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Topic: Business & Investment

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Small Logo Align Technology to Present at the Gabelli Dental & Veterinary Conference
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SANTA CLARA, California – Align Technology, Inc. (Nasdaq: ALGN), the inventor of Invisalign®, a proprietary method of straightening teeth without wires and brackets, announced today that Eldon M. Bullington, Vice President of Finance and Chief Financial Officer of Align Technology, Inc., is scheduled to speak at the Fifth Annual Gabelli Dental & Veterinary Conference on Thursday, June 14, 2007 at 11:15 a.m. ET / 8:15 a.m. PT.

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Posted by Editor on Tuesday, June 05, 2007
 
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Small Logo Milestone Scientific's STA System Named By Dentistry Today As One Of "2007 Top 100 Products"
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LIVINGSTON, New Jersey – Milestone Scientific, Inc. (OTCBB:MLSS), the recognized leader in advanced injection technologies, announced today that it has been notified by Dentistry Today, the nation's leading clinical publication for dentists, that the Company's new Single Tooth Anesthesia (STA™) System will be featured as one of Dentistry Today's "2007 Top 100 Products" in its upcoming July issue.

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Posted by Milestone on Monday, June 04, 2007
 
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Small Logo Henry Schein to Acquire the Full-Service and Special Markets Business of Becker-Parkin Dental Supply Co.
1913 Reads
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MELVILLE, New York – Henry Schein, Inc. (Nasdaq: HSIC), the largest provider of healthcare products and services to office-based practitioners in the combined North American and European markets, today announced it has entered into a definitive agreement which will enable it to acquire the full-service and special markets business of Becker-Parkin Dental Supply Co., a privately held company. The transaction is expected to be completed in July. Becker-Parkin's full-service business offers customers consumable dental products and equipment through field sales representatives, and the company's special markets business serves corporate dental customers with multiple offices and centralized purchasing. Combined, Henry Schein estimates these two businesses will contribute approximately $40-45 million in revenue in its first full year. Henry Schein expects the acquisition to be neutral to 2007 EPS and slightly accretive to 2008 earnings. This excludes a pretax gain of approximately $2 million in 2007, which will be realized upon the disposition of certain businesses of Becker-Parkin. Terms of the transaction were not disclosed.

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Posted by Schein on Monday, June 04, 2007
 
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Small Logo Henry Schein to Present at FTN Midwest 2007 Health Care Conference
2160 Reads
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MELVILLE, New York – Henry Schein, Inc. (Nasdaq: HSIC), the largest provider of healthcare products and services to office-based practitioners in the combined North American and European markets, announced today that Steven Paladino, Henry Schein's Executive Vice President and Chief Financial Officer, will present at the FTN Midwest Securities Corp Health Care Conference on Tuesday, June 5, 2007. The Conference is being held at The Four Seasons Hotel in New York.

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Posted by Schein on Friday, June 01, 2007
 
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Small Logo DHR to Present at Bank of America Health Care Conference
2372 Reads
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WASHINGTON, District of Columbia – Danaher Corporation (NYSE:DHR) announced that President and Chief Executive Officer, H. Lawrence Culp, Jr. will be presenting at the Bank of America Health Care Conference in Las Vegas, Nevada on Thursday, May 31 at 8:40 a.m. PDT. The audio will be simultaneously webcast on http://www.danaher.com. The presentation will be archived on http://www.danaher.com for one week.

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Posted by Danaher on Tuesday, May 29, 2007
 
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Small Logo Patterson Companies Reports Improved Fourth Quarter Operating Results
2575 Reads
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ST. PAUL, Minnesota – Patterson Companies, Inc. (Nasdaq:PDCO) today reported consolidated sales of $739,143,000 for the fourth quarter of fiscal 2007 ended April 28, an increase of 6% from $695,177,000 in the year-earlier quarter. On a comparable basis, which excludes the telemarketing operation of the former Accu-Bite business that was closed in early May 2006, consolidated sales increased approximately 8%. Net income came to $59,924,000 or $0.44 per diluted share, up 6% from $56,819,000 or $0.41 per diluted share in the fourth quarter of fiscal 2006. Current quarter earnings included stock compensation expense of approximately $0.01 per diluted share.

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Posted by Patterson on Friday, May 25, 2007
 
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Small Logo DHR Announces Definitive Agreement to Acquire ChemTreat
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WASHINGTON, District of Columbia – Danaher Corporation (NYSE: DHR) announced today that it has signed a definitive agreement to acquire ChemTreat Inc., a leading provider of water treatment products and services, for a cash purchase price of approximately $435 million including transaction costs and net of cash acquired.

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Posted by Danaher on Thursday, May 24, 2007
 
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Small Logo Morning Alert for Patterson Companies Inc
2676 Reads
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ST. PAUL, Minnesota – Patterson Companies, Inc. operates as a distributor serving the dental, companion-pet veterinarian, and rehabilitation supply markets. The company operates in three segments: Dental Supply, Veterinary Supply, and Rehabilitation Supply. The Dental Supply segment offers consumable dental supplies, such as x-ray film and solutions; impression materials; restorative materials; hand instruments; sterilization products; anesthetics; infection control products, such as protective clothing, gloves, and facemasks; paper, cotton, and other disposable products; toothbrushes; and dental accessories, including instruments, burs, and diamonds. It also provides dental equipment products, including x-ray machines, handpieces, dental chairs, dental handpiece control units, diagnostic equipment, sterilizers, dental lights, and compressors, as well as practice management and clinical software, patient education systems, and office forms and stationery to dentists, laboratories, institutions, and other healthcare professionals throughout North America. The Veterinary Supply segment's products include consumable supplies, such as lab supplies, paper goods, needles and syringes, gauze and wound dressings, sutures, latex gloves, orthopedic, and casting products; pharmaceuticals, including anesthetics, antibiotics, injectibles, ointments, and nutraceuticals; diagnostics, such as on-site testing products; and biologicals, including vaccines and injectibles for companion-pet veterinary clinics in the eastern United States. The Rehabilitation Supply segment offers rehabilitation medical supplies and non wheelchair assistive patient products to the physical and occupational therapy markets. The company, formerly known as Patterson Dental Company, was founded in 1877 and changed its name to Patterson Companies, Inc. in 2004. Patterson Companies is based in St. Paul, Minnesota.

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Posted by Patterson on Thursday, May 24, 2007
 
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Small Logo Orthodontic Patient Files Class Action Complaint; Alleges OrthoClear Settlement Disrupted Treatment
2758 Reads
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SANTA CLARA, California – Align Technology, Inc. (Nasdaq: ALGN), the inventor of Invisalign®, a proprietary method of straightening teeth without wires or brackets, announced today that the Company has been notified of a purported class action complaint filed against Align Technology, OrthoClear Inc., and OrthoClear Holdings, Inc. in the United States District Court for the Northern District of New York on May 18, 2007. Align Technology became aware of the filing on May 22, 2007, but has not been served with a copy of the Complaint.

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Posted by AlignTech on Wednesday, May 23, 2007
 
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Small Logo Danaher Corporation (NYSE:DHR) CEO Comments on Outlook
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WASHINGTON, District of Columbia – Danaher Corporation (NYSE:DHR) announced today that its President and Chief Executive Officer, H. Lawrence Culp, Jr., will confirm the Company's guidance range at $0.88 to $0.93 earnings per share for the 2007 second quarter and $3.70 to $3.80 earnings per share for the 2007 full year at the Electrical Products Group Conference in Longboat Key, Florida today.

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Posted by Danaher on Monday, May 21, 2007
 
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