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Performance Health Technologies, Inc. (PFMH.OB) Rises 16.22% During Friday’s Trading

PFMH.OB is currently trading up 16.22% from yesterday’s close on over 19,000 traded shares. In recent news, the company announced that it has signed an agreement that will improve the usability and design of its next-generation Core:Tx(R) rehabilitation device, a computer-based program that uses wireless motion-sensing technology to restore normal movement in patients with neuromuscular impairments.

Commenting on the agreement, CEO Robert Prunetti stated, “The market for consumer-electronic-based therapeutic and well-being products is expected to grow by 20 percent per year, reaching about $4 billion worldwide by 2010. We are committed to continue innovating to meet this demand through the convergence of clinical knowledge and cutting-edge technology. We expect our partnership with Logic to help us continue supporting these efforts and look forward to a prosperous relationship.”

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