WayPoint Biomedical Holdings, Inc. CEO Discusses Recent Temporary Share Trading Suspension Resulting From July 2006 Unsolicited
March 13 2007 - 4:46PM
PR Newswire (US)
HUNTINGTON BEACH, Calif., March 13 /PRNewswire-FirstCall/ --
WayPoint Biomedical Holdings, Inc. (OTC:WYPH) CEO, Mr. Steven Fox,
will address the temporary ten day suspension of their share
trading by the SEC. The live Market News First IPTV show will allow
Mr. Fox to tell WayPoint's side of the story related to the recent
suspension. WayPoint has already contacted and stated their
position to the SEC, where WayPoint denies any and all involvement
with the July 2006 Stock spamming incident that is the alleged
cause of the suspension. During the show Mr. Fox will discuss
WayPoint's Company position related to the suspension and time will
be provided for viewer call-in questions directed toward Mr. Fox
and WayPoint. Saul Albom and Steve Kanaval from Market News First
will moderate the half hour show called "Inside The Trades," which
will be held on March 13, 2007 at 4:00 PM Central time and can be
viewed by going to http://www.mnl.com/ . About WayPoint Biomedical
Holdings, Inc.: WayPoint Biomedical Holdings, Inc. (OTC:WYPH), is a
pioneering new biomedical technology firm, specializing in tests
and devices for screening and monitoring human health, wellness,
fitness and environment. The Company's develops and markets a
unique array of cutting-edge products, which includes their Health
Essist(R) Hangover-Free Topical Patch for the Convenience Store
market and their OTC approved Health Essist Drugs-of-Abuse product
range. WayPoint's tests offer both a preliminary diagnostic screen
to specific conditions, along with a future path for consumers,
medical providers, and first responders to follow regarding their
health status or environmental condition. WayPoint's unique and
affordable home-based and on-site tests are focused on detecting
the cause of a disease or pathogen, as opposed to determining the
symptom; becoming a part of the solution to help reverse the
escalating cost of Healthcare. The Company's primary target sectors
are the Over the Counter (OTC) Wellness & Self-Testing Market,
the Diagnostic Point of Care (POC) Testing Market, two of the
fastest growing areas in all of diagnostic medicine and science.
For more information on WayPoint Biomedical and their product range
visit http://www.waypointbiomedical.com/ ,
http://www.healthessist.com/ , http://www.drinkdetectiveusa.com/ .
Included in this release are certain "forward-looking" statements,
involving risks and uncertainties, which are covered by the safe
harbor provisions of the Private Securities Litigation Reform Act
of 1995, including statements regarding WayPoint's performance.
Such statements are based on management's current expectations and
are subject to certain factors, risks and uncertainties that may
cause actual results, events and performance to differ materially
from those referred to or implied by such statements. In addition,
actual future results may differ materially from those anticipated,
depending on a variety of factors, including continued maintenance
of favorable license arrangements, success of market research
identifying new product opportunities, successful introduction of
new products, continued product innovation, the success of
enhancements to WayPoint's brand image, sales and earnings growth,
ability to attract and retain key personnel, and general economic
conditions affecting consumer spending, including uncertainties
relating to global political conditions, such as terrorism. Readers
are cautioned not to place undue reliance on these forward-looking
statements, which speak only as of the date hereof. WayPoint
Biomedical does not intend to update any of the forward-looking
statements after the date of this release to conform these
statements to actual results or to changes in its expectations,
except as may be required by law. Investor Relations: Steven Fox,
714-848-3200 E-mail: DATASOURCE: WayPoint Biomedical Holdings, Inc.
CONTACT: Investors, Steven Fox, +1-714-848-3200, , for WayPoint
Biomedical Holdings, Inc. Web site: http://www.healthessist.com/
Web site: http://www.drinkdetectiveusa.com/ Web site:
http://www.mnl.com/ Web site: http://www.waypointbiomedical.com/
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