Aethlon Medical Releases Shareholder Letter
September 15 2009 - 8:00AM
PR Newswire (US)
SAN DIEGO, Sept. 15 /PRNewswire-FirstCall/ -- Aethlon Medical,
Inc., (OTC Bulletin Board: AEMD) disclosed today that its Chairman
and CEO, James A. Joyce has issued the following letter to
shareholders. (Logo:
http://www.newscom.com/cgi-bin/prnh/20090325/LA88762LOGO-b) To our
Shareholders: In advance of tomorrow's annual meeting, I wish to
thank those shareholders who returned proxies supporting measures
to re-elect our board of directors, reappoint our auditors, and
increase the authorized shares of our common stock. The results of
your votes will be tabulated during our meeting and disclosed
shortly thereafter. I would also like to take this opportunity to
disclose that our manufacturing program with Bioserv/NextPharma
Technologies is now underway, and that infectious disease
researchers have provided initial verification that our
Hemopurifier(R) is able to capture the emerging H1N1 swine flu
virus. We are additionally honored to reestablish a cooperative
research and development agreement with the U.S. Army Medical
Research Institute of Infectious Diseases (USAMRIID) that will
continue our research into treating Ebola and other highly lethal
pathogens. While I am pleased we have advanced these initiatives,
our primary focus remains directed towards leveraging our
therapeutic opportunity in Hepatitis-C care and establishing
strategic relationships that will maximize long-term economic value
for shareholders. In this regard, we are actively pursuing
relationships that offer to augment or significantly expand our
clinical, distribution, and manufacturing capabilities. However, I
want to stress the complexity underlying any such relationship
should not be underestimated. We face issues that include
competition between players in the medical device space, scaling of
manufacturing at feasible costs, and developing appropriate
distribution channels in a variety of markets. Additionally, we
maintain a firm stance that Aethlon Medical shareholders should
maintain 100% ownership of our Hemopurifier(R) technology.
Regardless of these challenges, I am increasingly confident that we
will establish relationships that provide us the foundation to
transition our science into a successful business enterprise. On
behalf of our dedicated team at Aethlon Medical, I thank you for
your continued support and look forward to meeting those of you who
attend tomorrow's meeting. Very truly yours, James A. Joyce
Chairman, CEO Certain of the statements within this shareholder
letter may be forward-looking and involve risks and uncertainties.
Such forward-looking statements involve assumptions, known and
unknown risks, uncertainties and other factors which may cause the
actual results, performance or achievements of Aethlon Medical, Inc
to be materially different from any future results, performance, or
achievements expressed or implied by the forward-looking
statements. Such potential risks and uncertainties include, without
limitation, the Company's ability to raise capital when needed, the
Company's ability to complete the development of its planned
products, the ability of the Company to obtain FDA and other
regulatory approvals permitting the sale of its products, the
Company's ability to manufacture its products and provide its
services, the Company's ability to forge corporate partnerships on
terms acceptable to the Company or at all, the impact of government
regulations, patent protection on the Company's proprietary
technology, product liability exposure, uncertainty of market
acceptance, competition, technological change, and other risk
factors. In such instances, actual results could differ materially
as a result of a variety of factors, including the risks associated
with the effect of changing economic conditions and other risk
factors detailed in the Company's Securities and Exchange
Commission filings. Contacts: Jon Cunningham RedChip Companies Inc.
(407) 644-4256 (407) 491-4498 -cell or Jim Joyce Chairman, CEO
858.459.7800 x301 Jim Frakes Senior VP Finance 858.459.7800 x300
http://www.newscom.com/cgi-bin/prnh/20090325/LA88762LOGO-b
http://photoarchive.ap.org/ DATASOURCE: Aethlon Medical, Inc.
CONTACT: Jon Cunningham, RedChip Companies Inc., +1-407-644-4256,
cell, +1-407-491-4498, or ; Jim Joyce, Chairman, CEO,
+1-858-459-7800, ext. 301, , Jim Frakes, Senior VP Finance,
+1-858-459-7800, ext. 300, , both of Aethlon Medical, Inc. Web
Site: http://www.aethlonmedical.com/
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