BRADENTON, Fla., Feb. 11, 2004 (PRIMEZONE) -- Power3 Medical Products, Inc. (OTCBB:PWRM) announced today that they are launching an aggressive program to seek and acquire innovative product and service companies in the healthcare and bio-tech sector. Tim Novak, Chairman and CEO of the company stated, "The time is right for Third Power Medical Products to broaden its vision by creating a value driven holding company capable of incubating new venture partners to commercial viability."
Power3 Medical Products (pronounced "Third Power Medical Products") has a strategic focus to acquire, create and deploy innovative healthcare and bio-tech products and service solutions that clearly enhance the effectiveness, viability and well-being of those they serve on a worldwide scale. Management projects that, with the new merger and acquisition efforts, the Company will have several meaningful options available by the end of the second quarter of 2004, providing the Company enhanced diversification and revenue opportunities.
For additional information please see, www.power3medical.com.
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