BioShield Technologies Inc. Lands Three New Retail Grocery Accounts Estimated to be Worth $1.2 Million Over the Next 12 to 24 Months.NORCROSS, Ga.--(BUSINESS WIRE)--March 10, 1999--BioShield Technologies Inc. Wednesday announced that it has reached an agreement with three grocery retailers to produce a private label product utilizing the company's proprietary technology. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. A.C. Nielson figures, this new and growing product within the laundry Laundry can be:
Before industrialization category has rapidly achieved approximately $40 million in sales within grocery chains over the last 26 weeks. 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. of BioShield Technologies, Timothy Moses, said: "According to our preliminary order placements made by these retailers, BioShield estimates sales to amount to $1.2 million within the next 12 to 24 months. The first of these orders will begin shipping in the beginning of next quarter." Moses added, "In alignment with our strategic plans for growth, BioShield hopes to continue making further announcements like this in our retail division in the near future." BioShield Technologies 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 CIRCUMSTANCES, evidence. The particulars which accompany a fact. 2. The facts proved are either possible or impossible, ordinary and probable, or extraordinary and improbable, recent or ancient; they may have happened near us, or afar off; they are public or 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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