Veridien Makes Strategic Investment in Anti-Infectives/Drug Development Company.Business Editors ST PETERSBURG, Fla.--(BUSINESS WIRE)--Feb. 24, 2004 Veridien Corporation (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :VRDE VRDE Vehicle Research and Development Establishment (India) ): -- Highlights -- Investment creates new product pipeline synergistic to patented products now being marketed by Veridien and its strategic distribution team -- Anti-Infectives/Drug Development Company specializes in development of Anti-Infective products which kill and retard the regrowth Re`growth´ n. 1. The act of regrowing; a second or new growth. The regrowth of limbs which had been cut off. - A. B. Buckley. of infective micro-organisms -- New Anti-Infectives are expected to last up to days, months, or years on treated surfaces Veridien Corporation (OTCBB:VRDE) has made an initial strategic and equity investment in a private Anti-Infectives/Drug Development Company (ADDC). Veridien's focus is on anti-infectives - quickly killing bacteria, mold, mildew and viruses - through its Patented Viraguard(R) product line of proprietary alcohol based liquid and towelette tow·el·ette n. A small, usually moistened piece of paper or cloth used for cleansing. antiseptics and disinfectants. ADDC is developing complementary technologies of safe, potent, long lasting products that are expected to not only kill but retard the regrowth of infective microbials for days, weeks, months and possibly even years. This organization intends to focus its technology on the development of unique anti-microbials (bacteria, mold, yeast) and anti-infectives which are expected to feed the Veridien product pipeline and growing distribution channels. This management team has begun working with Veridien on its development projects and immediate marketing opportunities. Necessary regulatory approvals will be pursued by the joint highly qualified professional team. Dr. Jerry A. Moore, PhD (Biology), JD (Environmental Law), Chairman of Veridien's Scientific Advisory Board said, "We live in a highly infected world. We are vulnerable to infectious diseases that are being spread worldwide. Viraguard(R) Infection Control Products enhance protection against and helps minimize the spread of many of these diseases. With the development of new anti-infective technologies, Veridien has a significant opportunity to broaden its portfolio and add biostatic products that prevent growth of infective microbials to our current line of patented biocidal bi·o·cid·al adj. Of or relating to an agent that is destructive to living organisms. biocidal (bī´ōsī´d Infection Control Products." Dr. Moore served for more than 25 years with the EPA EPA eicosapentaenoic acid. EPA abbr. eicosapentaenoic acid EPA, n.pr See acid, eicosapentaenoic. EPA, n. , with 17 years in the Pesticide Programs Office in Washington, DC. He served in the Office of Research and Development in the EPA where he acted as liaison with other federal agencies. Dr. Moore has broad expertise in the field of pesticide science and governmental regulation of products used for environmental disinfection disinfection, n the process of destroying pathogenic organisms or rendering them inert. disinfection, full oral cavity, n a procedure used to reduce active periodontal disease, usually completed within a certain short time frame. . About Veridien: Veridien Corporation is a Health Care and Anti-Infectives Company focusing on Infection Control and other Healthy Lifestyle products. Veridien has developed patented and unique products including surface disinfectants, antiseptic hand cleansers, instrument presoak pre·soak tr.v. pre·soaked, pre·soak·ing, pre·soaks To soak (laundry) before washing. n. 1. The act or an instance of presoaking. 2. A liquid preparation in which laundry is presoaked. , and sun protectant protectant /pro·tec·tant/ (pro-tek´tant) protective. protectant, protective 1. affording defense or immunity. 2. an agent affording defense against harmful influence. products. The flagship product, Viraguard(R) Hospital Disinfectant/Cleaner and Instrument Presoak is a skin friendly, patented, U.S.- EPA and Health Canada registered, surface disinfectant. Viraguard(R) Antiseptic Hand Gel, Viraguard(R) Antiseptic Hand Spray and Viraguard(R) Antiseptic Hand Wipes are U.S.- 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. and Health Canada drug listed products utilizing Veridien's patented Virahol(R) formulation. Look for Veridien at http://www.veridien.com Special Note: Forward-looking statements in this press release are made pursuant to the "safe-harbor" provisions 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. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, market acceptance of, and demand for, the Company's products, manufacturing, development and distributor issues, product pricing, competition, funding availability, technological changes and other risks not identified herein. The Company disclaims any intent or obligation to update any forward-looking statements. "HEALTHY LIVING IS AN ADVENTURE - LET VERIDIEN GUIDE YOU" |
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