KENNEWICK, Wash., March 16, 2009 (GLOBE NEWSWIRE) -- Advanced Medical Isotope Corporation ("AMIC") (Pink Sheets:ADMD)(http://www.isotopeworld.com), a company engaged in the production and distribution of medical isotopes, announced today that one of its directors, Carl Cadwell, converted 95,000 shares of AMIC's Series A Preferred Stock into 10,857,142 shares of the Company's common stock.