KENNEWICK, Wash., Aug. 1, 2008 (PRIME NEWSWIRE) -- Advanced Medical Isotope Corporation (“AMIC”) (Pink Sheets: ADMD) (http:www.isotopeworld.com) announced that it is preparing to file a registration statement on Form 10 with the Securities and Exchange Commission (“SEC”). Advanced Medical recently completed an audit of its financial statements and has engaged Sichenzia Ross Friedman Ference (“SRFF”) to prepare its Form 10. After the Form 10 is filed and becomes effective, AMIC will become a public reporting company and will be required to file annual, quarterly and current reports as well as other information with the SEC.