American Scientific Resources, Inc. Reports 67% Increase in Sales of Kidz-Med Products.NEW PALTZ, N.Y. -- American Scientific Resources, Inc. (Pink Sheets:ASRO ASRO Asociatia de Standardizare din România ASRO Addressing Substance Related Offending (corrections) ASRO Atomic Short-Range Order ASRO American Slope Racing Organization ASRO Abbreviated Seismic Research Observatory(ies) ) reported a 67% increase in the sales of its line of pediatric pediatric /pe·di·at·ric/ (pe?de-at´rik) pertaining to the health of children. pe·di·at·ric adj. Of or relating to pediatrics. products. The Kidz-Med medicine delivery system's third quarter sales exceed 2003 sales by 45,000 units. Heading up the list of over the counter leaders of ASR (Automatic Speech Recognition) Using voice recognition to replace keypad entry for telephone voice menus. Typically used to speak the digits 0 through 9 insted of keying them, ASR systems may be able to recognize a limited vocabulary. See voice recognition and AVSR. products are CVS (1) (Concurrent Versions System) A version control system for Unix that was initially developed as a series of shell scripts in the mid-1980s. CVS maintains the changes between one source code version and another and stores all the changes in one file. (NYSE NYSE See: New York Stock Exchange :CVS) and Walgreen's (NYSE:WAG) pharmacies. The recent addition of Chelsea and Scott, a national renowned E-commerce and catalog house drove the pediatric line past anticipated projections as well. Chelsea and Scott as well as Walgreen's have only just started marketing the Kidz-Med line. Peter F. Lordi Jr., President of ASR, commented, "The increase is actually far more important than the numbers show, in that Walgreen's stocking order was just shipped in the third quarter of this year and they have already started re-ordering." About American Scientific Resources: American Scientific Resources, Inc.(www.americansci.com), based in upstate New York Upstate New York is the region of New York State north of the core of the New York metropolitan area. It has a population of 7,121,911 out of New York State's total 18,976,457. Were it an independent state, it would be ranked 13th by population. , is an emerging medical products manufacturer and distributor. The company has developed a line of cutting edge, patented products that are easy to use and cost effective. Each line of products fills a current need acknowledged by clinical or medical professionals and targets a specific market; pediatrics, hospital/laboratory and home health. A number of upscale pediatric products from the Kidz-Med product line are currently available at CVS (NYSE:CVS) and Walgreen's (NYSE:WAG) nationwide. This press release contains statements, which may constitute "forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. " within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by 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. Those statements include statements regarding the intent, belief or current expectations of American Scientific and members of their management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results. |
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