Golden Valley Development, Inc. (Other-OTC: GVDI) (www.goldenvalleydev.com) announces the re-launching of its website including the release of new information regarding the liability protection that the PercuGuard needlestick prevention device affords. PercuGuard has in excess of 1 billion potential annual applications worldwide in the dental and medical industries.

Stated Kevin Sorrels, CEO of Golden Valley: “We are very pleased to announce that more data is being made available to the public regarding PercuGuard and the potential protection from liability this device can represent for dentists and healthcare workers. Dentists and healthcare workers are subject to accidental needlesticks and other ‘sharps’ injuries. If an employer fails to provide adequate protection from such needlesticks, he or she may be subject to OSHA fines. If an employee is injured or otherwise affected by a blood-borne pathogen transmitted through an accidental needlestick that could have been prevented with the PercuGuard device, the employer may be found liable.”

The newly re-launched website includes:

  • Anti-needlestick legislation (Needlestick Safety and Prevention Act,) whereby OSHA requires health care workers’ employers to evaluate products such as Percuguard (once available) for possible implementation, based upon three criteria: safe, effective and cost effective.
  • Regulatory statutes regarding the use of protective equipment to prevent the spread of blood borne pathogens as they pertain to a product such as Percuguard.
  • Research conducted on the industry protocol including a cited publication produced by the PercuGuard team.
  • Product description.
  • Civil Liability implications for the employer and employee for knowing failure to use PercuGuard (once available) in their offices.
  • Market.
  • Advisory Board members.
  • Patents and FDA 510K clearance.
  • Company description.

The website is scheduled for additional updates in the near future.

About Golden Valley Development, Inc.

Golden Valley Development, Inc. is a publicly-traded Clearwater, Florida-based product development and technology licensing company. Through its two wholly-owned subsidiaries, its business plan is to manufacture and market patented products in the health care and home consumer markets, beginning with its first two products, “Cut Stop”TM and “PercuGuard”TM.

Forward-Looking Statements

Portions of this press release contain forward-looking statements and involve risks and uncertainties that could materially affect expected results of operations, liquidity, cash flows and business prospects.

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