CHERRY HILL, N.J.--(BUSINESS WIRE)--Mediscience Technology Corp.(MTC) (OTC:MDSC) has agreed to provide $10,000 per month of seed funding beginning October 2, 2006, for a period of up to five months, to equity partner Infotonics Technology Center, Inc. of Rochester New York to accelerate joint progress towards commercialization of (MTC) Optical Biopsy Pill through a "Newco" (NYS) subsidiary of (MTC) . Infotonics will use this initial Funding to hire and assign a full-time Commercialization Program Manage (CTO) to continue and accelerate Infotonics' efforts on behalf on (MTC) to achieve product commercialization success.
