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Medical
Services International Projects
Million Dollar Profit in First Quarter
July 26, 2005
Medical Services International Inc. (OTC: MSITF) projects that in its
first fiscal quarter it will exceed $1,000,000 US in profit. Based
on existing contracts, current invoices and scheduled deliveries for
its VScan products in the first quarter ( July 05 to Sept 05), the
Company is projecting that it will report a profit for the first
quarter of $1,130,000 US on overall revenue of $2,440,000 US.
As the existing contracts extend through the second quarter and it
is anticipated that the Company will obtain additional contracts, it
is reasonable to expect that the Company will continue to maintain
or slightly exceed its first quarter pace. The time, effort and
expense that the Company incurred over the last three years getting
its VScan products perfected and approved by regulatory authorities
in different countries, as well as setting up distribution networks,
is now beginning to pay off.
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". |