Financial and Operations Veteran Joins Dermisonics Board of Directors
27 März 2006 - 4:30PM
PR Newswire (US)
IRVINE, Calif., March 27 /PRNewswire-FirstCall/ -- Dermisonics,
Inc. (OTC:DMSI.OB) (BULLETIN BOARD: DMSI.OB) , a pioneer in the
development of painless injection-free ultrasonic transdermal
drug-delivery technologies with broad pharmaceutical and consumer
applications, announced today that it had appointed Grant Atkins to
its Board of Directors. Mr. Atkins, currently President and
Director Lexington Resources, Inc., an oil and gas exploration and
development company, has a fifteen-year entrepreneurial record of
success with extensive multi-industry credentials in the fields of
finance, administration and business development. His previous
industry experience includes: -- Biotech cancer immunotherapy
(GeneMax Corp.), President -- Mining and exploration in China
(Vega-Atlantic Corporation), President -- Electronic Data
Processing (Transax International Limited), President, and -- A
$200 million (CDN funds) radio and tri-service dispatch initiative
and deployment of Canadian federal, provincial and municipal
shareholders as interim Chief Financial Officer of Emergency
Communications for Southwest British Columbia ("E-Comm"). Mr.
Atkins has extensive public company governance and operational
experience handling all aspects relating to public company finance
and administration including SEC filings, registration statements,
financial statement preparation, audit liaison, audit and ethics
committee operation, proxy statement and annual meeting, business
planning, cash flow controls, Sarbanes Oxley compliance, trading
dynamics, and investor relations. He is a Graduate of University of
British Columbia with a Bachelors of Commerce Degree. Bruce
Haglund, CEO of Dermisonics, commented, "Grant's extensive
financial and operations experience at the most senior management
levels coupled with his entrepreneurial mindset will be a major
asset in our drive to exploit the rich applications potential of
Dermisonic's technology in the drug, cosmetic and antiseptic
industries." About Dermisonics, Inc. -- Dermisonics is an
intellectual property company and advanced technology incubator
that is primarily focused on developing and marketing its
transdermal and subdermal technologies for applications in the drug
(U-Strip), skin care (U-Wand), and antiseptic (A-Wand) fields. Its
breakthrough system, called the U-Strip, facilitates the efficient
and needle-free delivery of drugs with large molecular structures
into the bloodstream. This system is based on a radical integration
of microelectronics and ultrasonic science with a product-carrying
patch and represents a quantum leap in non-invasive, transdermal
delivery technology. Tests have shown that the U-Strip facilitates
the transdermal delivery of Insulin as well as potentially at least
175 other existing drugs through the pores of the skin.
Conventionally available transdermal technology cannot effectively
deliver these drugs due to their large molecular size. The Company
has also developed major line extensions for applications in the
medical (Antiseptic Wand) and skin care (U-Wand) fields. For
further information contact Bruce Haglund, CEO. Dermisonics, Inc.
Jamboree Center 2 Park Plaza, Suite 450 Irvine, California 92614
888-401-DERM (3376) Toll Free 949-733-1101 Phone 949-266-8426 Fax
Web site: http://www.dermisonics.com/ North American Investor
Relations Contact: Brent Pierce, International Marketing Trend,
Inc. Phone: 877-676-4447 European Investor Relations Contact:
Michael Drepper Phone: +49-621-430-6130 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: Bruce Haglund, CEO, Toll Free, 1-888-401-DERM (3376),
or +1-949-733-1101, or fax, +1-949-266-8426, or , or Europe,
Michael Drepper, +49-621-430-6130, or , both of Dermisonics, Inc.;
or Brent Pierce of International Marketing Trend, Inc.,
1-877-676-4447, or , for Dermisonics, Inc. Web site:
http://www.dermisonics.com/
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