Micro Imaging Technology Trades on the Bulletin Board - OTC:BB MMTC
13 Juni 2006 - 11:00AM
Business Wire
Micro Imaging Technology Inc. (OTCBB:MMTC), formerly Electropure
Inc. ("ELTP"), announced that the NASD, effective Friday, June 10,
2006, will quote the company's common stock on the Over-the-Counter
Bulletin Board. About Micro Imaging Technology: The company has
developed and patented a laser-based technology for rapid microbe
detection and identification. The system measures scattered light
intensity as individual microbes pass through a laser beam. The
intensity pattern of the scattered light is a direct consequence of
the size, shape and external and internal optical characteristics
of the microbe. The MIT System is non-biological and does not rely
on biological agents, conventional chemical processing, fluorescent
tags, gas chromatography or DNA analysis. MIT has demonstrated the
ability to detect and identify, within several minutes, the
microbes Escherichia coli, Listeria, Salmonella Staphylococcus
aureus, Shigella and other pathogenic bacteria. The identification
process has been verified by North American Science Associates Inc.
(NAMSA), an independent, internationally recognized biological
testing laboratory. The Test Report, in the company's opinion,
demonstrated the accuracy, speed and efficiency of the MIT system
over conventional processes and is available from the company. This
release contains statements that are forward-looking in nature.
Statements that are predictive in nature, that depend upon or refer
to future events or conditions or that include words such as
"expects," "anticipates," "intends," "plans," "believes,"
"estimates," and similar expressions are forward-looking
statements. These statements are made based upon information
available to the company as of the date of this release, and we
assume no obligation to update any such forward-looking statements.
These statements are not guarantees of future performance and
actual results could differ materially from our current
expectations. Factors that could cause or contribute to such
differences include, but are not limited to dependence on
suppliers; short product life cycles and reductions in unit selling
prices; delays in development or shipment of new products; lack of
market acceptance of our new products or services; inability to
continue to develop competitive new products and services on a
timely basis; introduction of new products or services by major
competitors; our ability to attract and retain qualified employees;
inability to expand our operations to support increased growth; and
declining economic conditions, including a recession. These and
other factors and risks associated with our business are discussed
from time to time within our filings with the Securities and
Exchange Commission.
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