Dominion Lending Centres Clearlease Reports Ondine Biomedical (TSX:OBP) shrinks fourth-quarter loss to $691,000 from $1.2 million

Vancouver, B.C., Canada (April 1, 2011) – Clearlease.com Reports Ondine Biomedical (TSX:OBP) shrunk its loss in the fourth quarter on more consulting revenue, a government grant and recovery of inventory, the company said Thursday.

The maker of light activated disinfectant lost $691,000 in the fourth quarter, or eight cents per share, compared with $1.2 million, or 19 cents in the same quarter a year before.

Revenues rose to $391,000 from $249,000 in the fourth quarter of 2009.

The Vancouver-based company said its loss was lower because of a $130,000 increase in consulting revenue, a $250,000 government grant and a recovery of inventory worth $150,000.

Meanwhile, the company plans to focus on development of new applications of its technology but will need to raise additional capital.

Ondine’s technology is used in products to treat the drug-resistant infection MRSA as well as the treatment of chronic sinusitis, to kill bacteria left behind after gum treatment and to kill bacteria in the body’s breathing tubes.

Stock in the company was up two cents at 31 cents Thursday afternoon on the Toronto Stock Exchange.

DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html

About DLC Clearlease

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouver, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html . You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Pidgeon, Editor
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###Ondine Biomedical

Vancouver, B.C., Canada (April 1, 2011) – Clearlease.com Reports Ondine Biomedical (TSX:OBP) shrunk its loss in the fourth quarter on more consulting revenue, a government grant and recovery of inventory, the company said Thursday.

The maker of light activated disinfectant lost $691,000 in the fourth quarter, or eight cents per share, compared with $1.2 million, or 19 cents in the same quarter a year before.

Revenues rose to $391,000 from $249,000 in the fourth quarter of 2009.

The Vancouver-based company said its loss was lower because of a $130,000 increase in consulting revenue, a $250,000 government grant and a recovery of inventory worth $150,000.

Meanwhile, the company plans to focus on development of new applications of its technology but will need to raise additional capital.

Ondine’s technology is used in products to treat the drug-resistant infection MRSA as well as the treatment of chronic sinusitis, to kill bacteria left behind after gum treatment and to kill bacteria in the body’s breathing tubes.

Stock in the company was up two cents at 31 cents Thursday afternoon on the Toronto Stock Exchange.

DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html

About DLC Clearlease

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouver, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html . You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Pidgeon, Editor
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Vancouver, B.C., Canada (April 1, 2011) – Clearlease.com Reports Ondine Biomedical (TSX:OBP) shrunk its loss in the fourth quarter on more consulting revenue, a government grant and recovery of inventory, the company said Thursday.

The maker of light activated disinfectant lost $691,000 in the fourth quarter, or eight cents per share, compared with $1.2 million, or 19 cents in the same quarter a year before.

Revenues rose to $391,000 from $249,000 in the fourth quarter of 2009.

The Vancouver-based company said its loss was lower because of a $130,000 increase in consulting revenue, a $250,000 government grant and a recovery of inventory worth $150,000.

Meanwhile, the company plans to focus on development of new applications of its technology but will need to raise additional capital.

Ondine’s technology is used in products to treat the drug-resistant infection MRSA as well as the treatment of chronic sinusitis, to kill bacteria left behind after gum treatment and to kill bacteria in the body’s breathing tubes.

Stock in the company was up two cents at 31 cents Thursday afternoon on the Toronto Stock Exchange.

DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html

About DLC Clearlease

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouver, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html . You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Pidgeon, Editor
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

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