Biomoda, Inc., Maker of Early Lung Cancer Detection Test, Retains Northport Associates for Government Relations and Public Affairs Services.ALBUQUERQUE, N.M. -- Biomoda, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : BMOD) of Albuquerque, NM, maker of early lung cancer lung cancer, cancer that originates in the tissues of the lungs. Lung cancer is the leading cause of cancer death in the United States in both men and women. Like other cancers, lung cancer occurs after repeated insults to the genetic material of the cell. detection testing and other cancer diagnostic technology, announced its agreement with Northport Associates to direct Biomoda's government and public affairs Those public information, command information, and community relations activities directed toward both the external and internal publics with interest in the Department of Defense. Also called PA. See also command information; community relations; public information. efforts. Northport will spearhead Biomoda's state and federal lobbying to secure funding for its programs to screen military personnel and veterans for lung cancer using Biomoda's proprietary assay. Biomoda trades on NASDAQ's OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. : ticker symbol Ticker Symbol An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors "BMOD". "We are extremely proud to assist Biomoda when speaking with state and federal lawmakers in support of the company's medical breakthrough technology," said Maria Zannes, a principal of Northport Associates. Ms. Zannes, an attorney, and Northport principal Thomas Peacock will manage communications and outreach. Each have more than 30 years experience on Capitol Hill, the White House and private industry directing public policy issues. "Over the next six years, the Lung Cancer Alliance estimates that a million Americans will die from lung cancer," said Mr. Peacock, who will be managing federal communication with the Congress and the Administration. "Biomoda's technology can greatly help in the battle against cancer by providing early detection for better treatment. Several proposals under legislative review will work with active military and veterans to provide broad-base cancer screening for these brave men and women who now face an even greater risk from lung cancer." The Mayo Clinic, one of the premier healthcare and research institutions in the world, and the Company are jointly conducting a broad validation study of Biomoda's patented technology, a non-invasive cytology cytology (sītŏl`əjē), in biology, the study of the structure of all normal and abnormal components of cells and the changes, movements, and transformations of such components. based lung cancer diagnostic assay. Biomoda's technology is based on a patented porphyrin application that preferentially binds to cancerous or aberrant cells extracted from lung sputum sputum /spu·tum/ (spu´tum) [L.] expectoration; matter ejected from the trachea, bronchi, and lungs through the mouth. sputum cruen´tum bloody sputum. samples. Cancerous cells glow red under fluorescent light to allow detection under a microscope. The patented technology, a non-invasive cytology based assay, is designed for cancer screening of large populations at a reasonable cost. Current diagnostic methods for lung cancer, including CT scans and X-rays, often detect the disease only at more advanced stages and are relatively expensive. Lung cancer claims more lives than any other cancer. The expected 5-year survival rate for all patients combined in whom lung cancer is diagnosed is 15 percent and by contrast, the 5-year survival rate for cases detected when the disease is still localized is 50 percent. At the present time, only 16 percent of lung cancer cases are diagnosed at this early stage. "Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " Statement: This press 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. These statements are based on management's current expectations and are subject to uncertainty and changes in circumstances. Actual results may vary materially from expectations contained herein. Biomoda is under no obligation to (and expressly disclaims any such obligation) update or alter its forward-looking statements, whether as a result of new information, future events or otherwise. |
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