PRINCETON, N.J., Sept. 11 /PRNewswire-FirstCall/ -- Zargis Medical Corp., a spin-off from Siemens Corporate Research (NYSE: SI - News) and a majority-owned subsidiary of Speedus Corp. (Nasdaq: SPDE - News), today announced that it was selected as a runner-up in The Wall Street Journal's 2006 Technology Innovation Awards. The competition honors breakthrough technologies from around the world in several categories.