VMT Scientific, Inc. Announces Upper Extremity Prototype
December 02 2005 - 8:53AM
PR Newswire (US)
LAS VEGAS, Dec. 2 /PRNewswire-FirstCall/ -- VMT Scientific, Inc.
(OTC:VMTF) announces accomplishment of its first step in its
accelerated time line to meet public and professional pressure in
maturing our technology. We are proud to announce that a prototype
of the hand unit has been developed and available for POC (Proof of
Concept) testing. "Though these prototypes are rudimentary, they
are more then sufficient to help establish the base line concept
efficacy," says VMT's CTO. We look forward to the delivery of
several of these units to our PI (Principle Investigator) Dr.
Jacques D. Barth, MD, PhD, FACC, FAHA for his personal inspection.
We encourage everyone to visit our web site at http://www.vmtf.org/
to see more details on our technology. This Press Release contains
forward-looking statements within the meaning of the "safe harbor"
provisions of the Private Securities Litigation Reform Act of 1995.
You should not place undue reliance on these forward-looking
statements. These statements involve risks and uncertainties that
could cause actual results to differ materially from those
suggested in the forward- looking statements, particularly those
risks and uncertainties inherent in the process of developing,
medical products and Clinical trials. Factors that may cause such a
difference include risks related to VMT Scientific Inc.'s limited
operating history, risks associated with completing development and
obtaining FDA medical approvals, successful patent protection and
prosecution, successful sale of licensed technology nationally or
internationally. VMT Scientific technology will not meet with
market acceptance, the risk of future warranty and product
liability claims, the uncertainty of VMT Scientifics' future access
to capital to sustain operations, achieve profitability or continue
as a going concern, the failure by VMT Scientific to secure and
maintain relationships with suppliers, manufacturers and other
third parties, reliance on key employees, and dependence on
intellectual property. These forward-looking statements are based
on information and management's expectations as of the date hereof.
Future results may differ materially from our current expectations.
DATASOURCE: VMT Scientific, Inc. CONTACT: Catherine S. Ratelle,
Director of Operations of VMT Scientific, Inc., +1-702-990-3477 Web
site: http://www.vmtf.org/
Copyright