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Medical Services
International Signs Million Dollar Contract
to Supply VScan HIV Test Kits to China
March 1, 2005
Medical Services International Inc. is pleased to announce that it has
signed a $25,500,000 US contract to supply the VScan HIV test kit in
the People's Republic of China. Through its Shanghai facility,
starting July 1, 2005, the Company will supply 3.6 million VScan test
kits per year for a 3 year period. The contract will have a value of
approximately $8,500,000 US per year with a total value of $25,500,000
US at the end of the 3 years. This contract is for the VScan HIV test
kit only and does not take into account the revenue that will be
generated in China by the other test kits ( TB, Hep B&C, Dengue Fever,
and Malaria).
About VScan ™
The VScan™
rapid test kit is a single use, easy to use, test for the screening of
HIV 1&2, Hepatitis B&C, Tuberculosis (TB), Dengue Fever and West Nile,
Malaria, Syphilis, and Prostate Cancer. The kits cannot be sold in
Canada.
For further information contact:
Robert Talbot at 780-430-6363 or
Bill Whitehead, Jr., 416-822-5883
Medical Services International Inc. trades in the United States on the
NQB Pinksheets under the symbol "MSITF". |