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American Scientific Resources, Inc. (ASFX.PK)

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American Scientific Resources Signs Letter of Intent to Acquire Intellectual Property

* Press Release
* Source: American Scientific Resources, Inc.
* On Wednesday August 26, 2009, 2:46 pm EDT

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Companies:
o American Scientific Resources, Inc.

WESTON, Fla., Aug. 26 /PRNewswire-FirstCall/ -- American Scientific Resources, Inc. (Pink Sheets: ASFX - News; the Company), today confirmed that it has signed a letter of intent to acquire the intellectual property to the Disintegrator home needle destruction device (NDD) (U.S. Patent No. 6,384,362 Patent Application No.: 09/500,504).

American Scientific Resources will, upon closing, hold the rights to the patent, a property of Safeguard Medical Technologies. The Company is seeking the rights to the patent as part of ASR's plan to introduce the product commercially in the fall of 2009. Specific terms have not been disclosed pending successful negotiation of the agreement.

Currently the only FDA approved NDD for home use, the Disintegrator enables patients who give themselves injections, including those suffering from multiple sclerosis or diabetes, to properly and safely dispose of needles at home. The device is approved by the EPA and the American Diabetes Association.

Safeguard has already delivered a purchase order for 5000 units to one of the world's leading healthcare enterprises in March of 2009; since then, the global enterprise has placed an additional order for 2000 units which American Scientific Resources will fill. Safeguard practices a form of just-in-time productivity, matching production to its needs based on order size. In order to achieve fulfillment, production is planned to ramp up by year's end with full production capability exceeding 20,000 units per month.

A congressional bill (S, 1312) is pending which would amend Title XVIII of the Social Security Act to provide for coverage, as supplies associated with the injection of insulin, of containment, removal, decontamination, and disposal of home-generated needles, syringes, and other sharps through a sharps decontamination/destruction device or similar program under part D of the Medicare program.

About American Scientific Resources, Inc.

American Scientific Resources, Inc. is a holding company for two wholly owned subsidiaries, Kidz-Med, Inc. and Heart Smart System. The Company's objective is to locate and acquire innovative health and safety products that are successfully sold abroad, and to introduce and promote them to the North American market.

More information about the Company, including financial information, can be found on the ASFX web site at www.americansci.com. For product information, visit the Company's subsidiary, Kidz-Med, Inc. at www.kidzmed.com.

Safe Harbor

This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions.

Contact
AudioStocks.com
Ronald Garner
Investor Hotline:
619-293-0621
ron@bcgu.com
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iets aan de hand,gaat lekker schiet omhoog nu al +25% en als die door de 0.01 gaat !!!!!!!!
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welshterrier 5
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koers klopt niet vlg yahoo

AMER SCIENTIFIC RES INC (Public, PINK:ASFX) Watch this stock Find similar stocks Find more results for ASFX ASFX 0.0090 -2.17%


0.0090

zou wel leuk zijn geweest............. vergissing v d bank in uw voordeel
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Kidz-Med Inc. Receives Large Purchase Order Leading to Substantial Sales Increase at Beginning of Cough and Cold Season
Kidz-Med Thermofocus 5-in-1 Non-Contact Thermometer Demand

* Press Release
* Source: Kidz-Med Inc.
* On Tuesday September 8, 2009, 11:34 am EDT

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Companies:
o American Scientific Resources, Inc.

WESTON, Fla., Sept. 8 /PRNewswire/ -- Kidz-Med Inc., a subsidiary of American Scientific Resources, Inc. (Pink Sheets: ASFX - News) and leading U.S. child health and safety product supplier, has announced that they have received a large Purchase Order for Thermofocus units, leading to a significant increase in Thermofocus sales at the start of the cough and cold season for the first week of September 2009 versus the same period in 2008.

According to the Company's unaudited books, during the first week of September 2008, ASR brought in approximately $270.00 in Thermofocus sales, and this year, during the same week, Thermofocus sales are expected to be approximately $30,800.00, of which the majority is attributed to a large sale from Martin Tsai, the President of the Taiwan Center, Inc. of Flushing, NY. The Taiwan Center is a non profit dedicated to helping the well-being of the public worldwide, particularly Taiwanese, by providing services that will ultimately sustain and enhance their lives. The sales revenues noted were derived online and from Babies "R" Us, with online sales holding the majority of the percentage.

American Scientific's CEO, Dr. Christopher F. Tirotta comments: "The start of the cough and cold season this year is much different from that of last year. Many government agencies worldwide are alerting the public to have emergency plans ready and to include getting safety and emergency preparation kits."

"We are excited to have succeeded in receiving a large PO from the Taiwan Center, and hope that our product continues to be seen as an essential item to include in any pandemic preparatory plan," he continues.

In June, ASR reported a historical achievement of receiving $30,000 in online revenue within a month and a half, attributing the success to PR, social media and SEO/SEM tactics which enabled people to find them as a go-to resource. The Company attributes the week's success to the same efforts.

The Kidz-Med Thermofocus, which was used by medical personnel in Asia during the SARS epidemic (See BBC article: news.bbc.co.uk/2/hi/business/2986469...., is an ideal instrument to use to diagnose fevers associated with the flu since it has absolutely no contact with the skin, making for a completely hygienic and non-invasive experience; a reading is taken in a second and the thermometer is clinically proven to be accurate and safe.

About Kidz-Med, Inc.

A division of American Scientific Resources, Inc., Kidz-Med, Inc., was founded in 1993 by Dr. Christopher F. Tirotta to create children's pre-operative educational videos "A Hospital Trip With Dr. Bip" and "Dr. Bip's New Baby Tips". Today, Kidz-Med, Inc. is leading the pediatric and children's health and safety products industry in innovation by providing the most revolutionary patented family-friendly products sourced from around the globe to help keep children safe and parents reassured. For additional information, visit www.kidzmed.com or www.americansci.com.

Safe Harbor

This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions.

Contact
AudioStocks.com
Ronald Garner
Investor Hotline:
619-293-0621
ron@bcgu.com
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quote:

rac69 schreef:

zit er weer eentje verkeert met zijn nullen hahah.

0,0009 -0,0067 -88,16%
vreemd staat nog steeds zo????????
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Bij Binck ook, zal wel een foutje zijn want op google zie ik hem op 0,0094 net een order geplaatst op 0,001 maar die pakt die niet.
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quote:

Noraku68 schreef:

Bij Binck ook, zal wel een foutje zijn want op google zie ik hem op 0,0094 net een order geplaatst op 0,001 maar die pakt die niet.
precies hetzelfde gedaan bij BINCK, jammer foutje van BINCK. Grrr
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quote:

rorobro schreef:

[quote=Noraku68]
Bij Binck ook, zal wel een foutje zijn want op google zie ik hem op 0,0094 net een order geplaatst op 0,001 maar die pakt die niet.
[/quote]

precies hetzelfde gedaan bij BINCK, jammer foutje van BINCK. Grrr
Nu weer normaal 0,0085
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