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Wall Street News Alert Issues Special Alert on PFMH! October 8, 2008

Wed. October 08, 2008; Posted: 08:38 AM
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WESTON, FL, Oct 08, 2008 (MARKET WIRE via COMTEX) -- WYE | Quote | Chart | News | PowerRating -- Wall Street News Alert's "stocks to watch" this morning are: Performance Health Technologies, Inc. (OTCBB: PFMH), Pfizer (NYSE: PFE), Wyeth (NYSE: WYE | Quote | Chart | News | PowerRating) and GlaxoSmithKline (NYSE: GSK).

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*** This free service can be discontinued at any time by replying to any one of the alerts with the word "stop."

There is important breaking news coming from Performance Health Technologies, Inc. (OTCBB: PFMH), and investors are urged to monitor the stock closely this morning! Yesterday after the markets closed, the company issued a press release announcing that Robert D. Prunetti, CEO of Performance Health Technologies, joined its sales, marketing and distribution partner, Interactive Metronome (IM) during a two-day sales conference in Fort Lauderdale, Florida to personally demonstrate the company's Core:Tx(R) rehabilitation technology and gather important feedback from the national IM sales force.

Great news for the company, as the conference provided both PHT and IM with critical information which will be used to launch a marketing and sales blitz slated for the fourth quarter of this year! "Movement," the name given to the initiative, will focus on utilizing field information gathered from 'pilot trials' at various rehabilitation centers, in-service training sessions with rehab professionals, combined with sales presentations to sharpen sales techniques. Additionally, "Movement" will provide feedback for the development of certification courses for Core:Tx(R), software enhancement design for easier use, and will identify greater opportunities for sales. "Movement," which includes adding a team of in-house sales professionals, is expected to lay the ground work in Q4 of this year for meeting sales projections beginning January, 2009.

Used under the guidance of a therapist or healthcare professional, Core:Tx(R) turns rehabilitation into a wireless, game-like challenge that is entertaining and works for a variety of patients recovering from neuromuscular conditions as well as joint injuries. The readily adaptable Core:Tx(R) system enhances existing rehabilitation with both preventative and strengthening protocols.

PHT entered into a distribution agreement one year ago with Interactive Metronome (IM), a leader in the interactive therapy market, as previously disclosed in PHT's form 10SB, to sell and distribute Core:Tx(R) to its network of over 30,000 physical therapists and leading healthcare institutions, including LifeCare, The Veteran's Administration, and HealthSouth. Based in Birmingham, Alabama, HealthSouth is the nation's largest provider of inpatient rehabilitation healthcare services.

Investors are urged to continue to monitor the progress of the company!

The stock closed yesterday at Twenty Five cents a share.

For a recent Wall Street News Alert's in-depth profile of Performance Health Technologies, visit http://www.WallStreetNewsAlert.com/HotStocks/PFMH100708/default.aspx.

Pfizer (NYSE: PFE | Quote | Chart | News | PowerRating) down 6.8% on 94.7 million shares traded.

Pfizer is one of the world's largest research-based pharmaceutical company's taking new approaches to better health.

Wyeth (NYSE: WYE | Quote | Chart | News | PowerRating) down 4.3% on 8.7 million shares traded.

Wyeth is one of the world's largest research-driven pharmaceutical and health care products companies. It is a leader in the discovery, development, manufacturing and marketing of pharmaceuticals, vaccines, biotechnology products, nutritionals and non-prescription medicines that improve the quality of life for people worldwide.

GlaxoSmithKline (NYSE: GSK | Quote | Chart | News | PowerRating) down 0.6% on 3.7 million shares traded.

GlaxoSmithKline -- one of the world's leading research-based pharmaceutical and healthcare companies -- is committed to improving the quality of human life by enabling people to do more, feel better and live longer.

Market Commentary:

"Oil prices inched higher on Tuesday after plunging Monday to an eight-month low on concerns a global recession will undermine demand for crude. Light, sweet crude rose $1.25 to $89.06 a barrel on the New York Mercantile Exchange," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.

