EMFP...news...this should be MUCH higher:
(COMTEX) B: Emergency Filtration Products Invited to Apply for Navy-Funded
Technology Transfer Project EFP to Build Air Filter P
B: Emergency Filtration Products Invited to Apply for Navy-Funded Technology Tra
sfer Project EFP to Build Air Filter Prototypes for Multiple Potential Military
nd Homeland Security Uses
HENDERSON, Nev., Apr 19, 2004 (BUSINESS WIRE) -- Emergency Filtration Products
Inc. (EFP) (OTCBB: EMFP) announced that it has been invited to apply for
participation in a Navy-funded Technology Transfer project (Center of the
Commercialization of Advanced Technology (CCAT)) and the Office of Technology
Transfer and Commercialization (OTTC) which encompasses filter technology
products.
If selected and approved, EFP will build two filter product prototypes, both of
which will employ the company's patented 2H filter technology. One of the
prototypes will be built with the additional protection offered by the company's
proprietary nanotechnology process in which the filter prototype will be treated
with a coating of nano particles. The prototypes, which are expected to take
approximately one month to build, are designed for a large number of potential
applications, including, but not limited to: biohazard masks, transportation
(aircraft, tanks, armored personnel carriers) and buildings (military,
industrial, office and residential).
The prototypes will then be tested over a period that is expected to take one
month or less. Assuming the successful completion of prototype development and
testing, the filter products would then be produced by a U.S. Navy-approved
manufacturer.
About CCAT
The CCAT -- supported by Congress and funded by the Department of Defense -- is
a public-private collaborative partnership between academia, industry, and
government. Partners include San Diego State University (SDSU), Foundation and
Entrepreneurial Management Center, the University of California, San Diego
(UCSD) Jacobs School and UCSD CONNECT, and Lockheed Martin ORINCON Technologies
Inc. with support from the Space and Naval Warfare Systems Center, San Diego.
The consortium-style CCAT intends to bridge the gap that exists between the
generators of technology, the Department of Defense and the commercial
marketplace. Web site: www.ccatsandiego.org
About OTTC
California State University San Bernardino's Office of Technology Transfer and
Commercialization results from a public-private collaborative partnership of
academia, industry, and government. Its purpose is to assist in the movement of
technology from laboratory to commercial or military use. In order to accelerate
this transition, OTTC provides assistance in marketing assessments, business
plan development, product development, testing and evaluation, as well as
financial assistance. It provides the researcher with independent validation of
the technology and the market potential for the product. These services and
resulting reports help support the commercialization of the potential products.
Web site: www.ottc.csub.edu
About Emergency Filtration Products Inc.
EFP is an air filtration products manufacturer whose technology provides
filtration efficiencies of "greater than 99.99% at a particle size of 0.027
microns." Its initial products were developed for the medical market: the Vapor
Isolation Valve(TM); RespAide -- a CPR mask used for resuscitation of
respiratory/cardiac arrest cases; an A.E.D. prep kit; and the 2H Breathing
Circuit Filter. Each has received FDA approval. EFP's 2H NanoMask with 27
nanometers filtration capability relies on the company's core 2H Technology(TM)
filtration system, which utilizes a combination of hydrophobic and hydrophilic
filters able to capture and isolate bacterial and viral microorganisms with
efficiencies of 99.99%. The environmental mask utilizes the company's patented
2H Technology(TM) and nanotechnology to enhance the capture-and-isolation
characteristics of the filter media. In addition to filtration products, the
company also supplies Superstat, a modified hemostatic collagen, to the medical
market and U.S. military for extreme wound care.
Safe Harbor Statement
This release may contain statements that are forward looking. Such statements
are made based upon current expectations that are subject to risk and
uncertainty. EFP does not undertake to update forward-looking statements in this
news release to reflect actual results of and changes in assumptions or changes
in other factors affecting such forward-looking information. The actual future
results of the company could differ significantly from such forward-looking
statements. Specifically, successful production of the NanoMask products may not
translate into significant sales. Sales may be dependent on the success of
future marketing campaigns, the signing of definitive agreements with additional
distributors, and both the perceived need for EFP's products and the competitive
performance of such products in the marketplace.
SOURCE: Emergency Filtration Products Inc.
CONTACT: Emergency Filtration Products Inc.
Wendy Harper, 702-558-5164
Fax: 702-567-1893
contactus@emergencyfiltration.com
www.emergencyfiltration.com
or
WPH Consultants Ltd.
Investor Relations
Philippe Niemetz, 800-477-7570 or 212-344-6464
Fax: 212-509-2755
philippe.niemetz@wphconsultants.com
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Copyright (C) 2004 Business Wire. All rights reserved.
-0-
KEYWORD: NEVADA
INDUSTRY KEYWORD: MEDICAL
DEVICES
TRAVEL
TRANSPORTATION
GOVERNMENT
AEROSPACE/DEFENSE
PRODUCT
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