Procera will be in the news tomorrow
I chose to hold off, and keep my Forte, especially with what I knew about the Renishaw deal, and some problems reported by insiders at NBC. I have six former employees working there.
Here is some current news though:
Interview with NBC Chairman to be published tomorrow:
(Bloomberg 1-11-11)
Procera business is improving, Chairman Heino von Prondzynski told Finanz & Wirtschaft in an interview to be published tomorrow.
Customers didn’t get what they expected when Procera, a system used by laboratories to create dental implants, first went on sale in mid-2009, von Prondzynski told the Zurich-based newspaper. The scanners didn’t have the promised features, the software wasn’t optimal, and the materials were incomplete, the report cited the chairman as saying. As a result, the company lost a year of market penetration and growth for Procera, he said in the interview.
The Glattbrugg, Switzerland-based company changed the staff and the focus of research and development, the newspaper reported.
“The product is more competitive today,” after the changes were made, he told the newspaper.