Micro Imaging Technology Announces Its New Trading Symbol: MMTC.LAGUNA HILLS, Calif. -- Micro Imaging Technology, Inc. ("MMTC MMTC Michigan Manufacturing Technology Center (MI, USA) MMTC Minority Media and Telecommunications Council MMTC Minerals and Metals Trading Corporation (India) MMTC Million Metric Tons of Carbon Equivalent "), formerly Electropure, Inc. ("ELTP ELTP Emergency Leave Transfer Program (US government) "), announced that NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on has issued a new trading symbol for its common stock effective at the open of the market today. The change comes as a result of approval by the Company's shareholders in October 2005 to amend the bylaws The rules and regulations enacted by an association or a corporation to provide a framework for its operation and management. Bylaws may specify the qualifications, rights, and liabilities of membership, and the powers, duties, and grounds for the dissolution of an and articles of incorporation The document that must be filed with an appropriate government agency, commonly the office of the Secretary of State, if the owners of a business want it to be given legal recognition as a corporation. to change its corporate name to Micro Imaging Technology, Inc. About Micro Imaging Technology: The Company has developed and patented a laser-based technology for rapid microbe microbe /mi·crobe/ (mi´krob) a microorganism, especially a pathogenic one such as a bacterium, protozoan, or fungus.micro´bialmicro´bic mi·crobe n. detection and identification. The system measures scattered light intensity as individual microbes pass through a laser beam. The intensity pattern of the scattered light is a direct consequence of the size, shape, and external and internal optical characteristics of the microbe. MIT MIT - Massachusetts Institute of Technology has demonstrated the ability to detect and immediately identify the microbes Escherichia coli, Listeria, Salmonella Staphylococcus aureus, Shigella shigella Any of the rod-shaped bacteria that make up the genus Shigella, which are normal inhabitants of the human intestinal tract and can cause dysentery, or shigellosis. Shigellae are gram-negative (see gram stain), non-spore-forming, stationary bacteria. S. and other pathogenic bacteria. The Company recently had its identification process verified by an independent, internationally recognized biological testing laboratory which designed and performed a comparative test that measured the accuracy, speed and efficiency of MIT's rapid microbe identification system against conventional gas chromatographic chro·mat·o·graph n. An instrument that produces a chromatogram. tr.v. chro·mat·o·graphed, chro·mat·o·graph·ing, chro·mat·o·graphs To separate and analyze by chromatography. and biological processes. The comparative tests were in a double-blind experiment, meaning that the independent laboratory technicians, using the MIT system and the well recognized alternative processes, were not aware of the various microbes' identity. The Test Report, in the Company's opinion, demonstrated the accuracy, speed and efficiency of the MIT system over conventional processes. The Report is available from the Company. This release contains statements that are forward looking in nature. Statements that are predictive in nature, that depend upon or refer to future events or conditions, or that include words such as "expects," "anticipates," "intends," "plans," "believes," "estimates" and similar expressions are forward-looking statements. These statements are made based upon information available to the Company as of the date of this release, and we assume no obligation to update any such forward-looking statements. These statements are not guarantees of future performance, and actual results could differ materially from our current expectations. Factors that could cause or contribute to such differences include, but are not limited to, dependence on suppliers; short product life cycles and reductions in unit selling prices; delays in development or shipment of new products; lack of market acceptance of our new products or services; inability to continue to develop competitive new products and services on a timely basis; introduction of new products or services by major competitors; our ability to attract and retain qualified employees; inability to expand our operations to support increased growth; and declining economic conditions, including a recession. These and other factors and risks associated with our business are discussed from time to time within our filings with the Securities and Exchange Commission. |
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