BioCube, Inc. Provides Corporate Update
May 12 2011 - 12:37PM
Marketwired
BioCube, Inc. (OTCQB: BICB) (PINKSHEETS:
BICB), a "Life Sciences" company that specializes in advancing the
use of electro-chemical activation (ECA) technology in today's
commercial markets, provides the following interim update on its
activities:
- Name change from Alliance Networks Communications Holdings,
Inc. to BioCube Inc. has been completed.
- All development activities in the field of communication and
protection devices have been discontinued.
- The sole focus of the Company will be aerosol-generating
systems using electro-chemically activated solutions.
- Corporate website is in the final stages of development and
will go live within next 7-10 days.
- Cooperation with its research development partners is being
extended to cover additional products.
- Targeted marketplace, both domestic and international has been
set.
- Product development scope and priorities have been
finalized.
As previously announced by BioCube, Inc., it is collaborating
with Battelle Memorial Institute (Battelle), the operator of U.S.
Department of Energy's Pacific Northwest National Laboratory (PNNL)
and its Russian research partner, Institute of Highly Pure Elements
in St. Petersburg Russia to complete the development of an
environmentally safe decontamination system modeled after research
conducted at PNNL. The system developed at PNNL has demonstrated
effective handling of microbial and fungal cells, spores, and
viruses that are the core of such infections as MRSA infection,
Avian Flu, Swine Flu and common molds.
About BioCube, Inc.
BioCube Inc. is a "Life Sciences" company that specializes in
advancing the use of electro-chemical activation (ECA) technology
in today's commercial markets. BioCube seeks to improve the safety
and well being of its customers by providing a sanitary workspace,
and believes its product achieves this goal by resolving the
pressing need for a viable solution that can categorically
sterilize hard to clean microbial environments, and do it in the
most environmentally conscious way possible. BioCube is concerned
with the environmental future of our planet. For that reason, the
Company is focused on developing products that do not rely on harsh
chemicals to be effective in its applications and by doing so have
positive impact on the environment and help preserve existing
natural resources. In a competitive global marketplace, BioCube
plans to offer highly effective, simple to use system, with a
seemingly never-ending number of commercial applications. These
solutions can be used in a variety of applications, from destroying
microorganisms, to neutralizing chemical agents, to cleaning and
degreasing surfaces or even purifying water, and can be applied in
liquid, aerosol or frozen forms.
This press release may contain forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. Investors are cautioned that these forward-looking
statements involve uncertainties and risks that could cause actual
performance and results of operations to differ materially from
those anticipated. These risks and uncertainties include issues
related to the ability to: obtain sufficient funding to continue
operations, maintain adequate cash flow, profitably exploit new
ventures, as well as other factors set forth in BioCube Inc. most
recently filed Form 10-K and Form 10-Q reports. The forward-looking
statements contained herein represent the Company's judgment as of
the date of this release and it cautions readers not to place undue
reliance on such statements. BioCube, Inc. assumes no obligation to
update the statements contained in this release.
Contact: Boris Rubizhevsky Email Contact
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