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Saturday April 10, 2010
DrStockPick.com Stock Report!
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HMTO, Home Touch Holding Company, HMTO.OB
HMTO Receives Two Patent Approvals for Revolutionary Intelligent Environment Solutions
** HMTO has received patent approval for two new products, The FLOW(TM) All-In-One Remote Control Device and the Flatten Touch Video Door Phone(TM). Home Touch designs and installs custom, green technology for buildings, luxury homes and hotels throughout Greater China and Asia Pacific region.
The Flow remote control device received patent approval from the China Intellectual Property Department on January 21, 2010. The Flow is one of several innovative solutions within HMTO’s line of integrated Smart Home Systems. The Flow features built-in motion sensors and HMTO’s exclusive Flatten Touch Technology(TM) allowing easy touch-sense operation. The remote control device contains both infrared code learning and Zigbee(R) radio frequency for non line-of-sight operation. Users can program and operate functions for home appliances, lighting and security systems, temperature controls and entertainment systems, as well as telephone and Internet.
The new Flatten Touch Video Door Phone exclusive features include 7? video touch screen, video and voice messaging, security settings and alarm configuration. This newest of HMTO’s IP-Base technology also received patent approval from the China Intellectual Property Department on March 3rd, 2010. Flatten Touch Technology(TM) is featured throughout HMTO’s new “Born Luxury” series of high-performance intelligent design systems, including the recently patented Flatten Touch Video Door Phone. Also with innovative touch technology, the Video Door Phone is the first of its kind for use in intelligent home systems.
HMTO is Sole Provider of Green, Intelligent Home Solutions for One of Hong Kong’s Most Expensive Homes
HMTO will be exclusively featured in the first of four houses within Hong Kong’s premier Headland Road Project, on the island’s southern coast overlooking Repulse Bay. The homes are offered by Henderson Land Development Company.
The 11,000 sq. ft. luxury Show House is near completion and will be priced at around $64 million USD ($500 million Hong Kong Dollars). Completion of all four homes is highly anticipated by the luxury real estate market.
HMTO’s contract for system design and installation, valued at around $100,000 USD ($800,000 HKD), is due for completion in May, 2010.
More about HMTO at www.hometouch.asia.
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ISRG, Intuitive Surgical, Inc.
ISRG is the global technology leader in robotic-assisted, minimally invasive surgery. ISRG develops, manufactures and markets robotic technologies designed to improve clinical outcomes and help patients return more quickly to active and productive lives.
ISRG reported that equity awards approved by the Compensation Committee of the Board of Directors, which consists entirely of Independent Directors, were made to 46 new employees. Pursuant to Nasdaq Marketplace Rule 5635(c)(4), the equity awards were granted under the Intuitive Surgical, Inc 2009 Commencement Incentive Plan, which the Board of Directors of ISRG adopted for the granting of equity awards to new employees. In accordance with Nasdaq rules, these grants were made under an equity incentive plan without shareholder approval. Nasdaq rules require a public announcement of equity awards to be made under this type of plan. 46 employees were granted options to purchase an aggregate of 30,948 shares of ISRG’s common stock. The options vest over four years and expire in 10 years assuming continued employment. No officers received any award under this plan. The exercise price for the option shares granted is $333.37, which was the closing price of ISRG’s common stock on the Nasdaq Global Market as such price was reported by NASDAQ on April 7, 2010. ISRG’s policy is to issue stock option grants to new employees on the fifth business day in the calendar month following the month of hire. This announcement complies with the applicable NASDAQ rule requiring disclosure of such an inducement grant.
More about ISRG at www.intuitivesurgical.com
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