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Michael Braunold, President and Chief Executive Officer of SPO Medicalcommented, "As we continue to grow our revenues and enhance our distributionbase, it has become increasingly important to reach out to the investmentcommunity. Our goal is to inform current and prospective investors of ourfinancial prospects and the value proposition offered by our product pipelineand strategy." Mr. Braunold continued, "Our portable devices and new consumerapplications will appeal to an ever growing number of markets globally. Thisis a powerful message we need to convey to investors and American CapitalVentures has a proven track record assisting small cap companies incommunicating their message to the investor community."
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Howard Gostfrand, President of American Capital Ventures, commented, "SPOMedical has positioned itself well in the burgeoning medical field ofnon-invasive devices. They have clearly laid the groundwork with keyinvestments and strategic partnerships that have been delivering tangibleresults. Achieving revenues of $5 million in 2007 after only three years, andwith an impressive product channel, SPOM is a perfect example of a promisingundiscovered small cap company worth an investor's consideration."
About SPO Medical
SPO Medical (SPOM) is a leading developer of biosensor and microprocessortechnologies for use in portable monitoring devices to capture life-savingand life-enhancing information within four key markets: medical care; homeand remote-care; sports and wellness; and safety and security. Its patentedtechnology uses information gathered from the reflectance of light on thehuman blood stream, in a non-invasive manner, to monitor key vital signs. TheCompany distributes its products through a network of distributors and alsolicenses its technologies to appropriate client corporations forcommercialization and distribution. For more information, visithttp://www.spomedical.com.
About American Capital Ventures (ACV)
American Capital Ventures (ACV) is a boutique investor relations firmfounded on the principals of hard work, professionalism and integrity. Ourcompany offers emerging growth companies a different, more comprehensiveapproach to investor relations. ACV delivers highly effective investorcommunications counsel in conjunction with developing tangible brokeragerelationships for our clients. Our unique blend of creating awareness whileeffectively increasing a company's trading volume has allowed us tocontinually expand our business. Our goal is to allow management the abilityto focus on their core business, while assisting them in communicating theirmessage and develop their investor relationships.
This press release contains forward-looking statements that involvesubstantial uncertainties and risks. These forward-looking statements arebased upon our current expectations, estimates and projections about ourbusiness and our industry, and that reflect our beliefs and assumptions basedupon information available to us at the date of this release. We cautionreaders that forward-looking statements are predictions based on our currentexpectations about future events. These forward-looking statements are notguarantees of future performance and are subject to risks, uncertainties andassumptions that are difficult to predict. Our actual results, performance orachievements could differ materially from those expressed or implied by theforward-looking statements as a result of a number of factors, including butnot limited to, changes in economic conditions g
