Mind Technologies, Inc.(fka MTEK)

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Mind Technologies, Inc. Signs Global Marketing and Distributor Agreement for Medical Applications
Jedi Mind (USOTC:JEDM)
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Today : Wednesday 9 March 2011
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Mind Technologies, Inc. (http://mindtechnologiesinc.com) (Pink Sheets: JEDM), a leader in thought controlled technologies, announced today that the Company has signed a global distribution and marketing agreement for the Company's medical applications. Mind Technologies is pleased to announce Mr. Tim Howell's appointment to our newly created Medical Sciences Division as an exclusive distributor. Initially, the agreement will cover the marketing of Mind Mouse and the Company's new proprietary headset. The Mind Mouse interfaces a person's brain with a wireless EEG type headset to a computer, allowing any medically handicapped individual to operate all functions, including e-mail and web browsing, completely hands free without the use of speech or manual controls.

This agreement is expected to expand to other applications that the Company is developing at this time. In addition under the agreement, the distributorship will include storage, marketing, sales, and training on use of the products. This arrangement will greatly reduce the need for inventory and costs for Mind Technologies which will enable the Company to maximize margin on sales.

Mr. Howell has a company goal of providing the Mind Mouse's medically assistive technology throughout the United States and Internationally to those suffering disabling diseases, eliminating their ability to communicate. He is a spousal care provider married to a mid-stage ALS patient diagnosed in 2003. She is beating life expectancy odds. Mr. Howell is a member of the International ALS Internet Forum, has worked closely with the National Muscular Dystrophy/ALS Association (Helping Jerry's Kids), state ALS associations, Hospice, Medicare, Medicaid, Insurance Associations, physicians and private medical suppliers. Mr. Howell is a law school graduate, former marketing executive for Honeywell Corporation and a 23 year manufacturing business owner. He will bring depth, perspective and sales expertise to the marketing development of Mind Technologies Inc.

"This is a milestone event for Mind Technologies," said Brent Fouch, CEO of Mind Technologies, Inc. "Global marketing and distribution of our products has been our goal all along and we have reached our first goal with our medical applications. This will also benefit our Company greatly by reducing the logistical efforts of conducting sales and maintaining inventory in-house. This means we will not have to shoulder any additional costs which will maximize value for our shareholders and our Company," Fouch said.