New York, Toronto Montreal, October 19, 2010 BioSpec Global Solutions Inc., and partner –ICBS Ltd. (OTCPK: ICBT), announced today that Friday's successful meeting with Chinese representatives for government testing program in one of China's provinces. A formal letter of intent from the Chinese government is expected shortly.
At a meeting that took place in Springfield Mass. , Chinese representatives showed extreme interest in the TOGSTM 9000 and its ability to test water in remote locations uploading results by satellite to government offices in Beijing.
“China is one of the world’s largest markets for our analyzer’s and has one of the worst water situations on the planet” said Don Saunders President and CEO of BioSpec Global Solutions. " The Chinese government is expected to issue a letter of direction for BioSpec Global Solutions to test the TOGSTM 9000 in one of China's provinces.
Should they proceed it would have all Chinese government environmental agencies be equipped with the TOGSTM 9000. Both the TOGSTM 9000 and, the TOGS 3000TM would be marketed and sold throughout China and the Pacific rim countries.
The TOGSTM technology consists of a small portable, on-site instrument (TOGSTM 9000) that is operated by a single press of a button once the sample in question is put in it. This bio-photonic incubation/detection instrument detects and quantifies microbial contamination. The analysis results can be obtained directly on-site through a computer or can be directly connected and controlled by an appropriate laboratory and or regulatory authority in a secure monitoring system using ‘AGACSSTM’ software and the internet. The government department responsible for water, could literally monitor all water sources down to the individual well owner and do it quickly, accurately and cost effectively BioSpec Global Solutions, has developed the TOGSTM 9000 to analyze total E.coli and total Coliforms in water samples.
The company holds worldwide patents on the TOGSTM 9000.
SOURCE: BioSpec Global Solutions Inc. www.biospecglobal.com
CONTACT: Don Saunders, President & CEO
TELEPHONE: 877-797-0332
NB. This news release includes statements that constitute forward-looking statements. Please be aware that any such forward-looking statements are not guarantees of future performance and involve significant risks and uncertainties, and that actual results may vary materially from those in the forward-looking statements as a result of any number of factors, including the risk factors contained in the Company's disclosure documents.