IMI to Present at 16th Annual Wall Street Analyst Forum in New York
February 16 2005 - 8:01AM
PR Newswire (US)
IMI to Present at 16th Annual Wall Street Analyst Forum in New York
TORONTO, Feb. 16 /PRNewswire-FirstCall/ -- Predictive medicine
company IMI International Medical Innovations Inc. (TSX:IMI; Amex:
IME) today announced that management will present IMI's investment
highlights to analysts and investors at the 16th Annual Wall Street
Analyst Forum on Wednesday, March 2, 2005 at 9 a.m. ET at The
Roosevelt Hotel, located on Madison Avenue at 45th Street, in New
York. President and Chief Executive Officer Dr. Brent Norton will
provide an update on the company's recent accomplishments and
business strategy. "IMI is a growing company with tremendous
prospects, and we look forward to communicating that message to the
audience at this event," said Dr. Norton. "We recently announced
that our lead cardiovascular product, PREVU(x) Point of Care Skin
Sterol Test, is now available for sale to the North American
professional medical community. Additionally, exciting new data on
skin sterol testing will be presented at the upcoming American
College of Cardiology annual meeting. We have also been notified
that three new clinical papers on skin sterol have been accepted
for publication this year by various peer-reviewed journals. Fiscal
2005 is off to a very successful start and we expect the momentum
to build throughout the year." A live webcast of Dr. Norton's
presentation and accompanying slides will be available on IMI's
website at http://www.imimedical.com/ and subsequently archived for
a period of 30 days. The Wall Street Analyst Forum has been a
leading independent sponsor of analyst conferences in New York,
Boston and London since 1989. About IMI IMI is a world leader in
predictive medicine, dedicated to developing rapid, non-invasive
tests for the early detection of life-threatening diseases. IMI's
cardiovascular products, branded as PREVU(x) Skin Sterol Test, are
marketed and distributed worldwide by McNeil Consumer Healthcare.
The company's cancer tests include ColorectAlert(TM), LungAlert(TM)
and a breast cancer test. IMI's head office is located in Toronto,
and its research and product development facility is at McMaster
University in Hamilton, Ontario. For further information, please
visit http://www.imimedical.com/. This press release contains
forward-looking statements. These statements involve known and
unknown risks and uncertainties, which could cause the Company's
actual results to differ materially from those in the
forward-looking statements. Such risks and uncertainties include,
among others, the lack of operating profit and availability of
funds and resources to pursue R&D projects, the successful and
timely completion of clinical studies, the successful development
or marketing of the Company's products, reliance on third-party
manufacturers, the competitiveness of the Company's products if
successfully commercialized, the ability of the Company to take
advantage of business opportunities, uncertainties related to the
regulatory process, and general changes in economic conditions. In
addition, while the Company routinely obtains patents for its
products and technology, the protection offered by the Company's
patents and patent applications may be challenged, invalidated or
circumvented by our competitors and there can be no guarantee of
our ability to obtain or maintain patent protection for our
products or product candidates. Investors should consult the
Company's quarterly and annual filings with the Canadian and U.S.
securities commissions for additional information on risks and
uncertainties relating to the forward-looking statements. Investors
are cautioned not to rely on these forward-looking statements. IMI
is providing this information as of the date of this press release
and does not undertake any obligation to update any forward-looking
statements contained in this press release as a result of new
information, future events or otherwise. DATASOURCE: IMI
International Medical Innovations Inc. CONTACT: Company Contact,
Sarah Borg-Olivier, Director, Communications, T: (416) 222-3449, ;
U.S. Investor Contact: Andrea Faville, The Investor Relations
Group, T: (212) 825-3210,
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