WayPoint Biomedical Receives Orders to Test Market Drink Spiking Detection Kit, Drink Detective(TM)
March 01 2006 - 6:15AM
PR Newswire (US)
Canadian Pharmaceutical Retail Groups Place Test Market Orders for
Product Designed to Detect Over 60 Date-Rape Drugs in 30 Seconds.
HUNTINGTON BEACH, Calif., (GVIPT), March 1 /PRNewswire-FirstCall/
-- WayPoint Biomedical, Inc. (OTC:WYPH) receives test market orders
for Drink Detective(TM) from two key Canadian Retail Pharmacy
groups, United Pharmacies in Saskatchewan and Procurity Pharmacy
Service Chain Stores in Manitoba. WayPoint Director of Sales and
Marketing, Phill Richer, remarks, "With over 260 combined stores,
the acceptance to test market the Drink Detective date-rape drug
detection kit by these two pharmacy chains marks WayPoint's first
success entering the OTC retail field in Canada." Sales and
Marketing Director for recently retained internet marketing firm,
Global VIP Traffic, by WayPoint states, "We are eager to become a
part of this company's marketing efforts. They are consistently
offering high quality products that focus on not only providing
solutions, but a higher level of education as well." About WayPoint
Biomedical WayPoint Biomedical, Inc., a wholly owned subsidiary of
WayPoint Biomedical Holdings, Inc. (OTC:WYPH), is an innovative
biomedical technology firm, specializing in diagnostic tests and
devices for screening and monitoring human health, fitness and
environment. The Company develops and markets cutting-edge
disposable rapid tests that offer both a preliminary diagnostic
screen to specific conditions, along with a future path for
consumers, medical providers, and first responders to follow
regarding their health status or environmental condition.
WayPoint's unique and affordable home-based and on-site tests are
focused on detecting the cause of a disease or pathogen, as opposed
to determining the symptom; becoming a part of the solution to help
reverse the escalating cost of Healthcare. The Company's primary
target sectors are the Over the Counter (OTC) Self-Testing Market,
the Diagnostic Point of Care (POC) Testing Market, and the Homeland
Security & Defense Market; three of the fastest growing areas
in all of diagnostic medicine and science. For more information on
WayPoint Biomedical, visit http://www.waypointbiomedical.com/,
http://www.drinkdetectiveusa.com/. Included in this release are
certain "forward-looking" statements, involving risks and
uncertainties, which are covered by the safe harbor provisions of
the Private Securities Litigation Reform Act of 1995, including
statements regarding WayPoint's performance. Such statements are
based on management's current expectations and are subject to
certain factors, risks and uncertainties that may cause actual
results, events and performance to differ materially from those
referred to or implied by such statements. In addition, actual
future results may differ materially from those anticipated,
depending on a variety of factors, including continued maintenance
of favorable license arrangements, success of market research
identifying new product opportunities, successful introduction of
new products, continued product innovation, the success of
enhancements to WayPoint's brand image, sales and earnings growth,
ability to attract and retain key personnel, and general economic
conditions affecting consumer spending, including uncertainties
relating to global political conditions, such as terrorism. Readers
are cautioned not to place undue reliance on these forward-looking
statements, which speak only as of the date hereof. WayPoint
Biomedical does not intend to update any of the forward-looking
statements after the date of this release to conform these
statements to actual results or to changes in its expectations,
except as may be required by law. DATASOURCE: WayPoint Biomedical,
Inc. CONTACT: Dennis Shepherd, +1-714-848-3200, , or Investors,
David Kugelman, +1-866-692-6847, both of WayPoint Biomedical, Inc.
Web site: http://www.drinkdetectiveusa.com/ Web site:
http://www.waypointbiomedical.com/
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