Lifeline Biotechnologies, Inc. Appoints Dr. Keith as President of First Warning Systems(TM), Inc.
September 29 2008 - 7:30AM
Business Wire
Lifeline Biotechnologies, Inc. (Pink Sheets:LLBO), a developer of
innovative medical technology, today announced that it has
appointed Dr. Louis Keith as president of First Warning Systems�,
Inc. Jim Holmes, Lifeline�s CEO stated, that �Dr. Louis Keith has
been appointed president of its subsidiary, First Warning Systems,
Inc. Dr. Keith has extensive experience in the field of breast
cancer and has been associated with Lifeline for many years. He has
been involved and has assisted in directing the development and
testing of the First Warning System� interpretive software. He was
worked very closely with Dr. Reeves, founder of Lifeline and
inventor of the First Warning System�, and with the engineers at
Nanyang Technical University in achieving the current capabilities
of the FWS interpretive software that is the basis for Lifeline�s
recent patent filing.� Dr. Louis Keith is Emeritus Professor of
Obstetrics and Gynecology at Northwestern University where he had
taught more than 5000 medical students in a period of 29 years.
Breast disease has long been a focus of his research interests,
having initially worked closely with the French group who developed
thermography for a period of years. He has written and lectured
widely on the topic of early detection of tumor masses and
co-edited a book with Michele Gauterie from Strasbourg. He also has
collaborated for more than a decade with Dr. William Reeves who
developed the First Warning System and published various papers
with him on the importance of separating the physiologic changes
which can be detected before morphologic changes which appear later
in the mammogram. His particular point of view has stressed the
difficulty of the clinician who feels an abnormality on the breast
examination and the need for a physiologic test to help him/her
determine what is the best course of action to protect the
patient�s health interests. About Lifeline Biotechnologies, Inc:
Lifeline Biotechnologies, Inc. is an innovative medical technology
company that is focused on completing the development of the First
Warning System�, which is designed to assist in the early detection
of breast cancer. Of the approximately $138 billion spent on cancer
each year, Lifeline could potentially save the healthcare industry
billions of dollars annually, assuming the following are
successfully completed: Clinical trials (if required) and filing
and receiving a 510(k) from the FDA, and the product is
successfully established in the marketplace. Lifeline competes in
the money markets for funds to support the development of its
product. The cost of funds, for early stage companies like
Lifeline, are expensive and the terms have been, and may continue
to be, dilutive. www.lbti.com Safe Harbor: This release includes
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933 and Section 27E of the Securities Act of
1934. Statements contained in this release that are not historical
facts may be deemed to be forward-looking statements. Investors are
cautioned that forward-looking statements are inherently uncertain.
Actual performance and results may differ materially from that
projected or suggested herein due to certain risks and
uncertainties including, without limitation, ability to obtain
financing, successful development of the Company�s product and
regulatory and shareholder approval for anticipated actions.
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