VMT Scientific, Inc. Announces Follow Up to Potential Pre-Licensing Agreements
December 09 2005 - 9:51AM
PR Newswire (US)
LAS VEGAS, Dec. 9 /PRNewswire-FirstCall/ -- VMT Scientific, Inc.
(OTC:VMTF) announces a further follow up on its DEC 2 press
release. Wherein it was stated "We are hoping that this will lead
us to potential PRE-LICENSING NEGOTIATIONS, joint venturing and/or
additional Technology development of new applications for our
patented technology." "Well it has begun," says Mr. Kaiser, Chief
Technical Officer. "We have been privately contacted by several
large medical research centers requesting information and offering
possible support for our project. We are also in preliminary stages
of negotiations with several major medical services and/or supply
companies and have even drawn some powerful international
governmental attention. Again, we request that all visit our new
web site at http://www.vmtf.org/." 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/
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