ATC II Inc. signs letter of intent.SALT LAKE CITY--(BUSINESS WIRE)--May 16, 1995--ATC II Inc. Tuesday announced the signed letter of intent to acquire U.S. Patents Nos. 5,296,216 and 5,306,509 on STOMASTAT for $5 million from Turner, Turner and Associates. The acquisition will be made under a promissory note promissory note, unconditional written promise to pay a certain sum of money at a definite time to bearer or to a specified person on his order. Promissory notes are generally used as evidence of debt. that will extend through 1999 and yield 6 percent. In addition, ATC ATC Air Traffic Control ATC Average Total Cost ATC Certified Athletic Trainer ATC At the Center (Hartford, Maine retreat center) ATC Applied Technology Council ATC All Things Considered II will include a seat on the board of directors of ATC II, for both Robert M. Turner and Richard H. Turner. Recurrent aphthous stomatitis aphthous stomatitis n. See canker sore. Aphthous stomatitis A specific type of stomatitis presenting with shallow, painful ulcers. Also known as canker sores. (RAS (1) See network access server. (2) (Remote Access Service) A Windows NT/2000 Server feature that allows remote users access to the network from their Windows laptops or desktops via modem. See RRAS and network access server. ) is a process by which an individual develops multiple oral mucosal ulcerations Ulcerations Breaks in skin or mucous membranes that are often accompanied by loss of tissue on the surface. Mentioned in: Hypersplenism . As older ulcerations heal, new ulcers develop, leaving the individual in constant pain. Developed by Dr. Robert E. Turner, STOMASTAT optimizes the oral environment that could lead to an ulcer free condition during and after cancer chemotherapy. Research has shown that through the cleaning and irrigating actions of STOMASTAT, resolution in 3 to 6 days is common. The continued use of STOMASTAT offers protection of the mucous membranes whereby new ulcerations are seen infrequently, if at all. ATC II was delisted during December of 1994. Management is working diligently to bring ATC II back to qualifying standards. CONTACT: ATC II Inc., Salt Lake City Investor Relations, 801/575-8073; Fax: 801/575-8092 |
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