Golden Valley Development, Inc. Announces Appointment of Leading Dental Materials Scientist to Advisory Board
February 07 2012 - 3:00AM
Business Wire
Golden Valley Development, Inc. (OTC:
GVDI) (www.goldenvalleydev.com) is pleased to announce the
appointment of John Powers, Ph. D., to its recently-formed Advisory
Board. Dr. Powers has been involved in the development of the
PercuGuardTM needlestick prevention device and will be instrumental
in ensuring the device’s successful near-term introduction into
broad dental and medical use in applications where superior
protection from exposure to blood borne pathogens is a critical
need.
Dr. Powers, an internationally respected dental materials
scientist, holds multiple professorships at renowned dental schools
in Texas, Michigan, and Germany. He publishes a widely-read dental
materials newsletter, The Dental Advisor, and has authored or
co-authored over 1,000 scientific articles, textbooks, and other
dental industry publications. Additional information about Dr.
Powers is available at www.goldenvalleydev.com/management.
Kevin Sorrels, D.D.S., CEO of GVDI, stated, “We are excited and
honored to add John to our Advisory Board, as he has played an
instrumental role in the original research and product development
that resulted in successful field trials, patent approval and FDA
clearance of the first generation Percuguard finger sleeve.”
“I am pleased to be able to see this exciting product through to
its successful global introduction as it provides a workable
solution to the issue of accidental needlesticks in medical
applications where other approaches just don't work as well,” said
Dr. Powers.
GVDI expects to complete final production engineering of the
Percuguard needlestick protection sleeve in early 2012, followed by
its global introduction into dental, medical and ambulatory
applications. Market research indicates that there are an estimated
20 billion potential applications per year for the single-use
disposable device.
About Golden Valley Development,
Inc.
Golden Valley Development, Inc. is a publicly-traded product
development and technology licensing company based in Clearwater,
FL. Through two of its wholly-owned subsidiaries, its business plan
is to manufacture and market patented products in the health care
and home consumer markets, beginning with its first two products,
“Cut Stop”TM and “PercuGuard”TM.
Forward-Looking Statements
Portions of this press release contain forward-looking
statements and involve risks and uncertainties that could
materially affect expected results of operations, liquidity, cash
flows and business prospects.
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