Medical Services
International Inc. (Pink Sheets: MSITF) wishes to announce that it has
completed testing with its VScan HIV test kit and the VScan Hepatitis C
test kit in Europe. Completion of this testing will allow it to apply for
EU approval of both test kits.
EU approval would allow the Company to expand its distribution network
with the initial setup of 10 distributors in Europe. It is anticipated that
when EU approval is received that it will result in the sale of up to 1.0
million (gross sales of $2,000,000USD) test kits in the first year. It is
believed based on studies completed that this will be a very active market
with rapid growth potential. Once approval is received the Company expects
to also market the kits through an independent internet site
About VScan
The VScan rapid test kit is a single use, disposable, accurate, cost
effective, easy to use, test for the screening of HIV1&2, Hepatitis B&C,
Tuberculosis (TB), Malaria, Dengue Fever, West Nile, Syphilis and Prostate
Cancer.
Medical Services International Inc. trades in the United States on the
NQB Pink Sheets under the symbol "MSITF".
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
Medical Services International Inc.
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