* Says gets patent for laser-sight technology
* Shares rise as much as 25 percent
April 13 (BestGrowthStock) – CAS Medical Systems Inc (CASM.O: ) said
the Japanese Patent Office granted a new patent for the
company’s laser-sight technology, sending its shares up 25
percent in early trade.
The technology is used in the company’s fore-sight Oximeter
to help indicate a patient’s absolute oxygen saturation value
in the brain and other body tissues.
Shares of CAS Medical were up 19 cents at $1.82 in morning
trade Tuesday on Nasdaq. They touched a high of $2.04 earlier
in the session.
Stock Market Basics
(Reporting by Krishnakali Sengupta in Bangalore; Editing by
Gopakumar Warrier)
UPDATE 1-CAS Medical gets new Japanese patent, shares jump
