BioShield Technologies, Inc. Cracks Into $544M Category with Initial Orders.NORCROSS, Ga.--(BUSINESS WIRE)--April 19, 1999-- BioShield Technologies, (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : BSTI BSTI Bangladesh Standards and Testing Institute BSTI Basic Scientific and Technical Information ) Inc. announces their entrance into a $544M product category with its patented technology against Procter & Gamble, with its first orders in Texas already shipped this month. Commenting, Co-Chairman, 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. Timothy C. Moses said: "This is a significant event for our company, as we are the first to offer a superior product. Independent testing proved BioShield's OdorFree product performed equal to or better than Febreze in eight categories. BioShield anticipates taking a 20% market share of this product category, as we are the first competitor with patented technology". BioShield Technologies, Inc. develops and markets antimicrobial antimicrobial /an·ti·mi·cro·bi·al/ (-mi-kro´be-al) 1. killing microorganisms or suppressing their multiplication or growth. 2. an agent with such effects. and biostatic products for retail sale and for use in the industrial, environmental, and medical markets. Statements in this news release that are not historical are 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. . These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those anticipated in any forward-looking statements, all of which are difficult to predict and many of which are beyond the control of the company, including, but not limited to, risks and uncertainties related to new developing technologies, dependence on collaborative partners, the inherent complexity and uncertainty regarding the development of products, BioShield's early-stage development, the result of research and development efforts, future capital needs, and the uncertainty of additional funding and government regulations and other factors which are detailed in the company's periodic reports and registration statements filed with the Securities and Exchange Commission. BioShield does not undertake to revise or update any forward-looking statement to reflect events or circumstances that may arise after 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" . |
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