Mind Technologies, Inc.(fka MTEK)

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MTEK News Mind Technologies, Inc. to Begin Filing Quarterly

Tuesday, June 7, 2011 2:11 PM

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News for 'MTEK' - (Mind Technologies, Inc. to Begin Filing Quarterly Financials)

http://www.otcmarkets.com/stock/MTEK/news

CARDIFF, Calif., June 7, 2011 /PRNewswire via COMTEX/ -- Mind Technologies,
Inc. (http://mindtechnologiesinc.com) (Pink OTC: MTEK), announced this morning
that The Company will begin filing quarterly financials to provide shareholders
updated, current information. The Board of Directors resolved to this action as
a result of receiving a ten day temporary trade halt on MTEK. The Company is
finalizing first and second quarter financial statements, to be filed publicly
as soon as possible. It is the Company's goal to bring the public information
current immediately to resume the trading status of MTEK. The Company will
update shareholders on the progress and announce in a press release when trading
has resumed.

The Company has elected to accelerate its financial filings on a quarterly basis
to provide transparency to its shareholders and avoid temporary trading
disruptions in the future. The Company was one of seventeen companies halted
today for lack of public information and understands the SEC's role to ensure
current information is provided to protect shareholders. The Company is working
diligently to remedy the situation. The Company appreciates its shareholders
support and patience as we continue to move Mind Technologies forward.

About Mind Technologies, Inc.

Mind Technologies, Inc. develops software for thought controlled technologies,
allowing the user to interact with the computer and other machines through the
power of the mind. The technology involves the use of a wireless headset, which
detects brainwaves on both the conscious and non-conscious level. This
revolutionary neural processing technology makes it possible for computers to
interact directly with the human brain. The Company creates medical applications
and video games that are controlled by the power of your mind.

FORWARD-LOOKING STATEMENTS

From time to time, the Company may issue news releases that contain
"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, and is
subject to the safe harbor created by those sections. This material may contain
statements about expected future events and/or financial results that are
forward-looking in nature and subject to risks and uncertainties. For those
statements, the Company claims the protection of the safe harbor for
forward-looking statement provisions contained in the Private Securities
Litigation Reform Act of 1995 and any amendments thereto. Any statements that
express or involve discussions with respect to predictions, expectations,
beliefs, plans, projections, objectives, goals, assumptions, or future events or
performance are not statements of historical fact and may be "forward-looking
statements." "Forward-looking statements" are based upon expectations, estimates
and projections at the time the statements are made that involve a number of
risks and uncertainties that could cause actual results or events to differ
materially from those anticipated.

SOURCE Mind Technologies, Inc.

http://www.prnewswire.com


Copyright (C) 2011 PR Newswire. All rights reserved

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http://www.otcmarkets.com/stock/MTEK/news


KEYWORD: California

INDUSTRY KEYWORD: CPR

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