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VMT Scientific Inc. (VMTF.PK) Announces Follow Up To Potential Pre-Licensing Agreements


12/12/2005 12:18:20 PM

LAS VEGAS, Dec. 9 /PRNewswire-FirstCall/ -- VMT Scientific, Inc. 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.

VMT Scientific, Inc.

CONTACT: Catherine S. Ratelle, Director of Operations of VMT Scientific,Inc., +1-702-990-3477


Read at BioSpace.com


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