| An SI Board Since February 2005 |
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Biophan technologies, Inc., a developer of next-generation biomedical technology has announced they were issued two new patents by the U.S. Patent and Trademark Office that further extend the Company's competitive edge in the marketplace for their rapidly emerging field of magnetic resonance imaging (MRI) safety and image compatibility for surgical instruments and implanted devices.
"The positive progress and momentum Biophan achieved in 2004 has continued through the start of 2005, enabling us to execute several important strategic initiatives," said Michael Weiner, CEO of Biophan. "We've completed an important acquisition that provided new technologies,experiecnced high level staff personnel, and a European presence. Our intellectual property portfolio has continued to grow as we've added key patents. We have also executed a term sheet with a major manurfacturer of medical devices, and are currently working on closing documents in that transaction."
Biophan develops and markets cutting edge technologies to make biomedical devices safe and compatible with MRI environment.
www.biophan.com
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