DALLAS, April 4, 2005 (PRIMEZONE) -- TalkingStocks.com has issued an updated Profile report on Biophan Technologies, Inc. (OTCBB:BIPH) in response the Company's announcement that it has been awarded two new patents in the fields of photonic-based leads and electromagnetic shielding assembly. Both technologies are important to the further development of real-world solutions for MRI safety and imaging compatibility. The report is authored by Senior Analyst, Shailesh Dhuri, CFA.
In the report, Mr. Dhuri writes, "Though considered biologically harmless, MRI may cause thermal injuries when combined with EKG. However, thermal injuries associated with EKG monitoring can be virtually eliminated by using fiber optic MRI-compatible cables. As the popularity of MRI as a diagnostic solution increases, manufacturers of EKG devices will be under active pressure from the medical community to make their devices MRI-safe. We believe that this may represent an attractive opportunity for Biophan."
Mr. Dhuri continues, "Biophan is continuing to expand its patent portfolio. The value of this large portfolio can be considered to be quite substantial, as the technologies covered in the patents have wide commercial applications in many biomedical devices ranging from pacemakers to EKG devices."
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Cautionary Statement Regarding Forward-Looking Statements Safe Harbor Statement Under the Private Securities Litigation Act of 1995 -- With the exception of historical information, the matters discussed in this press release are forward-looking statements that involve a number of risks and uncertainties. The actual future results of TEQI could differ significantly from those statements. Factors that could cause actual results to differ materially include risks and uncertainties such as the inability to finance the company's operations or expansion, inability to hire and retain qualified personnel, changes in the general economic climate, including rising interest rate and unanticipated events such as terrorist activities. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "expect," "plan," "anticipate," "believe," "estimate," "predict," "potential" or "continue," the negative of such terms, or other comparable terminology. These statements are only predictions. Although we believe that the expectations reflected in the forward-looking statements are reasonable, such statements should not be regarded as a representation by the Company, or any other person, that such forward-looking statements will be achieved. We undertake no duty to update any of the forward-looking statements, whether as a result of new information, future events or otherwise. In light of the foregoing, readers are cautioned not to place undue reliance on such forward-looking statements. For further risk factors see the risk factors associated with our Company, review our SEC filings.
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