VMT Scientific, Inc. Announces the Formation of an Official Medical Advisory Board
30 November 2005 - 10:00PM
PR Newswire (US)
LAS VEGAS, Nov. 30 /PRNewswire-FirstCall/ -- VMT Scientific Inc.
(OTC:VMTF.PK) After extensive meetings and discussions with the
board of directors, it was adopted on November 29, 2005 that VMT
Scientific, Inc., will form a fully funded official Medical
Advisory Board made up of some of the nation's top medical doctors
and researchers in their applied fields. VMT Scientific will seek
out these professionals to oversee the planned FDA approved
clinical trials and to advise on its new model testing and
development. Bowing to public and professional pressure to
accelerate the medical testing phase of this technology, VMT
Scientific feels it prudent to move ahead with this step at this
time. This Press Release contains forward-looking statements within
the meaning of the "safe harbor" provisions of the Private
Securities Litigation Reform Act of 1995. You should not place
undue reliance on these forward-looking statements. These
statements involve risks and uncertainties that could cause actual
results to differ materially from those suggested in the forward-
looking statements, particularly those risks and uncertainties
inherent in the process of developing, medical products and
Clinical trials. Factors that may cause such a difference include
risks related to VMT Scientific Inc.'s limited operating history,
risks associated with completing development and obtaining FDA
medical approvals, successful patent protection and prosecution,
successful sale of licensed technology nationally or
internationally. VMT Scientific technology will not meet with
market acceptance, the risk of future warranty and product
liability claims, the uncertainty of VMT Scientifics' future access
to capital to sustain operations, achieve profitability or continue
as a going concern, the failure by VMT Scientific to secure and
maintain relationships with suppliers, manufacturers and other
third parties, reliance on key employees, and dependence on
intellectual property. These forward-looking statements are based
on information and management's expectations as of the date hereof.
Future results may differ materially from our current expectations.
DATASOURCE: VMT Scientific, Inc. CONTACT: Catherine S. Ratelle,
Director of Operations, VMT Scientific, Inc., +1-702-990-3477 Web
site: http://www.vmtf.org/
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