BlueFire Research Announces New Investment Opinion On Hypertension Diagnostics.Business Editors & Analysts NOTE TO EDITORS: The following is an investment opinion issued by BlueFire Research. MINNEAPOLIS--(BUSINESS WIRE)--March 19, 2001 Hypertension hypertension or high blood pressure, elevated blood pressure resulting from an increase in the amount of blood pumped by the heart or from increased resistance to the flow of blood through the small arterial blood vessels (arterioles). Diagnostics receives Outperform Outperform An analyst recommendation meaning a stock is expected to do slightly better than the market return. Notes: Exact definitions vary by brokerage, but in general this rating is better than neutral and worse than buy or strong buy. rating, 12-month target price of $8 7/8/Share BlueFire Research, an SEC registered investment adviser affiliated with BlueFire Partners, today announced a new investment opinion on Hypertension Diagnostics Inc. (Nasdaq:HDII- $4 5/16). BlueFire Research has given Hypertension Diagnostics an OUTPERFORM rating for speculative investors and a 12-month target price of $8 7/8 per share. Hypertension Diagnostics is at the launch phase of an FDA-approved screening and diagnostic system for human arterial arterial /ar·te·ri·al/ (-al) pertaining to an artery or to the arteries. ar·te·ri·al adj. 1. Of or relating to one or more arteries or to the entire system of arteries. 2. elasticity, a key indicator for many forms of cardiovascular disease Cardiovascular disease Disease that affects the heart and blood vessels. Mentioned in: Lipoproteins Test cardiovascular disease . "We are initiating coverage of Hypertension Diagnostics common stock with an OUTPERFORM rating for speculative investors," said Joanne B. Henry, Managing Director of BlueFire Research, Inc. "Hypertension Diagnostics has persevered in the development of breakthrough technology for the analysis of arterial health, and today the company is selling these systems for academic and research applications. The real opportunity for investors, however, lies with the per-test fees for usage among general practice doctors, cardiologists, internists, and other physicians to screen their patients for cardiovascular health. The company will be launching this product shortly, and within months we expect the company to be producing revenue as systems are placed in clinics in the company's 25 target markets. "We believe revenue can grow to more than $18 million in the year ended June 2003, " Henry said. "With that kind of growth potential, we believe that the stock could appreciate significantly from its current price." The initial research report on Hypertension Diagnostics will be made available to BlueFire's proprietary database of investment professionals and through nationally recognized services that currently provide equity research online or by traditional subscription means. For more information and a copy of the Hypertension Diagnostics report, please send an electronic mail message to tbart@bluefirepartners.com or telephone (612) 344-1032. Bluefire Research reports are also available online at www.bluefirepartners.com/bfr/index.shtml. BlueFire Research was formed in January 2000 by Minneapolis-based BlueFire Partners to provide investment research on small capitalization capitalization n. 1) the act of counting anticipated earnings and expenses as capital assets (property, equipment, fixtures) for accounting purposes. 2) the amount of anticipated net earnings which hypothetically can be used for conversion into capital assets. growth companies in health care, technology, telecommunications, financial institutions, consumer, and industrial growth sectors. BlueFire Research prepares and provides research reports and periodic updates to investment professionals and the investment community on mid-cap, small-cap and micro-cap companies who, in most cases, are clients of BlueFire Partners. About BlueFire Partners BlueFire Partners is an independent, privately held professional firm providing strategic consulting services Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.) service - work done by one person or group that benefits another; "budget separately for goods and services" focused on enhancing the enterprise value of its clients. With headquarters in Minneapolis, BlueFire has a national reputation for expertise in advising growing companies in the areas of corporate strategy, investor relations Investor relations The process by which the corporation communicates with its investors. , public relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most , graphic design services, media relations, product launch campaigns, performance improvement initiatives and leadership development. BlueFire Research, a subsidiary of BlueFire Capital Markets Group, is an SEC-registered investment adviser providing investment research on small-capitalization growth companies and other investment advisory services advisory services advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal . Bluefire Research reports and updates are available online at www.bluefirepartners.com/bfr/index.shtml. The research report on Hypertension Diagnostics was prepared by BlueFire Research, a Registered Investment Adviser, and an affiliate of a company that provides a variety of professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. for the subject company of this report. However, the subject company of this report has paid no direct compensation to the investment adviser or its affiliate for the preparation, distribution, and dissemination dissemination Medtalk The spread of a pernicious process–eg, CA, acute infection Oncology Metastasis, see there of this report. This report is for information purposes only and does not constitute an offer or solicitation solicitation In criminal law, the act of asking, inducing, or directing someone to commit a crime. The person soliciting another becomes an accomplice to the crime. The term also refers to the act of obtaining bribes, as well as to the crime of a prostitute who offers sexual of an offer to buy or sell any securities. The information provided, while not guaranteed as to accuracy or completeness, has been obtained from sources believed to be reliable. No officer, director or employee of BlueFire Research, or its affiliates, owns securities in the subject company of this report unless it is specifically disclosed. |
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