I.T.I. Bio-Tech (MONA:PK) Announces New Product That Combats C-Difficile and Airborne Viruses
MONTREAL, Feb. 2 /PRNewswire-FirstCall/ - ITI Biotech International, Inc., a wholly owned subsidiary of MonArc Corporation, announced today it has begun manufacturing a revolutionary gel paste product that effectively neutralizes and destroys Airborne viruses.
The product works much like a traditional room deodorizer, wherein the gel paste evaporates gradually from within a dispenser placed in the room.
The new product, with a microbial agent added, has been extensively tested in the laboratory and proven 99.8% efficient such viruses as; Staphylococus (ATCC 6538); Pseudomonas aerugin osa (ATCC 15442); and Clostridium difficile (BMS).
Life threatening airborne viruses are a major concern in settings such as hospitals and nursing homes, and it has become standard practice to encourage pro-active measures to address these increased risks, such as having patients and visitors wash their hands when entering and leaving these facilities. The Company's new product adds another important tool to safeguard the health of the population in these settings.
Paul Sylvestre, President of I.T.I. Bio-Tech, and MonArc CEO advised; 'The new product can not only help eliminate these threats, but we anticipate it has the potential to save lives. We will be manufacturing the new product for hospitals, schools, as well as for residential homes. This unique product truly breaks new ground in protecting public health'.
In other Company news, the Company is pleased to announce that the rescission of the Andrea Gold acquisition and spin-off of remaining Chinese assets currently nearing completion, approximately 2 billion shares will be returned by these parties and retired to treasury.
About I.T.I. Bio-Tech,
ITI is a Bio-Tech company, specializing in the manufacturing of products eliminating Airborne Volatile Organic Compounds (VOC'S). Products manufactured by ITI are laboratory tested, laboratory certified, biodegradable, food grade approved chemicals, natural scents. Using recyclable containers, perforated caps to ensure safety of children and pets and environmentally safe for the well being of the people and planet.
Safe Harbour statement under the Private Securities Litigation Reform Act of 1995: Certain forward information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.