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Advanced Bodymetrics Corp. Issues Progress Update.


Business Editors

MESA, Ariz.--(BUSINESS WIRE)--Oct. 3, 2001

Advanced Bodymetrics Corp. (ABC ABC
 in full American Broadcasting Co.

Major U.S. television network. It began when the expanding national radio network NBC split into the separate Red and Blue networks in 1928.
) (NQB NQB National Quotation Bureau, Inc (now Pink Sheets) :ZABC) today reported on the status of the previously announced acquisition endeavor of the company by Canyon Mountain Entertainment Group (CMEG CMEG Crop Management Extension Group (Penn State)
CMEG Calgary Mineral Exploration Group
CMEG Coastal Marine Engineering Group (FBI undercover business name) 
).

Due to the unprecedented events of last month, the targeted completion date of the acquisition has been extended by CMEG. Management is continuing with the ongoing evaluation process and now anticipates completing the process by the end of October. CMEG continues to operate Advanced Bodymetrics Corp. under a management arrangement, subject to final closing and signing of a definitive agreement.

In a separate announcement, and on a personal note, Robert Braner, president of ABC, expressed his deep sorrow for the human loss caused by the recent terrorist attack against the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , and stated, "I am confident that the collective spirit, talents and strength of the American people An American people may be:
  • any nation or ethnic group of the Americas
  • see Demographics of North America
  • see Demographics of South America
 will help us heal and come back even stronger than before."

Advanced Bodymetrics Corp.(TM) is a high technology company dedicated to developing products for monitoring vital functions (Physiol.) those functions or actions of the body on which life is directly dependent, as the circulation of the blood, digestion, etc.

See also: Vital
 of the human body and displaying such data via a wristwatch or simple arm monitor.

The company's PULSEPRO(TM) is a state-of-the-art heart monitor watch which employs advanced, proprietary sensor technologies. The PULSEPRO(TM) is marketed towards consumers within the health and fitness industries.

Statements contained in this release that are not historical facts may be considered "forward-looking statements" under 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. Forward-looking statements are based on current expectations and the current economic environment. We caution the reader that such forward-looking statements are not guarantees of future performance. Unknown risk, uncertainties, as well as other uncontrollable or unknown factors could cause actual results to materially differ from the results, performance, or expectations expressed or implied by such forward-looking statements.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Oct 3, 2001
Words:296
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