MSGL news out:
MicroSignal Corp. in Negotiations for 4 Unit Order for SLICES
Wednesday October 15, 1:50 am ET
(dont you love the times they release their pr's lol...)
LAS VEGAS--(BUSINESS WIRE)--Oct. 15, 2003--MicroSignal Corp. (OTCBB:MSGL - News) announced today that it is negotiating the purchase of 4 units of its SLICES(TM) technology with Western Medical Devices, a California based medical marketing company. The terms of the agreement will provide for exclusivity with respect to existing clients of the medical marketing company, which include hospitals and clinics, but will otherwise be non-exclusive.
The 4 units being sold to Western Medical Devices are for use as inventory by them for installation models at key hospitals and clinics. MicroSignal's software engineering team will head-up both the installation and training process. Pre-installation and post-installation data will be gathered with respect to the demonstrable benefits of SLICES(TM) technology. Wayne B. Norris the newly named President and CEO of MicroSignal stated, "Our mission is to get SLICES(TM) to market. The 4 unit order gives us a critical path to follow to make sure we deliver, install and support our product. Although there are over 10,000 MRI devices worldwide, we have targeted a network of over 500 hospitals and clinics with our California marketing partner."
This is the first time SLICES(TM) technology based on the new Linux programming will be put into the field since the original software was successfully installed in 1999. SLICES(TM) technology provides enhance image quality and faster patient flow-through time through the use of a patented algorithm. Further information about MicroSignal is available at www.microsignalcorp.com.
Forward-Looking Statements
This Press Release includes projections of future results and "forward-looking statements" as that term is defined in Section 27A of the Securities Act of 1933 as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934 as amended (the "Exchange Act"). All statements that are included in this Press Release, other that statements of historical fact, are forward-looking statements. Although Management believes that the expectations reflected in these forward-looking statements are reasonable. It can give no assurance that such expectations will prove to have been correct. Important factors that could cause actual results to differ materially from the expectations are disclosed in this Press Release, including, without limitation, in conjunction with those forward-looking statements contained in this Press Release.
Contact:
Princeton Research, Inc.
J. Michael King, 702-650-3000