AcuNetx Expands Its Mission, Establishes Three Market-Oriented Divisions.SUPERIOR, Colo. -- AcuNetx Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: ANTX) today announced that, in order to successfully execute its expanded mission, it has developed three market-oriented operating divisions: IntelliNetx, VisioNetx and OrthoNetx. The AcuNetx mission--to read the human body with 'smart' devices, to connect stakeholders Stakeholders All parties that have an interest, financial or otherwise, in a firm-stockholders, creditors, bondholders, employees, customers, management, the community, and the government. to the information, and to facilitate the understanding and the means to solve human problems--defines the Company's product offerings in each of its divisions. "We are dedicated to the notion that devices acting on, or residing in, the human body must be 'smart', much like OnStar(R) has made automobiles smart, allowing remote monitoring (protocol) remote monitoring - (RMON) A network management protocol that allows network information to be gathered at a single computer. Whereas SNMP gathers network data from a single type of Management Information Base (MIB), RMON 1 defines nine additional MIBs that provide a and remote management, and offering safety and protection for users," said Terry Knapp, M.D., CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of AcuNetx. "We call our platform SmartDevice-Connect(TM). 'Smart' devices will rapidly provide knowledge enhancement for doctors and patients, enhance workplace and highway safety, and reduce risk and injuries in many sectors of society. We have the patents, technologies, platform and devices to rapidly realize market opportunities for 'smart' devices in medicine, occupational safety and law enforcement. The market opportunities for AcuNetx are enormous and virtually untapped, auguring well for accelerated revenue growth and enhanced shareholder value." The IntelliNetx division markets patented medical devices that assist in the diagnosis of dizziness and vertigo vertigo (vûr`tĭgō), sensations of moving in space or of objects moving about a person and the resultant difficulty in maintaining equilibrium. , and rehabilitate those in danger of falling as a result of balance disorders. Making its devices 'smart' allows IntelliNetx to deliver information to doctors and patients in order to reduce risk and improve outcomes. The VisioNetx division markets patented products that track and analyze human eye movements. The devices, made 'smart' with AcuNetx technology, allow employers to assure that workers in high-risk jobs are clear-headed and unimpaired Adj. 1. unimpaired - not damaged or diminished in any respect; "his speech remained unimpaired" undamaged - not harmed or spoiled; sound uninjured - not injured physically or mentally , creating safer work environments. VisioNetx 'smart' eye tracking products also serve as training aids Any item developed or procured with the primary intent that it shall assist in training and the process of learning. and objective evidence-capture devices in support of the Standard Field Sobriety Test used at roadside and in jailhouses for decades by traffic patrol officers and drug recognition experts (DREs). The OrthoNetx division markets patented medical devices that mechanically induce new bone formation in patients with skeletal deformities of the face, skull, jaws, extremities and dentition dentition, kind, number, and arrangement of the teeth of humans and other animals. During the course of evolution, teeth were derived from bony body scales similar to the placoid scales on the skin of modern sharks. . Making these devices 'smart' enables remote monitoring of the bone generation process in the patient by the supervising physician supervising physician Medical practice A licensed physician in good standing who, pursuant to state regulations, engages in direct supervision of physician assistants whose duties are encompassed by the supervising physician's scope of practice , as well as providing the same near-real-time information to patients. About AcuNetx, Inc. AcuNetx combines diagnostic, analytical and therapeutic devices with proprietary software to permit: health providers to diagnose and treat balance disorders and various bone deficiencies; law enforcement officers to evaluate roadside sobriety; and employers in high-risk industries to determine--in real-time--the mental fitness of their employees to perform mission-critical tasks. AcuNetx is headquartered in Superior Colo., and has operating divisions in Torrance, Calif. For more information about AcuNetx and its divisions, please visit www.acunetx.com. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. for Forward-Looking Statements This news release contains 'forward-looking statements' that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. While these statements are made to convey to the public the company's progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. Whereas management believes such representations to be true and accurate based on information and data available to the company at this time, actual results may differ materially from those described. The company's operations and business prospects are always subject to risk and uncertainties. Important factors that may cause actual results to differ are set forth in the company's periodic filings with the U.S. Securities and Exchange Commission. |
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