Medical Services Signs Multimillion Dollar Sales Contract
May 30 2007 - 6:37PM
PR Newswire (US)
EDMONTON, Alberta, May 30 /PRNewswire-FirstCall/ -- Medical
Services International Inc. (Pink Sheets: MSITF) signed a sales
contract that will generate in excess of 2 Million US in cashflow
over the next year. The key part of this contract is that the
payment terms for product are acceptable to the Company's bankers.
In dealing with Companies from under-developed countries, payment
terms for products often become the biggest sales issue. The funds
will be used to expand the distribution network and develop an
aggressive marketing plan for existing products and new products
that have been developed and are available for the market. The
company continues to sell product in Southeast Asia, Africa and
Eastern Europe. The Company gets requests every week from companies
wishing to act as distributors of the VScan products. Test
marketing of the new products shows that there will be a
significant demand for them. About VScan The VScan rapid test kit
is a single use, easy to use, test for the screening of HIV
1&2, Hepatitis B&C, Tuberculosis (TB), Dengue Fever,
Malaria, West Nile, Syphilis and Prostate Cancer. The kits cannot
be sold in Canada. Medical Services International Inc. trades in
the United States on the NQB Pinksheets under the symbol "MSITF".
For further information, please contact Robert Talbot at (780) 430
6363 or http://www.medicalservicesintl.com/ or
http://www.minerva-biotech.com/. NOTE: Certain statements in this
press release are "forward-looking statements" within the meaning
of the Private Securities Act of 1995. Such statements involve
known and unknown risks, uncertainties and other factors that may
cause results to differ materially. Such risks, uncertainties and
other factors include but are not limited to new economic
conditions, risk in product development, market acceptance of new
products and continuing product demand, level of competition and
other factors described in company reports and other filings with
regulatory bodies. DATASOURCE: Medical Services International Inc.
CONTACT: Robert Talbot of Medical Services International Inc.,
+1-780-430-6363 Web site: http://www.medicalservicesintl.com/
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