Annual IABR Conference in Zurich, Switzerland a strategic success as company affirms global need for early identification of disease by portable breath analysis device.
VANCOUVER, BRITISH COLUMBIA – October 3, 2016 – Breathtec BioMedical, Inc. (CSE: BTH.CN) (CNSX: BTH) (CSE: BTH) (XFRA: BTI) (OTCQB: BTHCF) (the “Company” or “Breathtec”), a medical diagnostics company focused on developing, in-licensing and commercializing proprietary, innovative and best-in-class breath analysis devices for the early detection of infectious and life threatening diseases is pleased to report that the Company’s previously announced 2016 IABR Breath Summit participation and sponsorship was a notable success.
Breathtec’s Chief Technology Officer, Dr. Michael Costanzo traveled to the annual event held in Zurich, Switzerland where he gave a well-received presentation on FAIMS technology and was asked to chair a session on detection of chemical exposure which can be measured from breath sampling. A copy of Dr. Costanzo’s presentation, “Developing a Point-of-Care Device for Breath Analysis Utilizing FAIMS and FAIMS/MS,” can be found here: http://breathtecbiomedical.com/news/presentations/.
“As previously reported, Breathtec anticipates completion of a prototype of the FAIMS device in Q3-Q4 of 2016 and will work alongside our partner to advance the technology towards the clinic. We are pleased with the progress our team has made so far and are encouraged by the early data we are seeing,” said Dr. Michael Costanzo, CTO of Breathtec. “The clinical benefit of a portable screening device has garnered overwhelmingly positive feedback from our peers and practitioners in the health care community.”
The IABR conference is attended by global experts in the field of breath analysis. Many presentations demonstrated a need for a portable device that can detect specific molecular compounds in the breath, which is the goal of Breathtec’s FAIMS device currently under development. Other applications identified at the conference point to the value of sensor array technology such as Breathtec’s licensed NA-NOSE technology for detection of complex breath prints in diverse processes such as metabolism and infection.
Company CEO, Guy LaTorre comments, “The information we gleaned from this important conference affirms there is significant scientific and commercial interest for portable breath analysis solutions worldwide. The ability to identify disease biomarkers in the breath of patients suffering from diseases such as TB, pneumonia, cancers or diabetes points directly to the need for low cost Point-of-Care devices that recognize disease potential quickly and simply. Conference attendees indicated that along with creating a new way of diagnosing disease at an early stage, the resulting impact of early detection implies a decreased need for costly and invasive medical procedures. The resulting outcomes could immensely benefit patients and health care providers alike, and internal market studies increasingly show that commercial interest for portable breath analysis devices indicate a potentially global high-growth marketplace.”
ON BEHALF OF THE BOARD
CEO & Director
For further information, please contact:
President & Director
Core Capital Partners
CAUTIONARY DISCLAIMER STATEMENT: No Securities Exchange has reviewed nor accepts responsibility for the adequacy or accuracy of the content of this news release. This news release contains forward-looking statements relating to product development, licensing, commercialization and regulatory compliance issues and other statements that are not historical facts. Forward-looking statements are often identified by terms such as “will”, “may”, “should”, “anticipate”, “expects” and similar expressions. All statements other than statements of historical fact, included in this release are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations include the failure to satisfy the conditions of the relevant securities exchange(s) and other risks detailed from time to time in the filings made by the Company with securities regulations. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will update or revise publicly any of the included forward-looking statements as expressly required by applicable law.