Longport, Inc. Files Extension for Third Quarter Financial Results
November 15 2005 - 3:10PM
Business Wire
Longport, Inc. (OTC BB: LPTI), a medical technology specialist in
high resolution ultrasound imaging, today announced that it will
file a Form 12b-25 with the Securities and Exchange Commission to
extend the deadline for filing its Form 10-QSB for the third
quarter ended September 30, 2005. The Company requires additional
time to finalize its financial statements and expects to file its
third quarter financial results before the expiration of the
extended filing deadline. About Longport, Inc. Longport, Inc. of
Glen Mills, Pennsylvania, is a medical technology company that
specializes in high resolution ultrasound imaging. After several
years and a multi-million dollar investment in the technology,
Longport has secured patents, copyrights, and FDA permission to
market. The Company's technology has been used to engineer a unique
high resolution ultrasound imaging system. For further information
please contact Longport, Inc. at 1-800-289-6863 or visit our
website at www.longportinc.com. Forward-looking Information and the
Private Securities Litigation Reform Act of 1995 Certain statements
in this press release, including statements concerning product
development milestones and anticipated events, are "forward-looking
statements" within the Private Litigation Reform Act of 1995.
Forward Looking Statements are based on the opinions and estimates
of management at the time the statements are made and are subject
to certain risks and uncertainties that could cause actual results
to differ materially from those anticipated in the forward-looking
statements. The words "believe," "expect," "intend," "anticipate,"
variations of such words, and similar expressions identify
forward-looking statements, but their absence does not mean that
the statement is not forward-looking. These statements are not
guarantees of future performance and are subject to certain risks,
uncertainties and assumptions that are difficult to predict.
Factors that could affect Longport's actual results include, among
others, uncertainties as to the Company's ability to manage
potential problems, delays or anticipated expenses, including
problems, delays or expenses involving manufacturing. Readers are
cautioned not to place undue reliance upon these forward-looking
statements that speak only to the date of this release. Reference
is made to Longport's 2004 annual report on Form 10-K filed with
the Securities and Exchange Commission for a more definitive
description of such factors. Longport, Inc. undertakes no
obligation to update publicly any forward-looking statements to
reflect new information, events or circumstances after the date of
this release or to reflect the occurrence of unanticipated events.
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