National Scientific (NSC) Signs a Binding Letter of Intent With Siagri International, Inc.
PHOENIX, June 23 /PRNewswire/ -- Company Chairman & CEO Lou Ross reports on significant developments taking place in the Company:
Terms of the agreement include a non-exclusive cross-licensing clause wherein Siagri will include the NSC high frequency distributed amplifier as a component of Siagri's microwave generator devices. The royalties to be paid to NSC (OTC Bulletin Board: NSCT - news) will be 5% of the NSC amplifier's contribution to the generator ''gross sale price.''
To expedite the project, Siagri has contracted with NSC's lead technical consultant, Dr. El-Sharawy, to design and build a prototype amplifier for use in their devices. NSC has a patent pending for the amplifier that will provide the performance and reliability critical for their product applications.
NSC's amplifier has the following advantages:
A. Increases gain while stability is maintained.
B. Increases output power for the same input.
C. Improves linearity at full output power.
NSC has signed a mutual non-disclosure agreement with Siagri. However, Richard Besserman, MD, the CEO of Siagri, has disclosed Siagri's activity is in the effectiveness of electromagnetic treatment in human medicine, veterinary medicine, food safety and agriculture. Siagri will conduct experiments at two major universities to determine the effects of controlled microwave energy on disease causing bacteria and viruses.
Also, funds have been committed for the design & prototype of a lower frequency distributed amplifier and is expected to be completed in the next few weeks. This new design has several features making it very attractive for wireless applications.
For an updated status report on other projects, please contact the Director of Communications.
SOURCE: National Scientific Corporation |
