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Miami Children’s Hospital Performs First Nerve Repair Surgery Using Avance® Nerve Graft Technology

MIAMI & ALACHUA, Fla.--(BUSINESS WIRE)--

Miami Children’s Hospital, recognized by U.S. News & World Report for excellence in 10 pediatric subspecialties in 2011 and 2012, and AxoGen, Inc. (AXGN) have announced the hospital’s first nerve repair surgery with Avance® Nerve Graft. The processed nerve allograft technology was implanted during a surgery recently to repair a brachial plexus injury suffered by a 6 month-old baby girl.

The surgery was performed by Dr. John A. I. Grossman, MD, FACS, Director of The Brachial Plexus Program at Miami Children’s Hospital,

LARGO, Fla., May 31, 2012 /PRNewswire/ -- GDT Tek, Inc., (GDTK) announced today that GDTK is seeking Representative Companies and/or Independent Contractors to work with landfill owners and operators to offer them a way to increase electrical energy produced at their landfill location by installing Phoenix Units at those sites. The Phoenix uses waste heat to produce electricity. The Company is seeking to have an national presence in all 50 states.

(FORT LAUDERDALE, Fla., May 30, 2012) – BIOflex Medical Magnetics, Inc. (“BMMI”) announced today that it intends to launch its unique Comfort Sleep System Mattress Overlay following the completion of the acquisition by iTech Medical, Inc. (OTC: IMSU - News) (FWB: 0IM - News), announced May 23, 2012. The BIOflex Comfort Sleep System incorporates the Company’s patented concentric circle magnets, strategically imbedded in the upper layer to improve circulation, accelerate healing and enhance pain relief.

According to the Centers for Disease Control (CDC), insufficient sleep is a public health epidemic with sleep insufficiency linked to motor vehicle crashes, industrial disasters, and medical and other occupational errors. An estimated 50-70 million U.S. adults have a sleeping disorder, many resulting from chronic back pain.

BAYSIDE CORPORATION (PINKSHEETS: BYSD) today announced the renewal of oil and gas leases in the Muscadine Field, located on 230 acres in Tyler County Texas. The Muscadine Field has three existing wells and the Company plans to drill one new well to complete in multiple zones of the Wilcox formation. The field has accumulated production of approximately 400,000 barrels of oil and 350 million cubic feet of natural gas.

Gordon Johnson, the CEO of Bayside Corporation, states, "We are pleased to announce the renewal of the Muscadine Lease, as the Company grows its oil and gas reserves in the United States. This Lease holds accumulated reserves that we will produce and take to market starting this year. Initially we will permit and drill a new well (the No. 2-R) as a replacement to the No. 2 well now on the lease. The No. 2 well will be held for future use as a saltwater disposal well. Once we have drilled and completed the new well we will announce the results of the production level.

Abakan Inc. (OTCQB: ABKI) is pleased to announce that its 71% controlled subsidiary, MesoCoat, has secured a supply contract for its PComP™ nanocomposite coating materials from a large industrial pump manufacturer and distributor in Canada. This supply contact further validates the superior value of MesoCoat’s PComP™ nanocomposite coatings in the $1+ billion North American tungsten carbide thermal spray powder coating market.

Robert Miller, CEO, Abakan Inc., stated:

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