WESTON, FL--(MARKET WIRE)--Oct 15, 2008 -- Wall Street News Alert's "stocks to watch" this morning are: Performance Health Technologies, Inc. (OTC BB:PFMH.OB - News), Johnson & Johnson (NYSE:JNJ - News), Bristol-Myers Squibb Company (NYSE:BMY - News) and Amgen (NasdaqGS:AMGN - News).

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There is important breaking news coming from Performance Health Technologies, Inc. (OTC BB:PFMH.OB - News), and investors are urged to monitor the stock closely this morning! Yesterday after the markets closed, the company issued a press release announcing that it has appointed Tommy J. Harris to its board of directors.

This could prove to be a great addition for the company! Mr. Harris, a resident of Weston, CT who holds a CPA certificate, brings significant operational and financial experience, with close to 40 years of finance, operations and business development experience. He is currently serving as Chief Financial Officer and a member of the Board of Directors for Vigilant Solutions, LLC (Vigilant). Mr. Harris is also a private sector participant in the Transportation Security Administration's Registered Traveler Program.

The press release states: Prior to joining Vigilant, Mr. Harris served as Senior Vice President and Chief Financial Officer of Associated Press, the world's largest news organization. Past experience also includes serving as Chief Financial Officer and Chief Operating Officer at Remote Management Systems, Inc. Previous positions span nearly 20 years in top posts with AOL Time Warner Inc., including, Chief Financial Officer of Time Warner Cable, an $8 billion media and telecommunications company, with 40 operating divisions and more than 30,000 employees. Mr. Harris also previously managed general audits and SEC compliance requirements for domestic and international clients during his tenure at Price Waterhouse & Co.

"PHT's Core:Tx® rehabilitation system is an impressive combination of technological innovation, clinical knowledge and understanding of patient needs," said Harris. "I am excited about the company's potential and pleased to contribute to their continued growth."

Last week the company reported Robert D. Prunetti, CEO of Performance Health Technologies, joined its sales, marketing and distribution partner, Interactive Metronome (IM) during a two-day sales conference in Fort Lauderdale, Florida to personally demonstrate the company's Core:Tx® rehabilitation technology and gather important feedback from the national IM sales force. The conference provided both PHT and IM with critical information which will be used to launch a marketing and sales blitz slated for the fourth quarter of this year! "Movement," the name given to the initiative, will focus on utilizing field information gathered from 'pilot trials' at various rehabilitation centers, in-service training sessions with rehab professionals, combined with sales presentations to sharpen sales techniques. Additionally, "Movement" will provide feedback for the development of certification courses for Core:Tx®, software enhancement design for easier use, and will identify greater opportunities for sales. "Movement," which includes adding a team of in-house sales professionals, is expected to lay the groundwork in Q4 of this year for meeting sales projections beginning January, 2009.

PHT entered into a distribution agreement one year ago with Interactive Metronome (IM), a leader in the interactive therapy market, as previously disclosed in PHT's form 10SB, to sell and distribute Core:Tx® to its network of over 30,000 physical therapists and leading healthcare institutions, including LifeCare, The Veteran's Administration, and HealthSouth. Based in Birmingham, Alabama, HealthSouth is the nation's largest provider of inpatient rehabilitation healthcare services.

Investors are urged to continue to monitor the progress of the company!

The stock closed yesterday at Twenty Four cents a share.

For a recent Wall Street News Alert's in-depth profile of Performance Health Technologies, visit http://www.WallStreetNewsAlert.com/HotStocks/PFMH101408/default.aspx.

Johnson & Johnson (NYSE:JNJ - News) up 2.1% on 38.9 million shares traded.

Caring for the world… one person at a time, inspires and unites the people of Johnson & Johnson. We embrace research and science -- bringing innovative ideas, products and services to advance the health and well-being of people. Our 120,200 employees at more than 250 Johnson & Johnson companies work with partners in health care to touch the lives of over a billion people every day, throughout the world. Johnson & Johnson is an Official Partner of the Beijing 2008 Olympic and Paralympic Games, a Worldwide Partner of the International Olympic Committee, and a Proud Partner of the United States Olympic Committee and the U.S. Olympic Team.

Bristol-Myers Squibb Company (NYSE:BMY - News) down 1.7% on 16.8 million shares traded.

Bristol-Myers Squibb is a global pharmaceutical and related health care products company whose mission is to extend and enhance human life.

Amgen (NasdaqGS:AMGN - News) down 4% on 11.1 million shares traded.

Amgen discovers, develops, manufactures and delivers innovative human therapeutics. A biotechnology pioneer since 1980, Amgen was one of the first companies to realize the new science's promise by bringing safe and effective medicines from lab, to manufacturing plant, to patient.

Market Commentary:

"Wall Street ended a relatively calm session with a moderate loss as investors decided to cash in some of their profits from the previous day's massive advance," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.

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