FREDERICK, Md., Feb. 9 /PRNewswire-FirstCall/ -- BioElectronics Corporation, , announced today that it is the proud recipient of the Frederick County Incubator Company of the Year Award presented at the annual award event sponsored by the Tech Council of Maryland. The annual awards dinner provides the Tech Council of Maryland and its sponsors the opportunity to recognize the superior achievements of Frederick County’s local advanced technology and biotechnology industry. Andrew Whelan, President and CEO of BioElectronics, said, “We are extremely proud and pleased to be honored this way especially considering the high caliber of both our fellow incubator companies and the team behind the Frederick Innovative Technology Center, Inc.”
“BioElectronics Corporation has shown tremendous progress within its first year of operation here at FITCI and we are extremely proud to have them as one of our tenants,” said Michael J. Dailey, Executive Director of the Frederick Innovative Technology Center, Inc. (FITCI), Frederick County’s first business incubator.
About BioElectronics Corporation:
BioElectronics is the maker of ActiPatch(TM), a drug-free anti- inflammatory patch with an embedded battery operated microchip that delivers weeks of continuous pulsed therapy for less than a dollar a day. The unique ActiPatch delivery system, using patented technology, provides a cost- effective, patient friendly method to reduce soft tissue pain and swelling.
For more information visit http://www.bioelectronicscorp.com
About Frederick Innovative Technology Center, Inc. (FITCI)
FITCI is Frederick County’s first business incubator and the 20th in the State of Maryland. It was created to encourage technological innovation and accelerate the development of commercially viable technology-based business within Frederick County. FITCI’s entrepreneur support programs together with its completely furnished executive offices and fully equipped bio-technology laboratories for emerging information technology and bio-technology companies are designed to assist Frederick County start-up companies to grow and prosper.
Safe Harbor Statement:
This news release contains forward-looking statements related to future growth and earnings opportunities. Such statements are based upon certain assumptions and assessments made by management of both companies in light of current conditions, expected future developments and other factors it believes to be appropriate. Actual results may differ as a result of factors over which the companies have no control.
BioElectronics Corporation
CONTACT: Andrew J. Whelan, President & CEO, or Thomas O’Connor, EVPOperations & COO, of BioElectronics Corporation, +1-301-644-3906, Fax:+1-301-644-3939, info@bioelectronicscorp.com
Web site: http://www.bioelectronicscorp.com/
