Quick-Med Technologies, Inc. Signs Joint Development Agreement with a Leading Provider of Health Care Products
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Quick-Med Technologies (OTCBB:QMDT) announced today that it has entered
into a joint development agreement to develop applications of its NIMBUS®
antimicrobial technology with one of the world’s
leading providers of health care products.
"We are very pleased to be working with this
global, high growth health care company,” said
J. Ladd Greeno, Chief Executive Officer of Quick-Med Technologies. "This
collaboration is an important validation of the unique capabilities of
our NIMBUS technology.”
The specific terms of the agreement were not disclosed.
About Quick-Med Technologies, Inc.
Quick-Med Technologies, Inc. (OTCBB:QMDT) is a life sciences company
that is developing broad-based technologies for the healthcare and
consumer markets. The Company's two core product groups under
development are (1) NIMBUS®,
a technology employing advanced polymers that can be used in a wide
range of applications from advanced wound care to industrial and
consumer products; and (2) MultiStat™ family
of advanced patented methods and compounds, shown to be effective in key
skin care therapy applications for cosmetic, military, and medical
markets. For more information, see: www.quickmedtech.com. © 2008 Quick-Med Technologies, Inc. All
rights reserved. NIMBUS®
and MultiStat™ are trademarks of Quick-Med
Technologies, Inc. All other trademarks are the property of their
respective owners.
Safe Harbor Forward-Looking Statements Certain statements contained in this press release may be deemed to
be forward-looking statements under federal securities laws, and
Quick-Med Technologies, Inc. intends that such forward looking
statements be subject to the safe harbor created thereby. Quick-Med
Technologies, Inc. does not undertake an obligation to publicly update
or revise any forward-looking statements, whether as a result of new
information, future events or otherwise.