BioMag Changes Their Corporate Name to Biomagnetics Diagnostics Corporation, New Trading Symbol: BMGP.ORANGEVALE, Calif. -- BioMag Corporation (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). : BMGC) announced that effective today it has changed its name to Biomagnetics Diagnostics Corporation and the company's stock now trades under the new symbol BMGP. The company also has a new website address at: www.biomagneticsbmgp.com. Clayton Hardman, 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 Biomagnetics Diagnostics, stated, "This name change better describes who we are and the basis of our technology. Brand identity and corporate image reflection is important in this industry and we believe our new corporate name accomplishes this important aspect." About Biomagnetics Diagnostics Corporation Biomagnetics Diagnostics Corporation, through its wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , Biospectrum Technologies, Inc., a company that has designed and patented revolutionary diagnostic equipment and immunoassays, will identify market inadequacies and fill those needs with new technologies, and highly specific and sensitive assays that are qualitative (yes/no) and quantitative (viral Meaning "related or caused by a virus," with regard to computers and information technology, the term refers less to a computer virus than it does to information that spreads quickly via the Internet. See viral marketing and viral video. load/degree of infection), easily performed and cost effective. For more information please visit: www.biomagneticsbmgp.com Forward-Looking Statement 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. : This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended a·mend v. a·mend·ed, a·mend·ing, a·mends v.tr. 1. To change for the better; improve: amended the earlier proposal so as to make it more comprehensive. 2. , and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof here·of adv. Of this. hereof Adverb Formal or law of or concerning this Adv. 1. hereof - of or concerning this; "the twigs hereof are physic" . In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company's SEC filings. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements. |
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