Bio-Lok Engages Capitalink as Financial Advisor.Business Editors/Health/Medical Writers DEERFIELD BEACH, Fla.--(BUSINESS WIRE)--May 5, 2004 Bio-Lok International Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :BLLI BLLI Broadband Low Layer Information ) announced today that it would undertake a process of exploring its strategic alternatives with the objective of enhancing shareholder value. The company will consider a range of alternatives, including a financial or strategic partner, merger or sale, or raising capital. Any funds raised will be used for working capital for the marketing and sales of the new "Laser-Lok" technology. Capitalink, L.C., Coral Gables, Florida Often called "The Gables," Coral Gables is a city in Miami-Dade County, Florida, southwest of Miami, in the United States. The city is best known as the home of the University of Miami, and as an example of City Beautiful urban planning. , has been retained as financial advisor to assist in this process. "We owe it to our shareholders to consider all alternatives that could enhance the value of the Company," said Bruce Hollander, the Company's Chairman and Chief Executive Officer. "Our distinct patented products and new patented laser micro-machined surface technology (Laser-Lok) that provides soft tissue attachment to an 8 micron surface configuration and bone attachment to a 12 micron surface configuration allowing for the engineering of the biological width, make Bio-Lok a very desirable strategic partner. A major ongoing study of our patented technology has been approved by the Internal Review Board (IRB IRB See: Industrial Revenue Bond ) at New York University New York University, mainly in New York City; coeducational; chartered 1831, opened 1832 as the Univ. of the City of New York, renamed 1896. It comprises 13 schools and colleges, maintaining 4 main centers (including the Medical Center) in the city, as well as the School Of Dentistry Noun 1. school of dentistry - a graduate school offering study leading to degrees in dentistry dental school grad school, graduate school - a school in a university offering study leading to degrees beyond the bachelor's degree and is in process." There can be no assurance that the alternatives the Company may identify will increase shareholder value or that any transaction will be consummated. This release contains forward-looking statements within the meaning 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. Investors are cautioned that all forward-looking statements involve risks and uncertainties, including those risks and uncertainties detailed in the Company's filings with the Securities and Exchange Commission. About Bio-Lok International Inc. Bio-Lok is a manufacturer and distributor, domestically and internationally, of the Bio-Lok(TM) Precision Dental Implant dental implant n. An artificial tooth that is anchored in the gums or jawbone to replace a missing tooth. dental implant System. The line consists of Micro-Lok, a straight hex top screw implant and Silhouette tapered screw implant with both hex-top and internal connection models. It is the Silhouette line that will be introduced with the new Laser-Lok surface. Also in the line are related prosthetic pros·thet·ic adj. 1. Serving as or relating to a prosthesis. 2. Of or relating to prosthetics. prosthetic serving as a substitute; pertaining to prostheses or to prosthetics. parts including ceramic abutments, devices, associated tools, and internally irrigated drills and reamers. The Company markets its product line domestically direct to the end user, internationally via select distributors and majority owned entities. About Capitalink, L.C. Capitalink, L.C. (www.capitalinklc.com) is one of South Florida's leading investment banking firms. Its team of seasoned professionals possesses diverse expertise in corporate structuring and finance, financial analysis, mergers and acquisitions, going private transactions, and business management. Employing these disciplines, the company provides publicly and privately held businesses and emerging growth companies with a broad range of objective and independent investment banking and advisory services -- without distractions or conflicts from other business activities, such as research, retail brokerage or trading. Capitalink's services include strategic financial guidance and hands-on assistance in mergers and acquisitions; financial transaction analysis and rendering fairness opinions and valuations; restructurings; and raising capital and other corporate financing activities. |
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