GeNOsys Inc. Acquires Its New Corporate Headquarters.PROVO Provo, city, United States Provo (prō`vō), city (1990 pop. 86,835), seat of Utah co., N central Utah, on the Provo River near Utah Lake; inc. 1851. , Utah -- GeNOsys (generated nitric oxide nitric oxide or nitrogen monoxide, a colorless gas formed by the combustion of nitrogen and oxygen as given by the reaction: energy + N2 + O2 → 2NO; m.p. −163.6°C;; b.p. −151.8°C;. systems) Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : GNYS), a medical research and development company specializing in pharmaceutical, biotechnical and medical gas generating systems, announces that the company has leased its new corporate headquarters in Provo, Utah. This location will provide administrative space in anticipation of hiring additional employees to assist with current and future product development and regulatory approval for its medical gas generating systems. Clark Mower mower, farm machine used for cutting grasses and other hay crops. Mowers, drawn by or attached to tractors, or self-propelled, have superseded scythes. The mower is essentially an adaptation of the much earlier reaper. The first commercial mower was patented in 1847. , GeNOsys' director, stated, "We are excited to announce the signing of a lease enabling us to move into our new corporate headquarters. The site, located in Provo, Utah, is under a five-year lease with approximate square footage of 2,547 square feet. The office interior construction is expected to take approximately 8-10 weeks." GeNOsys Inc. (generated nitric oxide systems) is a medical research and development company specializing in pharmaceutical, biotechnical and medical gas generating systems. Nitric oxide gas will be one of the medical gases that will be generated along with various combinations of beneficial medical gases suitable for the control of human disease. GeNOsys management believes it can reduce regulatory time by "proving equivalence" to existing, FDA-approved nitric oxide compressed gas cylinders compressed gas cylinders, n.pl the color-coded storage cylinders containing either nitrous oxide (light blue) or oxygen (green or white) under pressure; used in controlled combination to induce conscious sedation. . Distribution will be accelerated through the use of already existing distribution networks that currently sell related respiratory products for others. For further information, see the company's Web site at: www.genosysusa.com. This press release may contain 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. including the company's beliefs about its business prospects and future results of operations. These statements involve risks and uncertainties. Among the important additional factors that could cause actual results to differ materially from those forward-looking statements are risks associated with the overall economic environment, changes in anticipated earnings of the company and other factors detailed in the company's filings with the SEC. In addition, the factors underlying company forecasts are dynamic and subject to change and therefore those forecasts speak only as of the date they are given. The company does not undertake to update them; however, it may choose from time to time to update them and if it should do so, it will disseminate dis·sem·i·nate v. dis·sem·i·nat·ed, dis·sem·i·nat·ing, dis·sem·i·nates v.tr. 1. To scatter widely, as in sowing seed. 2. the updates to the investing public. |
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