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American Medical Technologies Announces Exclusive Licensing Agreement with Spectrum Dental Inc.


CORPUS CHRISTI, Texas Corpus Christi is a coastal city and the county seat of Nueces CountyGR6 in the U.S. state of Texas. It is part of the region known as South Texas.  -- American Medical Technologies, Inc. ("AMT See vPro. " or the "Company") (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:ADLI) today announced it has executed a five-year exclusive licensing agreement with Spectrum Dental, Inc. ("Spectrum") in exchange for a warrant granting the right to purchase 2.5 million shares of AMT's common stock at $0.20. The warrant will vest over the term of the licensing agreement. The agreement includes an option, at either party's request, subject to certain restrictions, for AMT to purchase the stock of Spectrum.

Spectrum markets professional tooth whitening tooth whitening Dentistry Any process is intended to whiten yellowed or stained teeth Complications Improperly applied, whiteners have been associated with tooth disintegration. See Cosmetic dentistry.  products under the brand names Contrastpm(R), Contrastpm(R)plus and Contrastam(R) to professional dental customers in 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 around the world via a wholesale distribution system that includes major dental supply companies.

"We are excited to add this established tooth whitening product line to our company. Spectrum products are an excellent complement to our Hydrobrasion line of products for the general dentistry market," stated Roger W. Dartt, President and 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 AMT.

In addition, AMT signed a three-year manufacturing agreement with Westside Packaging Inc., the current manufacturer of the Spectrum product lines.

AMT also announced the sale of its 45,000-square-foot Corpus Christi facility for $1.9 million to the Sepulveda Group LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
, and will lease the property back from the new owners.

AMT develops, manufactures and markets high-technology Hydrobrasion products designed primarily for general dentistry that are a dramatic alternative to the shot and drill. AMT's patented Hydrobrasion products provide dentists with a minimally invasive process that safely removes dental tooth structure and tooth decay Tooth Decay Definition

Tooth decay, which is also called dental cavities or dental caries, is the destruction of the outer surface (enamel) of a tooth.
 by means of a slurry composed of air, water and micro particles. The Hydrobrasion technology and recently introduced Hydro Jet product line lessens patient sensitivity and may be used to treat a patient without anesthesia. The Company's securities are quoted on the OTC Bulletin Board OTC Bulletin Board

An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system.
 under the symbol ADLI, and its website is at www.americanmedicaltech.com.

The Company makes forward-looking statements in this press release and in its filings with the Securities and Exchange Commission. The Company's forward-looking statements are subject to risks and uncertainties and include information about its expectations and possible or assumed future results of operations. When the Company uses any of the words "believes," "expects," "anticipates," "estimates" or similar expressions, it is making forward-looking statements.

To the extent available to it, the Company claims the protection of the 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 contained in 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 for all of its forward-looking statements. While the Company believes that its forward-looking statements are reasonable, you should not place undue reliance on any such forward-looking statements, which speak only as of the date made. Because these forward-looking statements are based on estimates and assumptions that are subject to significant business, economic and competitive uncertainties, many of which are beyond the Company's control or are subject to change, actual results could be materially different. Factors that might cause such a difference include, without limitation, the following: the Company's inability to generate sufficient cash flow to meet its current liabilities Current Liabilities

Usually appearing on a company's balance sheet, it represents the amount owed for interest, accounts payable, short-term loans, expenses incurred but unpaid, and other debts due within one year.
, the Company's potential inability to hire and retain qualified sales and service personnel, the potential for an extended decline in sales, the possible failure of revenues to offset additional costs associated with its change in business model, the potential lack of product acceptance, the Company's potential inability to introduce new products to the market, the potential failure of customers to meet purchase commitments, the potential loss of customer relationships, the potential failure to receive or maintain necessary regulatory approvals, the extent to which competition may negatively affect prices and sales volumes or necessitate increased sales expenses, and the other risks and uncertainties.

Other factors not currently anticipated by management may also materially and adversely affect the Company's results of operations. Except as required by applicable law, the Company does not undertake any obligation to publicly release any revisions which may be made to any forward-looking statements to reflect events or circumstances occurring after the date of this report.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Apr 17, 2006
Words:661
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