Let Wall Street News Alert help advertise for your company using our effective awareness campaigns. If you're interested in telling your story, we can help. Contact us at info@wallstreetnewsalert.com or see our services at http://www.wallstreetnewsalert.com/tPage.aspx?PAGE_TYPE=AU.

WSNA's email alert service is free to those investors who sign up on the WSNA home page. The alert service is designed to notify investors of undervalued and often overlooked stocks. Subscribers are introduced to Special Situation companies that have the potential of showing increased activity. The Wall Street News Alert home page has experienced over 100 million hits. To subscribe to this free service, visit the Wall Street News Alert home page at http://www.wallstreetnewsalert.com and select the "join now" button.

*** It has come to the attention of Wall Street News Alert (WSNA), that various persons or companies distribute faxes bearing similar names to Wall Street News Alert. Wall Street News Alert is not affiliated with faxes bearing names such as: Wall Street Stock Alert, Wall Street Investor Alert, Wall Street News Alert or any other fax using various combinations of the generic words Wall Street.***

Wall Street News Alert is a division of Wall Street Capital Funding LLC (WSCF). WSCF also maintains a contractual, working relationship with Stock Market Alerts LLC and its Wall Street Enews brand. WSCF is not a registered broker/dealer and may not sell, offer to sell or offer to buy any security. WSCF profiles are not a solicitation or recommendation to buy, sell or hold securities. An offer to buy or sell can be made only with accompanying disclosure documents from the company offering or selling securities and only in the states and provinces for which they are approved. The material in this release is intended to be strictly informational. The companies that are discussed in this release have not approved the statements made in this release nor approved the timing of this release. All statements and expressions are the sole opinion of WSCF and are subject to change without notice. Information in this release is derived from a variety of sources including that company's publicly disseminated information, third parties and WSCF research. The accuracy or completeness of the information is not warranted and is only as reliable as the sources from which it was obtained. WSCF disclaims any and all liability as to the completeness or accuracy of the information contained and any omissions of material fact in this release. The release may contain technical inaccuracies or typographical errors. It is strongly recommended that any purchase or sale decision be discussed with a financial adviser, or a broker-dealer, or a member of any financial regulatory bodies. Investment in the securities of the companies discussed in this release is highly speculative and carries a high degree of risk. WSCF is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment if they make a purchase in WSCF profiled stocks.

This profile is not without bias, and is a paid release. WSCF has been compensated for dissemination of company information on behalf of one or more of the companies mentioned in this release. WSCF has been compensated Seven Thousand and Five Hundred Dollars for services performed for Performance Health Technologies, Inc. (OTCBB: PFMH | Quote | Chart | News | PowerRating) by third party, Quality Stocks, who is non-affiliated and may hold a significant position in the stock. WSCF holds no shares of the stock. WSCF may receive additional compensation for extension of its services. Any additional compensation will be disclosed at such time that WSCF is aware of a client's desire to extend the original services. WSCF may have received shares of a company profiled in this release prior to the dissemination of the information in this release. WSCF may immediately sell some or any shares in a profiled company held by WSCF and may have previously sold shares in a profiled company held by WSCF. WSCF's services for a company may cause the company's stock price to increase, in which event WSCF would make a profit when it sells its stock in a company. In addition, WSCF's selling of a company's stock may have a negative effect on the market price of the stock.

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 company's 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 WSCF undertakes no obligation to update such statements.

Contact email: Email Contact URL: http://www.wallstreetnewsalert.com Company: Wall Street News Alert

SOURCE: Wall Street News Alert

http://www2.marketwire.com/mw/emailprcntct?id=E629BCBED3AF5A03 http://www.wallstreetnewsalert.com

For full details on GlaxoSmithKline (GSK) click here. GlaxoSmithKline (GSK) has Short Term PowerRatings of 6. Details on GlaxoSmithKline (GSK) Short Term PowerRatings is available at This Link.

    


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