Dermisonics Signs Swiss Financial Advisory Affiliate 'IMT'
17 März 2006 - 2:30PM
PR Newswire (US)
Alliance Seen as Critical in Drive to Redefine $19 Billion Drug
Delivery Market IRVINE, Calif., March 17 /PRNewswire-FirstCall/ --
Dermisonics, Inc. (OTC:DMSI.OB) (BULLETIN BOARD: DMSI.OB) , a
pioneer in the development of ultrasonic transdermal drug-delivery
technologies, announced today that the Company has signed a
one-year contract with International Market Trend, Inc. ("IMT"), an
affiliate of International Market Trend AG of Zurich, Switzerland.
IMT will act as financial advisor to Dermisonics in a few areas
deemed important to corporate performance and enhanced shareholder
values including investment banking, institutional market
development through the introduction of Dermisonics to
international fund managers, and public relations focused on the
expansion of media coverage of corporate achievements. In
consideration for this service, IMT will receive 400,000 common
shares of Dermisonics, which will be restricted from trading
pursuant to Rule 144. Bruce Haglund, CEO of Dermisonics commented,
"We are very pleased to announce this strategic alliance with IMT.
Having reviewed a number of candidates in this field, it quickly
became apparent that IMT, with its strong North American and
European institutional connections, had the credibility and
performance record to advance our position in the international
financial community and strengthen shareholder value. We are
convinced that IMT's experience will be a major help in our drive
to redefine the future of the $19 billion dollar drug delivery
market." About Dermisonics, Inc. -- Dermisonics is an intellectual
property company and advanced technology incubator that is
primarily focused on the ongoing development, testing and eventual
commercialization of its active transdermal patch, called the
U-Strip, that has been designed to facilitate the efficient and
needle-free delivery of drugs with large molecular structures such
as Insulin into the bloodstream. The Company has also developed
other portable ultrasonic systems for applications in the medical
(Antiseptic Wand) and skin care (U-Wand) fields. For further
information contact Bruce Haglund, CEO. Dermisonics, Inc. 2 Park
Plaza, Suite 450, Irvine, California 92614 U.S.A. 888-401-DERM
(3376) Toll Free 949-733-1101 Phone 949-266-8426 Fax For additional
information, please visit http://www.dermisonics.com/ Legal Notice
Regarding Forward-Looking Statements This release contains
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933 and Section 21E of the Securities Exchange
Act of 1934 that are based upon current expectations or beliefs, as
well as a number of assumptions about future events. Although the
Company believes that the expectations reflected in the
forward-looking statements and the assumptions upon which they are
based are reasonable, it can give no assurance that such
expectations and assumptions will prove to have been correct. The
reader is cautioned not to put undue reliance on these forward-
looking statements, as these statements are subject to numerous
factors and uncertainties, including but not limited to adverse
economic conditions, intense competition, lack of meaningful
research results, entry of new competitors and products, adverse
federal, state and local government regulation, inadequate capital,
unexpected costs and operating deficits, increases in general and
administrative costs, termination of contracts or agreements,
technological obsolescence of the Company's products, technical
problems with the Company's research and products, price increases
for supplies and components, litigation and administrative
proceedings involving the Company, the possible acquisition of new
businesses or that result in operating losses or that do not
perform as anticipated, unanticipated losses, the possible
fluctuation and volatility of the Company's operating results,
financial condition and stock price, losses incurred in litigating
and settling cases, dilution in the Company's ownership of its
business, adverse publicity and news coverage, inability to carry
out research, development and commercialization plans, loss or
retirement of key executives and research scientists, changes in
interest rates, inflationary factors, and other specific risks. In
addition, other factors that could cause actual results to differ
materially are discussed in the Company's most recent Form 10-QSB
and Form 10-KSB filings with the Securities and Exchange
Commission. DATASOURCE: Dermisonics, Inc. CONTACT: 888-401-DERM
(3376) Toll Free, or +1-949-733-1101, or fax, +1-949-266-8426, or
Bruce Haglund, CEO of Dermisonics, Inc., Web site:
http://www.dermisonics.com/
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