AMDL Names New Chief Financial Officer
August 22 2006 - 2:30PM
PR Newswire (US)
TUSTIN, Calif., Aug. 22 /PRNewswire-FirstCall/ -- AMDL, Inc.
(AMEX:ADL), developer and marketer of tests for the early detection
of cancer and other serious diseases, announced today it has named
Akio Ariura, CPA, as the Chief Financial Officer. Mr. Ariura has
served a number of both private and public companies with special
projects in recent years, including Sarbanes-Oxley Compliance, U.S.
Securities & Exchange Commission filings, and project
management of mergers and acquisitions. Previously he was Vice
President, Sunvest Industries, LLC, Lake Forest, California where
he oversaw the review, development and implementation of yearly
budgets and developed internal controls for its operating
manufacturing entities. Mr. Ariura also served as Chief Financial
Officer for United States operations for Derlan Industries, Inc.,
Toronto, a Canadian manufacturer with subsidiaries in the U.S. He
is a graduate of the University of Southern California with a B.S.
in Business Administration. "We are especially pleased that Akio is
joining us, with his international experience, and believe that he
will be instrumental in helping to ensure AMDL's success in the
Asian and other foreign markets," said Gary Dreher, AMDL CEO. About
AMDL AMDL, Inc. (AMEX:ADL), headquartered in Tustin, California, is
a theranostics company, involved in the detection and treatment of
the same disease, cancer. AMDL is the inventor, developer and
worldwide marketer through exclusive distribution agreements of the
DR-70(R) non-invasive cancer blood test, which has demonstrated its
ability to detect the presence in humans of up to 13 cancers 84
percent of the time overall. In a study published in the Journal of
Immunoassay (1998, vol. 19, pp 63-72) DR-70(R) was shown to detect
at least 13 different types of cancer (lung, breast, stomach,
liver, colon, rectal, ovarian, esophageal, cervical, trophoblastic,
thyroid, malignant lymphoma, pancreatic) although the sample size
for 9 of the cancers was not statistically significant. Clinical
trials of DR-70(R) have been conducted in Canada, China, Germany,
Taiwan and Turkey. DR-70(R) can detect many kinds of cancer using a
single tube of blood, eliminating the need for costly, multiple
tests. AMDL also owns a combination immunogene therapy technology
that is a possible treatment for those already diagnosed with
cancer and could eventually be used as a vaccine to protect
patients known to be at risk because of a family history for
certain types of cancer. The combination therapy both builds the
body's immune system and destroys cancer cells. More information
about AMDL and its additional products can be obtained at
http://www.amdl.com/. Forward-Looking Statements Statements in this
press release may constitute forward-looking statements and are
subject to numerous risks and uncertainties, including the failure
to complete successfully the development of new or enhanced
products, the Company's future capital needs, the lack of market
demand for any new or enhanced products the Company may develop,
any actions by the Company's partners that may be adverse to the
Company, the success of competitive products, other economic
factors affecting the Company and its markets, and other risks
detailed from time to time in the Company's filings with the
Securities and Exchange Commission. The actual results may differ
materially from those contained in this press release. The Company
disclaims any obligation to update any statements in this press
release. Contact: AMDL, Inc. Gary L. Dreher President & CEO
(714) 505-4460 DATASOURCE: AMDL, Inc. CONTACT: Gary L. Dreher,
President & CEO of AMDL, Inc., +1-714-505-4460 Web site:
http://www.amdl.com/
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