Biomagnetics Diagnostics presents new series of videos on world's first handheld Integrated Optical Biosensor

Biomagnetics Diagnostics Corp., (PINK SHEETS:BMGP) a developer of revolutionary diagnostic systems and technology for HIV, hepatitis, tuberculosis and malaria detection, today announced the availability of a new series of video taped interviews of CEO, Clayton Hardman where he presents the world's first handheld Integrated Optical Biosensor (IOBS), which was recently licensed under an agreement with Los Alamos National Security LLC.

“Patent License Agreement with Los Alamos National Security.”

In the first video, which can be viewed at https://www.vimeo.com/11932556, Mr. Hardman introduces the Company and the IOBS unit that was recently obtained from Los Alamos. In the second video, which can be viewed at https://www.vimeo.com/11934544, he provides a demonstration of how the device can be used in the field by relatively untrained personnel to test patients for malaria, tuberculosis and for many other diseases. Additionally, Mr. Hardman demonstrates the unit's additional operations and explains the significant clinical advantages and meaningful cost saving benefits inherent to this revolutionary diagnostics technology.

"Having recently received the unit from the scientific staff at Los Alamos we wanted to explain how the unit operates and how we plan to market the technology to the marketplace. We decided that a series of videotaped interviews would be the method best to communicate this message," commented Clayton Hardman, Chief Executive Officer. "We believe this technology holds the promise to rewrite the methodologies for pathogen detection. With IOBS, relatively untrained personnel can be utilized to quickly, easily and most importantly, very inexpensively, diagnose a variety of medical conditions, in the field, without the use of additional and expensive laboratory equipment."

While Biomagnetics Diagnostics will be targeting tuberculosis and cholera detection in its first release, which is due for release later this year, and malaria diagnosis, which is slated for release toward the end of the year, the Company will not be limiting its product releases to only these diseases. With the flexibility of the underlying technology Biomagnetics will be able to adapt the IOBS https://www.vimeo.com/11934544 to detect almost any pathogen in human or animal blood or other body fluids.

The Company recently announced it had finalized a "Patent License Agreement with Los Alamos National Security." Under the agreement, Biomagnetics will have access to the Triggered Optical Biosensor and Integrated Optical Biosensor System (IOBS) technology developed at Los Alamos National Laboratory. Biomagnetics Diagnostics believes the availability of this portable, handheld technology will substantially lower the cost of, and substantially raise the availability of, malaria, tuberculosis, HIV/AIDS and cholera diagnosis and detection in many areas throughout the world, potentially saving hundreds of thousands of lives each year.

Source:

Biomagnetics Diagnostics Corp.

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