automation of routine patient eligibility, verifications, authorizations, claims processing, and payment functions. The company serves healthcare providers, such as physicians, clinics, hospitals, laboratories, diagnosis centers, and emergency centers; and health insurance and group medicine companies. Transax International has strategic alliances with Centro Brasilerio De Informatica Medica S/A, S1 Corporation, and Hypercom Corporation. It operates in the United States, Brazil, Australia, and Mauritius. The company is based in Miami, Florida with an additional office in Rio de Janeiro, Brazil. With 41.65 million shares outstanding and an undisclosed short position, there is a failure to deliver in shares of TNSX. According to quarterly data provided by the SEC, there were still 19,069 shares of TNSX that were failing-to-deliver as of September 28, 2007.

About BUYINS.NET

WWW.BUYINS.NET is a service designed to help bonafide shareholders of publicly traded US companies fight naked short selling. Naked short selling is the illegal act of short selling a stock when no affirmative determination has been made to locate shares of the stock to hypothecate in connection with the short sale. Buyins.net has built a proprietary database that uses Threshold list feeds from NASDAQ, AMEX and NYSE to generate detailed and useful information to combat the naked short selling problem. For the first time, actual trade by trade data is available to the public that shows the attempted size, actual size, price and average value of short sales in stocks that have been shorted and naked shorted. This information is valuable in determining the precise point at which short sellers go out-of-the-money and start losing on their short and naked short trades.

BUYINS.NET has built a massive database that collects, analyzes and publishes a proprietary SqueezeTrigger for each stock that has been shorted, www.buyins.net/squeezetrigger.pdf. The SqueezeTrigger database of nearly 2,050,000,000 short sale transactions goes back to January 1, 2005, and calculates the exact price at which the Total Short Interest is short in each stock. This data was never before available prior to January 1, 2005, because the Self Regulatory Organizations (primary exchanges) guarded it aggressively. After the SEC passed Regulation SHO, exchanges were forced to allow data processors like Buyins.net to access the data.

The SqueezeTrigger database collects individual short trade data on over 7,000 NYSE, AMEX and NASDAQ stocks and general short trade data on nearly 8,000 OTCBB and PINKSHEET stocks. Each month the database grows by approximately 50,000,000 short sale transactions and provides investors with the knowledge necessary to time when to buy and sell stocks with outstanding short positions. By tracking the size and price of each month's short transactions, BUYINS.NET provides institutions, traders, analysts, journalists and individual investors the exact price point where short sellers start losing money.

All material herein was prepared by BUYINS.NET, based upon information believed to be reliable. The information contained herein is not guaranteed by BUYINS.NET to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. BUYINS.NET is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on or mentioned herein. BUYINS.NET may receive compensation in cash or shares from independent third parties or from the companies mentioned.

BUYINS.NET affiliates, officers, directors and employees may also have bought or may buy the shares discussed in this opinion and may profit in the event those shares rise in value. Market commentary provided by Thomas Ronk.

BUYINS.NET will not advise as to when it decides to sell and does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the market.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies' annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission.

You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and BUYINS.NET undertakes no obligation to update such statements.

CONTACT: Thomas Ronk, CEO, BUYINS.NET Tel: +1 800 715 9999 e-mail: Tom@buyins.net WWW: http://www.buyins.net3

M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com.

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