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Demand for Medical
Services VScan Rapid Test Kits Increasing
October 20, 2005
Medical Services International Inc. (OTC: MSITF) is pleased to
announce that the demand for the VScan rapid test kits is
increasing. In addition to the orders for the test kits through
established distributors and through our existing contracts, Medical
Services is being contacted by companies on a daily basis about
becoming distributors for Medical Services or just buying the VScan
test kits. In the first two weeks in October, 2005, the Company
acquired 3 new distributors who placed initial orders for test kits
that had a value of $410,000 USD. All orders are being backed by
Letters of Credit from Western Banks.
These orders are in addition to orders from existing contracts. The
Company is negotiating in different parts of the world with several
other companies who wish to become distributors of the VScan
products. It is anticipated that based on the initial orders that
will be placed by these new distributors combined with the projected
second quarter revenues from existing contracts and the orders
placed in the first two weeks in October, the projected second
quarter revenues will increase from $1,315,000 USD to $2,015,000 USD
with an estimated profit of $702,000 USD
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". |