[jpeg] Members We know it`s been awhile since our last big alert but trust us Kallo Inc.
(KALO.ob) could prove to be well worth the wait.
[png] Company: Kallo Inc.
Symbol: KALO.ob Current PPS: $0.136 (Highly Opportunistic Entry Point) Outstanding Shares: 142.8M FLOAT: 64.66M Websites: www.kalloinc.ca We have been keeping a close eye on KALO this month and this medical information company has been picking up some serious momentum within the past few days. The company hit a high of $0.20 today up over 100% from what it was trading at just last week. KALO then took a healthy dip to close the day out at a very attractive PPS of just $0.136.
Today`s dip in PPS now offers traders who act early a great opportunity for early morning profit as we feel that KALO could easily hit $0.20 again before noon tomorrow.
About the Company:
Kallo Inc. (KALO.ob) is a medical information company that uses technology to assist physicians and nurses to streamline the mass of patient information in a coherent and usable manner. KALO`s clinical information systems are designed for use in hospitals, healthcare delivery organizations and regional and national healthcare authorities.
KALO provides market leading-edge technology solutions for healthcare institutions and authorities. These solutions are designed to save cost, time and reduce adverse drug events (ADE) that kill more than 200,000 patients per year in the United States alone. KALO`s products work together to reduce the cost of providing medical care, while dramatically improving the quality and efficiency of healthcare services offered by healthcare institutions.
At the end of June KALO announced that they are currently licensed to distribute their Electronic Medical Record (EMR) systems, Picture Archiving and Communication System (PACS), and Medical Device Connectivity System (MDC) throughout The United States and Canada.
KALO is currently the only company in this sector customizing its systems to individual practices, offering the flexibility needed to set these practices apart from the competition.
Currently the United States and Canada are responsible for approximately 50% of the global IT expenditures in the healthcare sector. KALO`s distribution license is huge as it allows them to cement their presence in both these booming markets.
KALO is showing an aggressive global growth strategy as they are currently negotiating distribution in 24 countries.
KALO`s technology solutions have already proven highly successful in the healthcare industry with 6700 units installed worldwide while maintaining a 100% retention rate.
KALO deserves your immediate attention put it on the top of your watchlist and be ready to pick up shares early tomorrow morning at 9:30am EST.
Follow PennyStockLocks on Facebook and Twitter for the latest news and updates on KALO Remember to trade smart and to take profits when you can KALO Announces Distribution Areas 8:00a ET June 29, 2012 (PR NewsWire) Kallo, Inc. (OTCQB: KALO) is pleased to announce that they are currently licensed to distribute their Electronic Medical Record (EMR) systems, Picture Archiving and Communication System (PACS), and Medical Device Connectivity System (MDC) throughout The United States and Canada. Kallo, Inc. is currently the only company in this sector customizing its systems to individual practices, offering the flexibility needed to set these practices apart from the competition.
“The 2008 US Stimulus goal of utilization of an electronic health record for each person in the United States by 2014 is rapidly approaching and Kallo. Inc.
is excited to be able to offer our products in the US to assist physicians in meeting the EMR requirements.” “The United States and Canada are responsible for approximately 50% of the global IT expenditures in the healthcare sector. We are positioned to increase our presence and distribution in the marketplace,” stated John Cecil, Chairman and CEO.
Kallo, Inc. is currently negotiating distribution in 24 countries.
Kallo OEM currently has a client base of 6700 units installed and has maintained a 100 percent retention rate over the last 7 years of operations.
ABOUT Kallo, Inc., a medical information company, engages in the manufacturing and development of software that assists physicians and nurses to streamline patient information. Its software solution includes Electronic Medical Record software (EMR) and connectivity software that gathers medical information from various sources and deposits it into a single source as an electronic medical record for each patient.
Kallo, Inc. is a publicly traded company, listed on the OTC markets, (otcmarkets.com) stock symbol KALO.OB Safe Harbor Statement:
This release includes forward-looking statements. These forward-looking statements generally can be identified by phrases such as INCL or its management “believes,” “expects,” “anticipates,” “foresees,” “forecasts,” “estimates” or other words or phrases of similar import. Similarly, statements herein that describe the Company`s business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements.
Media contact:John Cecil or Vince Leitao 416-246-9997http://www.kalloinc.ca//
SOURCE Kallo Inc.
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