Medical Services' Contacts in S.E. Asia Continue to Demonstrate Their Value

EDMONTON, Alberta, Sept. 15 /PRNewswire-FirstCall/ -- Medical Services International Inc. has previously announced that as a result of its excellent contacts in S.E. Asia that it had secured three different marketing contracts that enable companies seeking an introduction into China an opportunity to market their technology in China or source reasonably priced products for the North American market without the significant time and capital commitments that would normally be associated with an entrance into China. These contracts are providing the Company with first year revenues of at least US$100,000 per company in the first year.

The Company has been contacted and is in negotiation with several other companies to provide the same opportunities for access into China. It is reasonable to anticipate that Medical Services will sign marketing agreements with at least two additional companies by the end of the year. Should this happen, it is anticipated that all of the marketing contracts will supply the company in excess of US$400,000.00 in revenue that is in addition to the operating revenues of the company. The Nutmeg Group has been very instrumental in helping the company with this marketing program.

The Company continues to manufactures and sell its VScan rapid test kits. The Company is shipping test kits every week. At this time the company has received such a demand for its test kits that all kits currently being manufactured have been sold in advance.

About VScan

The VScan rapid test kit is a single use, disposable, accurate, cost effective, easy to use. test for the screening of HIV1&2, Hepatitis B&C, Tuberculosis (TB), Dengue Fever, West Nile, Syphilis, Malaria and Prostate Cancer. The kits cannot be used in Canada.

Medical Services International Inc. trades in the United States on the NQB Pinksheets under the symbol "MSITF". For further information, please contact Robert Talbot at (780) 430 6363 or Bill Whitehead Jr. at (416) 822 5883 or http://www.medicalservicesintl.com or http://www.minerva-biotech.com .

NOTE: Certain statements in this press release are "forward-looking statements" within the meaning of the Private Securities Act of 1995. Such statements involve known and unknown risks, uncertainties and other factors that may cause results to differ materially. Such risks, uncertainties and other factors include but are not limited to new economic conditions, risk in product development, market acceptance of new products and continuing product demand, level of competition and other factors described in Company reports and other filings with regulatory bodies.

Medical Services International Inc.

CONTACT: Robert Talbot, +1-780-430-6363, or. Bill Whitehead Jr. at+1-416-822-5883, both for Medical Services International Inc.

Back to news