Medical Services Projects Record Year
April 20 2007 - 2:26AM
PR Newswire (US)
EDMONTON, Alberta, April 20 /PRNewswire-FirstCall/ -- Medical
Services International Inc (Pinksheets: MSITF) wishes to announce
that it projects that it will sell in excess of 5.3 VScan rapid
test kits in the next fiscal year. This projection is based on
existing orders, orders currently being negotiated and the number
of kits that distributors must purchase in order to maintain their
distributorships. Based on pricing that has been negotiated with
distributors for the next year, tenders that have been submitted
and working with government officials on pricing the Company is
projecting sales in excess of $10,000,000 in gross revenues. This
does not include the new products that the company is bringing on
line in September 2007 or the fact that the company is adding new
distributors weekly. The projected breakdown of kits to be sold is
3,800,000 HIV, 700,000 Tuberculosis (TB) 500,000 Hepatitis C,
250,000 malaria, 50,000 miscellaneous other VScan kits. About VScan
The VScan rapid test kit is a single use, disposable, accurate,
cost effective, easy to use test for the screening of HIV 1&2,
Hepatitis B&C, Tuberculosis (TB), Dengue Fever, West Nile,
Syphilis, Malaria and Prostate Cancer. The kits cannot be sold in
Canada. Medical Services International Inc trades in the United
States on the NQB Pinksheets under the symbol "MSITF". For further
information, please contact Robert Talbot at (780) 430 6363 or
http://www.medicalservicesintl.com/ or
http://www.minerva-biotech.com/. NOTE: Certain statements in this
press release are "forward-looking statements" within the meaning
of the Private Securities Act of 1995. Such statements involve
known and unknown risks, uncertainties and other factors that may
cause results to differ materially. Such risks, uncertainties and
other factors include but are not limited to new economic
conditions, risk in product development, market acceptance of new
products and continuing product demand, level of competition and
other factors described in Company reports and other filings with
regulatory bodies. DATASOURCE: Medical Services International Inc.
CONTACT: Robert Talbot of Medical Services International Inc.,
+1-780-430-6363 Web site: http://www.medicalservicesintl.com/
http://www.minerva-biotech.com/
Copyright