Lifeline BioTechnologies Accomplishes Breast Endoscope Milestone
Tuesday February 24, 9:01 am ET
RENO, Nev.--(BUSINESS WIRE)--Feb. 24, 2004--Jim Holmes, CEO of Lifeline BioTechnologies, Inc. (OTC:LBTT - News) announced today that the company had completed the required documentation for compliance and FDA clearance of its breast microendoscope.
"This is a real milestone for us and we are quite excited about our upcoming U.S. as well as our European market entry with this product," Jonathan Reeves, Vice President of Operations, stated. "It has been a long and tedious process for us. Having worked for well over a year with outside consultants to develop the required documentation and record keeping system required by the Food and Drug Administration, the Company is now well prepared for future FDA applications."
Holmes noted that with the CE Mark awarded this past December, preparation continues for the introduction of the breast microendoscope at the fourth annual European Breast Cancer Conference March 16th through March 20th 2004 in Hamburg, Germany. Lifeline will have Company representatives manning its booth at this conference with products demonstrations. The Conference is the largest European attended gathering of breast cancer physicians and representatives expected from all over the world. Holmes further noted that Carlo Micheletti, President of Advance Biomedical Concepts, Lifeline's marketing and sales consulting firm, is already in Europe preparing for the Conference and product introduction to the European markets.
William Reeves, President and company founder, commented that Lifeline will be attending the American Society of Breast Surgeons Annual Conference, being held at the Bellagio hotel in Las Vegas, Nevada, March 31 through April 4, 2004. "We will be present with Company representatives and a booth featuring its microendoscope as initial introduction to the market providing physicians with an aid in dealing with patients concerning nipple discharge," stated Reeves.
Holmes went on to say, "Concerning the Shaver Blade and Bioabsorable screws Lifeline is currently distributing in the U.S., market introduction and promotion will be featured at three trade shows in March 2004, including the annual meeting of the American Association of Surgery Centers (Orlando), American Association of Osteopathic Surgeons (San Francisco) and American Operating Room Nurses (San Diego)."
Lifeline's website address: www.lbti.com
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. In particular, when used in the preceding discussion, the words "believe," "expects," "projects," "forecasts," "intends," "will," "anticipated," "could," or "may," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the act and subject to the safe harbor created by the act. Except for historical information, all of the statements, expectations and assumptions contained in the foregoing are forward-looking statements that involve a number of risks and uncertainties.
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Contact:
Lifeline BioTechnologies, Inc.
Jim Holmes, 775-324-1933
jholmes@lbti.com
or
Stock Enterprises
Investor Relations
Jim Stock, 866-242-2405
stockenter@aol.com
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Source: Lifeline BioTechnologies, Inc.
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