CytoCore, Inc. Establishes New Office in Bio-Pharma Hub.e2 Collector(TM) and Other Reproductive Cancer Screening and Treatment Tools Move Toward Distribution PRINCETON, N.J. -- Please replace the release with the following corrected version due to multiple revisions. The corrected release reads: CYTOCORE, INC inc - /ink/ increment, i.e. increase by one. Especially used by assembly programmers, as many assembly languages have an "inc" mnemonic. Antonym: dec. . ESTABLISHES NEW OFFICE IN BIO-PHARMA HUB e2 Collector(TM) and Other Reproductive Cancer Screening and Treatment Tools Move Toward Distribution CytoCore, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CYCR), the late-stage bio-scientific research and medical device company for early reproductive cancer treatment, today announced the opening of its new office in this well-known hub for leading-edge solutions to women's health Women's Health Definition Women's health is the effect of gender on disease and health that encompasses a broad range of biological and psychosocial issues. issues. "As our suite of early screening, diagnostic and treatment tools moves from the research to production stage, CytoCore wants to be poised to tap into the extensive concentration of capabilities in New Jersey's thriving bio-pharmaceutical business community," said Dr. Augusto Ocana, the Company's chief executive officer, who will be based in the new Princeton, N.J., office. "We're positioning ourselves for an optimal transition into the distribution phase for our endometrial endometrial /en·do·me·tri·al/ (en?do-me´tre-il) pertaining to the endometrium. endometrial, n relating to the end-ometrium or cavity of the uterus. , uterine and cervical cancer Cervical Cancer Definition Cervical cancer is a disease in which the cells of the cervix become abnormal and start to grow uncontrollably, forming tumors. products." Currently engaged in clinical trials for an upgrade to the FDA-cleared e2 Collector sampling device, CytoCore expects upon FDA FDA abbr. Food and Drug Administration FDA, n.pr See Food and Drug Administration. FDA, n.pr the abbreviation for the Food and Drug Administration. clearance to be in production by early summer. The new balloon sampling method -- the first significant upgrade to the Pap test Pap test, Pap smear, or Papanicolaou test (păp'ənē`kəlou), medical procedure used to detect cancer of the uterine cervix. in 50 years -- is designed to enhance the thoroughness and consistency of cell collections for the Pap smear Pap smear or Papanicolaou smear Sample of cells from the vagina and cervix of the uterus for laboratory staining and examination to detect genital herpes and early-stage cancer, especially of the cervix. Developed by the Greek-born U.S. performed annually on some 180 million women worldwide. Feasibility studies are underway to evaluate the use of cells collected by the e2 Collector for HPV HPV human papillomavirus. HPV abbr. human papilloma virus Human papilloma virus (HPV) testing. "We expect to be ready for volume production by mid-summer, producing up to 800,000 units a month on one shift," Dr. Ocana said. "Not only will we be offering a more cost-effective sample collection method, we're also improving the patient's comfort through our new, non-invasive collection procedure and the physician's confidence in the quality of that sample. We believe that our niche strategy will allow us to drive our products into the markets worldwide." CytoCore's new office is located at: 212 Carnegie Center, Suite 206 Princeton, N.J. 08540 Telephone: 609.524.2570 Facsimile: 609.520.8731 For further information about the e2 Collector and CytoCore's full suite of products for the early screening, diagnoses and treatment of reproductive cancers, visit www.CytoCoreInc.com. About CytoCore Inc. CytoCore develops cost-effective cancer screening systems, which can be utilized in a laboratory or at the point-of-care, to assist in the early detection of cervical, endometrial, and other cancers. The InPath(TM) System is being developed to provide medical practitioners with highly accurate, low-cost, cervical and uterine cancer uterine cancer Malignant tumour of the uterus. Cancers affecting the lining of the uterus (endometrium) are the most common cancers of the female reproductive tract. screening systems that can be seamlessly integrated into existing medical models. More information is available at: www.CytoCoreInc.com. Certain statements in this release are forward-looking. These statements are based on CytoCore's current expectations and involve many risks and uncertainties, such as the company's inability to obtain sufficient financing, the possibility that clinical trials will not substantiate CytoCore's expectations with respect to the InPath(TM) System, and other factors set forth in reports and documents filed by CytoCore with the Securities and Exchange Commission. Actual results may differ materially from CytoCore's current expectation depending upon a number of factors affecting the Company's business. These factors include, among others, risks and uncertainties detailed in the Company's periodic public filings with the Securities and Exchange Commission, including but not limited to the Company's Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the year ended December 31, 2005. Except as expressly required by law, CytoCore undertakes no obligation to publicly update or revise any forward-looking statements contained herein. |
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