VANCOUVER, British Columbia, Nov. 21 /PRNewswire-FirstCall/ -- The following was issued today by Robert Kramer, Director, Current Technology Corporation :
During October Current Technology’s (the “Company’s”) exclusive distributor in the Republic of Turkey, Sanomed Medikal Teknoloji Co. (“Sanomed”), hosted a very successful meeting to formally introduce ElectroTrichoGenesis (“ETG”) to the medical community. Sanomed’s principal Mr. Ali Bicken reports expressions of significant interest in ETG by a number of meeting participants.
“Mr. Bicken is pleased with the progress of the sales cycle,” states Company COO Anthony Harrison. “He believes he will be able to close a further four ETGs by the end of this year.”
The Company is shipping another ETG to Sanomed this week, bringing the total number shipped to six since last March. “Clearly Mr. Bicken’s professional approach is bearing fruit. Assuming he meets his objective of four additional sales by year end, he will have purchased 10 ETGs with three months to go in his first year as our distributor,” states CEO Robert Kramer. “We look forward to further defining how we might work more closely together in other markets.”
ABOUT CURRENT TECHNOLOGY CORPORATION
Current Technology Corporation remains committed to developing its non-invasive pulsed electro-stimulation technology. This technology has enabled the company to develop two separate and distinct products emanating from the TrichoGenesis platform, thus far, that offer help for those concerned with their hair: ElectroTrichoGenesis (ETG) and CosmeticTrichoGenesis (CTG). Current Technology holds patents throughout the world and has spent over US $15 million in research and development of its TrichoGenesis platform and systems. The patents encompass the technology, methodology and design of the Company’s products.
The news release contains forward-looking statements concerning the Company’s business operations, and financial performance and condition. When used in the news release the words “believe,” “anticipate,” “intend,” “estimate,” “expect,” “project,” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contains such words. These forward-looking statements are based on current expectations and are naturally subject to uncertainty and changes in circumstances that may cause actual results to differ materially from those expressed or implied by such forward-looking statements. Factors that may cause such differences include but are not limited to technological change, regulatory change, the general health of the economy and competitive factors. Many of these factors are beyond the Company’s control; therefore, future events may vary substantially from what the Company’s currently foresees. You should not place undue reliance on such forward-looking statements.
Current Technology Corporation
CONTACT: Corporate, Robert Kramer of Current Technology Corporation,1-800-661-4247; or Investor Relations, Richard Hannon of PolestarCommunications, 1-866-858-4100, for Current Technology Corporation
Web site: http://www.current-technology.com/
