CSMG Technologies Retains ROI Group Associates as Investor Relations Counsel.
CSMG President and CEO Donald S. Robbins said, "Two of our patented technologies, purification of landfill gas to pipeline quality gas and unique live tissue connecting devices, are moving closer to commercialization. Based on the potential of these two leading-edge technologies, and growing visibility within their target markets, we have retained ROI Group Associates to implement a comprehensive, proactive investor relations program. Their experience working with companies such as ours, makes ROI Group a perfect fit as a long-term solution to our investor relations needs."
"CSMG's Live Tissue Connect technology has been used in more than 6,000 surgical procedures outside the U.S., and CSMG is poised to apply for regulatory approval for its use in the U.S. The potential for the Live Tissue Connect could be enormous as a replacement for surgical staples, sutures, sealants and other inadequate solutions currently used. Additionally, CSMG' s CO 2 separator for land fill gas is very promising as a cutting edge renewable energy technology. It is exceptionally rare to see two such diverse and promising technologies in one public company, let alone one as small as CSMG, leaving us very enthusiastic about our new role as investor relations counsel for CSMG, stated Robert Giordano, President of ROI Group Associates".
About CSMG Technologies, Inc.
CSMG Technologies is a technology management company that finances, owns, develops, licenses and markets innovative advanced technologies and business opportunities created in the Ukraine through a network of scientific institutes and private organizations. CSMG has three subsidiaries, Live Tissue Connect, Inc., CSMG Gastech, LLC and Anaerobic Farm Waste, Inc. For further information on CSMG Technologies and it's various subsidiaries, please visit our website at www.ctum.com.
This press release may contain forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934 as amended (the Exchange Act), including all statements that are not statements of historical fact regarding the intent, belief or current expectations of the company, its directors or its officers with respect to, among other things: (i) the company's financing plans; (ii) trends affecting the company's financial condition or results of operations; (iii) the company's growth strategy and operating strategy; and (iv) the declaration and payment of dividends. The words ``may,'' ``would,'' ``will,'' ``expect,'' ``estimate,'' ``anticipate,'' ``believe,'' ``intend'' and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors.
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|Date:||Jul 13, 2006|
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