SANTA ANA, Calif., Sept. 12, 2011 /PRNewswire/ -- SUTIMCo
International, Inc. (Pink Sheets: SUTI) is pleased to announce that
it will send a corporate executive to the 125th Annual Meeting of
The Association of Analytical Communities (AOAC) being held
September 18-21 in New Orleans. For over a century, AOAC
has developed method validation programs for medical devices as
well as proficiency testing and accreditation programs for
laboratories. The meeting is an international showcase for
medical devices, attracting manufacturers and the customers who use
their products in the lab, the plant and in the field.
SUTIMCo Vice President of Business Development Ed Ellsworth will attend the AOAC meeting to
discuss the latest developments at CapWave Sensors, Inc. to produce
Searchlight™ - a portable medical device initially serving the food
safety testing market. CapWave will make announcements soon
regarding new strategic partnerships for product development that
will accelerate time to market and contribute innovative technology
to Searchlight.
AOAC is a global organization of 3,000 members whose scientific
interests are in the agricultural, food, drug, and environmental
science communities. The annual meeting attracts some of the
top firms in the industry including: Agilent Technologies, Thermo
Scientific, Romer Labs, Biotage,
Fisher Scientific and bioMerieux.
"Our presence at AOAC gives CapWave the opportunity to meet with
prospective customers and introduce them to the Searchlight
technology," stated Ed Ellsworth,
Vice President of Business Development for SUTIMCo International,
Inc. "These are the experts in the labs. I'm eager to
get their input on our technology, learn precisely what they need
and apply that to our product."
CapWave's Searchlight™ testing device is a rapid, sensitive, and
portable amino chemistry platform based on the Enzyme-Linked
Immuno-Sorbent Assay (ELISA) biochemical technique. For food
safety testing, Searchlight is capable of detecting toxins
including E. coli, salmonella, listeria and campylobacter.
According to the Centers for Disease Control and Prevention
(CDC), about 48 million people (1 in 6 Americans) get sick, 128,000
are hospitalized, and 3,000 die each year from foodborne
diseases.
"As we bring strategic partners on board, both CapWave and the
Searchlight device come into greater focus," Ellsworth said.
"As I share our story at AOAC, I believe the industry will be
intrigued by this device. More sensitivity, more speed,
smaller sample sizes, it's an elegant solution."
The Searchlight™ device will first be available for food safety
testing. Product development for the veterinary and in vitro
diagnostic markets is also being evaluated.
To set up a meeting with SUTIMCo at AOAC, please contact Boost
Marketing at (407) 389-5900
For more information on CapWave Sensors, please visit;
http://www.capwavesensors.com
For more information on SUTIMCo, its portfolio companies, and
university partners, please visit; http://www.suti.com
About SUTIMCo International, Inc.:
SUTIMCo International Inc. is a holding company, which utilizes
a unique and established platform to launch new technology
enterprises based on world-class university research discoveries.
SUTIMCo International through its wholly owned subsidiary SUTIMCo,
Inc., provides experienced management to early stage companies,
reducing risk and assuring the know-how in launching and growing a
new company. In addition to this skilled management team, SUTIMCo
can avail itself of the encyclopedic, informal knowledge of the
inventor, his experience and his research team.
Safe Harbor: Statements regarding financial matters in this
press release other than historical facts are "forward-looking
statements" within the meaning of section 27A of the Securities Act
of 1933, Section 21E of the Securities Exchange Act of 1934, and as
that term is defined in the Private Securities Litigation Reform
Act of 1995. The Company intends that such statements about the
Company's future expectations, including future revenues and
earnings, technology efficacy and all other forward-looking
statements be subject to the safe harbors created thereby. The
Company is a development stage company who continues to be
dependent upon outside capital to sustain its existence. Since
these statements (future operational results and sales) involve
risks and uncertainties and are subject to change at any time, the
Company's actual results may differ materially from expected
results.
SUTIMCo International, Inc.
Investor Relations
407-389-5900
SOURCE SUTIMCo International, Inc.