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Monday, November 30, 2009
StockPreacher.com Issues Analyst Blog Review for MedClean Technologies Inc.
Comtex
DALLAS, Nov 30, 2009 (GlobeNewswire via COMTEX) ----StockPreacher.com announces an investment report featuring MedClean Technologies Inc. (OTCBB:MCLN). The report includes financial and investment analysis, analyst consensus, and pertinent industry information you need to know to make an educated investment decision.
The investment report on MedClean Technologies Inc. (MCLN) should be of particular interest to comparable healthcare technology and systems companies: Johnson & Johnson and Stericycle Inc.
The full report is available at: http://www.stockpreacher.com/n/MCLN
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MedClean Technologies Inc. (MCLN), formerly Aduromed Industries Inc., provides solutions for managing medical waste onsite, including designing, selling, installing and servicing on site (in-situ) turnkey systems to treat regulated medical waste. The Company provides these systems to hospitals and other medical facilities as efficient, safe, cost effective and legally compliant solutions to incineration, off site hauling of untreated waste and other alternative treatment technologies and methodologies. MCLN's principal products are the MedClean series systems. Also effective January 2, 2009, the Company merged its former wholly owned subsidiary, Aduromed Corporation (Aduromed), with and into the Company.
Message Board Search for MCLN: http://www.boardcentral.com/boards/MCLN
In the report, the analyst notes:
"Total revenue for the quarter ended September 30, 2009, was $1,556,292 compared with $748,758 for the same period in 2008, an increase of $807,534 or 107.8%. ...The gross profit for the three months ended September 30, 2009, was $914,249 (58.7% of total revenue) compared with a gross profit of $266,519 (35.6% of total revenue) for the same three-month period of 2008.
"MCLN and Vestera announced in late September a co-marketing agreement between both companies, marking a strategic partnership that both companies expect will further expand operations and better provide the healthcare industry with the most effective, automated solution that addresses pharmaceutical waste management to control increasing costs and facilitate environmental responsibility."
To read the entire report visit: http://www.stockpreacher.com/n/MCLN
StockPreacher.com is a small-cap research and investment commentary provider. StockPreacher.com strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on StockPreacher, please visit: http://www.stockpreacher.com
StockPreacher.com Disclosure
StockPreacher.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. StockPreacher.com is a Web site wholly-owned by BlueWave Advisors, LLC. Please read our report and visit our Web site, StockPreacher.com, for complete risks and disclosures.
This news release was distributed by GlobeNewswire, www.globenewswire.com
SOURCE: StockPreacher
CONTACT: StockPreacher.com Jeff Bishop (469)-252-3505 press@beaconequity.com
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