DALLAS, Nov. 18, 2009 (GLOBE NEWSWIRE) -- BeaconEquity.com announces an investment report featuring medical device maker Viking Systems Inc. (OTCBB:VKNG). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.
The investment report on Viking Systems Inc. (OTCBB:VKNG) should be of particular interest to medical device companies: Boston Scientific Corp. (NYSE:BSX), Medtronics Inc. (NYSE:MDT) and Saint Jude Medical Inc. (NYSE:STJ).
It is available at: http://www.beaconequity.com/i/VKNG
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Viking Systems Inc. (VKNG) develops, manufactures and markets visualization medical devices to aid surgeons during minimally invasive outpatient surgical procedures. The Company partners with other medical device manufacturers and medical facilities to deploy the Company's proprietary technology to aid surgeons and minimize recovery time of patients.
Message Board Search for VKNG: http://www.boardcentral.com/boards/VKNG
In the report, the analyst notes:
"Since the Company's inception, funding for the development of its products came through the sale of equity securities and convertible debt. From January 1, 2004, through September 30, 2009, the Company raised $10,750,00 through common and preferred stock sales and $13,600,000 through the issuance of debt. As of the close of the latest quarter ending September 30, 2009, the Company reported $214,510 in cash.
"In October 2009, the Company received a purchase order of $897,400 from the U.S. Army for the Company's proprietary 3Di technology. Payment is expected in November 2009."
To read the entire report visit: http://www.beaconequity.com/i/VKNG
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