Thursday, November 04, 2004 9:10:14 AM
AMD Receives Million Kit Commitment
11/4/04
GARRISON, N.Y., Nov 04, 2004 (PRIMEZONE via COMTEX) --
Transportation Logistics Int'l, Inc. (OTCBB:TRPL) announced today that its Advanced Medical Diagnostics (AMD) division has received a commitment for 1 million HIV (1+2) Rapid Test Kits from their Peruvian distributor, Advance Products S.A.C. Advance Products
S.A.C is committed to order the one million HIV (1+2) Rapid Test Kits from AMD over the next 12 months.
This order comes as a result of the overwhelmingly positive response from sample kits sent to Peruvian sources earlier this month. Advance Products anticipates utilizing at least 250,000 of the kits in the first quarter of 2005.
Michael Gilbert, AMD's President made this statement: "If a small country like Peru can utilize one million kits in a year, the worldwide potential is incalculable. We expect this $4.5 million order to be just the beginning of major sales for AMD."
For further information contact Mike Margolies at 845-424-4100.
SOURCE: Transportation Logistics International, Inc.
The information in this Press Release includes certain "forward-looking" statements within the meaning of the Safe Harbor provisions of Federal Securities Laws. Investors are cautioned that such statements are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including the future financial performance of the Company. Although the Company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will provide to be correct. Factors that could cause results to differ include, but are not limited to successful performances of internal plans, the impact of competitors, and general economic risks and uncertainties.
(C) 2004 PRIMEZONE, All rights reserved.
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