MedMira Announces New Board Member and Grant of Stock Options
October 17 2005 - 3:20PM
PR Newswire (US)
Nova Scotia Business Leader Joins Board of Directors HALIFAX, Oct.
17 /PRNewswire-FirstCall/ -- MedMira Inc., ("MedMira") (TSX
Venture: MIR, NASDAQ: MMIRF) a global market leader in flow-through
rapid diagnostic tests, announced today that Nova Scotia business
woman, Maureen Millier has been appointed to the MedMira Board of
Directors. Maureen Millier is the founder, president and CEO of
Talentworks Inc., a regional search firm based in Halifax, Nova
Scotia. She has over 20 years experience in the local, national,
and international recruitment market and has worked at various
levels of the recruitment industry, from business owner to regional
manager to senior vice-president of a global recruitment
organization. Maureen's experience and accomplishments have been
recognized in various ways including Canada's Top 40 Under 40(TM)
award. "I am happy be a part of this team," said Ms. Millier. "I am
looking forward to bringing my experience to the table." The
Company also announced that on October 15, 2005 the Board of
Directors granted 200,000 stock options to an independent member of
the Board of Directors, in connection with a consulting services
agreement. The options have an exercise price of $0.59 per share
and are exercisable for a period of two years. The grant of options
and the appointment of Ms. Millier to the Board of Directors are
subject to the approval of the TSX Venture Exchange. About MedMira
MedMira is the leading global manufacturer and marketer of in vitro
flow- through rapid diagnostic tests. MedMira's tests provide
reliable, rapid diagnosis in just 3 minutes for the detection of
human antibodies in human serum, plasma or whole blood for diseases
such as HIV and hepatitis C. The United States FDA and the SFDA in
the People's Republic of China have approved MedMira's Reveal(TM)
G2 and MiraWell(R) rapid HIV tests, respectively. MedMira's
Reveal(TM) G2 and MiraWell(R) rapid HIV tests are currently used in
clinical laboratories, hospitals, and clinics where professional
counselling and patient treatment are immediately available. The
MiraCare(TM) Rapid HIV Antibody Test, MedMira's over-the-counter
(OTC) product, is available in pharmacies throughout Hong Kong and
Macao Special Administrative Regions, in the People's Republic of
China. MedMira delivers rapid diagnostic solutions to healthcare
communities around the globe. Its corporate offices and
manufacturing facilities are located in Halifax, Nova Scotia,
Canada with a representative office in Beijing, China. This news
release contains forward-looking statements, which involve risk and
uncertainties and reflect the company's current expectation
regarding future events. Actual events could materially differ from
those projected herein and depend on a number of factors including,
but not limited to, changing market conditions, successful and
timely completion of clinical studies, uncertainties related to the
regulatory approval process, establishment of corporate alliances
and other risks detailed from time to time in the company quarterly
filings. The TSX Venture Exchange has not reviewed and does not
accept responsibility for the adequacy or accuracy of this
statement. For more information visit MedMira's website at
http://www.medmira.com/. DATASOURCE: MedMira Inc. CONTACT: Dr.
James Smith, Investor Relations, Tel: (902) 450-1588, E-mail: ;
Andrea Young, Corporate Communications, Tel. (902) 450-1588, Email:
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