ORLANDO, Fla., April 10, 2007 (PRIME NEWSWIRE) -- RedChip Visibility, a division of RedChip Companies, announced that it has initiated research on Lusora Healthcare Systems Inc. (OTCBB:LHCS).
Joe Blankenship, MBA, CFA Level I Candidate, RedChip Research Analyst, wrote in the report:
"Lusora Healthcare Systems Inc. is entering the personal emergency response systems (PERS) market . The Company has designed a system that is more interactive, provides more data, and allows more off-site monitoring than most of the PERS systems being marketed today.
Lusora has a high gross profit operating model that should allow it to achieve cash and income breakeven quickly. Significantly all of the product acquisition and service features can be outsourced until the Company has sufficient subscribers to make it profitable to bring call center service in-house. Distribution is expected to grow rapidly due to a significant infrastructure of local, regional, or national alarm and medical alert companies that can obtain a higher value PERS system and participate in the revenue generated from being a superior product.
Although Lusora may be considered a development company due to the lack of revenue, we feel the experienced management team, the growing market, the significantly differentiated product, and their attractive financial model make this an appealing investment for the high-growth part of an aggressive investor's portfolio. We have established an 18-month price target of $3.00 per share based upon the Company's ability to achieve a 7 to 10 percent market share within the next two years. We initiate coverage of Lusora Healthcare Systems Inc. with a Buy rating."
To receive a complimentary copy of the RedChip Visibility initial research for LHCS, please visit: http://www.redchip.com/independent/subscriber.asp?page=requestLHCS_Initial
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RedChip Research, a division of RedChip Companies Inc., writes fundamental research on small-cap companies. RedChip's success has been documented in Forbes, Barron's and the Wall Street Journal. RedChip Visibility(tm) provides small-cap companies access to both professional and individual small-cap investors by holding conferences throughout the United States, producing online corporate visibility programs, and writing company sponsored research.
RedChip Visibility Research Disclosure
The analysts contributing to this report do not hold any shares of LHCS. Additionally, the analysts contributing to this report certify that the views expressed herein accurately reflect the analysts' personal views as to the subject securities and issuers. RedChip certifies that no part of the analysts' compensation was, is, or will be, directly or indirectly, related to the specific recommendation or views expressed by the analyst in the report. Additional information on the securities mentioned in this report is available upon request. This report is based on data obtained from sources we believe to be reliable, but is not guaranteed as to accuracy and does not purport to be complete. As such, the report should not be construed as advice designed to meet the particular investment needs of any investor. Any opinions expressed herein are subject to change. RedChip Companies Inc. is an affiliate of the Aurelius Consulting Group, Inc. LHCS is a client of the Aurelius Consulting Group, Inc. and of RedChip Visibility, a division of RedChip Companies. LHCS paid RedChip Visibility $36,000 for the RedChip Visibility Research Program, which includes this report.