Lancer Files Form 15 With the SEC SAN MARCOS, Calif., Jan. 13 /PRNewswire-FirstCall/ -- Lancer Orthodontics, Inc. (OTC:LANZ) (BULLETIN BOARD: LANZ) announced today that the Company has filed Form 15 with the Securities and Exchange Commission (SEC), suspending Lancer's duty to file reports under Section 13 and 15(d) of the SEC Act of 1944. As such, Lancer will no longer be required to file public financial reports such as SEC Forms 10-Q, 10-K, 8-K, and Proxy Statements. Further, it is expected that Lancer's common Stock will no longer be traded on the NASD Over the Counter Bulletin Board System. It is possible that the stock will continue to trade on the Pink Sheet Electronic Trading System if one or more of Lancer's market makers elect to continue to make a market in the stock. Allen Barbieri, Lancer's CEO stated, "Although Lancer only has approximately 265 Shareholders of Record, as a reporting company we must still devote a material amount of time, effort and financial resources to produce and file SEC reports, and comply with existing and proposed regulations. Lancer's Board feels that all shareholders would be better served if Lancer were to redirect these resources toward growing revenues and earnings." "Lancer is seeing positive results from investments over the past three years directed at improving our manufacturing and distribution processes, and our management information systems. We are also seeing increased sales from a more technologically advanced and broader product line that we have recently developed. Lancer will continue to invest a material portion of its resources in new products that we expect to launch over the next 12 months. We have great expectations in the revenue potential of these new products." The Company will issue press releases from time to time, updating shareholders as significant events occur at Lancer. Lancer Orthodontics (OTC:LANZ) (BULLETIN BOARD: LANZ) Lancer Orthodontic (http://www.lancerortho.com/) develops, manufactures and markets over 5000 different state-of-the-art orthodontic products worldwide. The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. Certain information included in this press release (as well as information included in oral statements or other written statements made or to be made by Lancer Orthodontics) contains statements that are forward-looking; such as statements relating to intended launch dates, sales potential, significant benefits, market size, growth of business, favorable positions, expansion, expected orders, leading market positions, anticipated future revenues or production volume of the company, success of product and new product offerings. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future, and accordingly, such results may differ materially from those expressed in any forward-looking statements made by or on behalf of Lancer. The potential risks and uncertainties include, among others, fluctuations in the Company's operating results due to its business model and expansion plans, downturns in international and or national economies, the Company's ability to raise additional capital, the competitive environment in which the Company will be competing, and the Company's dependence on strategic relationships. The Company is under no obligation to update any forward-looking statements after the date of this release. Contact: Allen Barbieri -- CEO 760-744-5585 Zack Irani -- Chairman 949-645-2111 DATASOURCE: Lancer Orthodontics, Inc. CONTACT: Allen Barbieri, CEO, +1-760-744-5585, or Zack Irani, Chairman, +1-949-645-2111, both of Lancer Orthodontics, Inc. Web site: http://www.lancerortho.com/

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