BOCA RATON, FL--(Marketwire - January 07, 2009) - Vicor Technologies, Inc. today announced that David Fater, its president and CEO, is presently featured in an online audio interview at www.CEORoadshow.com. Vicor Technologies, Inc. (OTCBB: VCRT) is a development-stage biotechnology company focused on the commercialization of innovative non-invasive diagnostics using its patented, proprietary PD2i algorithm.
In the interview, Mr. Fater shares news of Vicor’s recent receipt of FDA 510(k) approval to market its PD2i Analyzer, the company’s plans to commercialize the PD2i Analyzer, the status of clinical trials in collaboration with the U.S. Army for its PD2i VS (Vital Sign) to risk stratify trauma victims, and the status of clinical trials for its PD2i CA (Cardiac Analyzer) which identifies patients at risk of suffering sudden cardiac death.
“The non-invasive technology underlying all Vicor diagnostics is our patented, proprietary PD2i algorithm. The point correlation dimension algorithm -- PD2i -- is a deterministic, non-linear measure that analyzes ECG data to risk stratify target populations as to future life threatening or fatal event,” stated Mr. Fater. “The PD2i has already proven accurate in identifying those in need of immediate life saving intervention and those at risk of sudden cardiac death within a six to 12 month time frame. We anticipate additional applications employing the PD2i to enable early detection and risk stratification for a variety of other disorders and diseases,” Mr. Fater continued. “During the past 12 months, we’ve made significant strides toward implementing our strategic plan and are pleased to have this opportunity to share our accomplishments with CEORoadshow,” Mr. Fater concluded.
CEORoadshow.com, a multimedia platform and website powered by Interactive Entertainment Group Inc., is the leading online destination for original and syndicated streaming broadcast interviews of CEOs, CFOs, and analysts of publicly traded companies on the NYSE, AMEX, Nasdaq, and other exchanges. All CEORoadshow programming and news is copyrighted and distributed to millions of on-line investors and more than 300 financial web sites, as well as thousands of buy side analysts, hedge funds, and investment banking institutions.
About Vicor Technologies, Inc.
Vicor is a development-stage biotechnology company creating innovative diagnostics employing its patented, proprietary point correlation dimension algorithm (PD2i.) The PD2i is a deterministic, non-linear measure that analyzes electrophysiological potentials to predict future pathological events with high accuracy in target populations.
Vicor currently has three products employing the PD2i algorithm. The PD2i Analyzer, now in commercialization, measures heart rate variability. The PD2i VS (Vital Sign), in clinical trials under a collaborative effort with the U.S. Army Institute for Surgical Research (http://www.usaisr.amedd.army.mil/), risk stratifies combat and civilian trauma victims. The PD2i CA (Cardiac Analyzer), in a multi-site, multi-year trial (the VITAL Trial) being conducted by the Harvard Clinical Research Institute, identifies patients at risk of suffering sudden cardiac death.
Vicor anticipates additional applications employing the PD2i to enable early detection and risk stratification for a variety of other disorders and diseases. Additional information is available at www.vicortech.com.
The appearance of name-brand institutions or products in this media release does not constitute endorsement by the U.S. Army Medical Research and Materiel Command, the Department of the Army, Department of Defense or the U.S. Government of the information, products or services contained therein.
Caution Regarding Forward-Looking Statements
Forward-looking statements in this press release are based on current plans and expectations that are subject to uncertainties and risks, which could cause our future results to differ materially. The following factors, among others, could cause our actual results to differ: our ability to obtain FDA approval of the PD2i VS for military and civilian applications and the PD2i Cardiac Analyzer, our ability continue to receive financing sufficient to continue operations and complete the critical clinical trials; our ability to continue as a going concern; our ability to successfully develop products based on our technologies; our ability to obtain and maintain adequate levels of third-party reimbursement for our products; the impact of competitive products and pricing; our ability to receive regulatory approval for our products; the ability of third-party contract research organizations to perform preclinical testing and clinical trials for our technologies; the ability of third-party manufacturers to manufacture our products; our ability to retain the services of our key personnel; our ability to market and sell our products successfully; our ability to protect our intellectual property; product liability; changes in federal income tax laws and regulations; general market conditions in the medical device and pharmaceutical industries; and other matters that are described in Vicor’s Annual Report on Form 10-KSB for the fiscal year ended December 31, 2007 and subsequent filings with the Securities and Exchange Commission. Forward-looking statements in this press release speak only as of the date of the press release, and we assume no obligation to update forward-looking statements or the reasons why actual results could differ.
Release 09-02
CONTACT:
Robin Schoen
Robin Schoen Public Relations
215.504.2122
schoenpr@comcast.net