Advanced Medical Isotopes Corporation Update on IPP Project in Ukraine

KENNEWICK, Wash., Dec. 27, 2007 (PRIME NEWSWIRE) -- Advanced Medical Isotope Corporation of Kennewick, Wash. (AMIC) (Pink Sheets:ADMD) anticipates imminent formal approval from the United States Industrial Coalition Inc. for a Global Initiatives for Proliferation Prevention (IPP) project. This project is to develop and commercialize the innovative Alternative Method for Producing Medical Isotopes (AMP-MI) technology. During the two-year project, a neutron machine technology for the production of select medical isotopes will be designed, tested, demonstrated, and expected to be brought to commercial production. This innovative isotope production method is based on the AMP-MI technology currently under development at the Kharkiv Institute of Physics and Technology in Ukraine for producing a high neutron flux combined with an advanced target design.

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