| TORRANCE, Calif., May 12, 2005 (BUSINESS WIRE) -- Eye Dynamics, Inc. (OTCBB:EYDY) is pleased to announce that beginning May 17th its medical systems will be showcased as part of a TV program to be aired on the CNBC, Tech TV and Bravo channels regarding the problem of dizziness in the population and the tools medical science is enlisting to treat the condition. Hosted by Alexander Haig, former Supreme Commander of NATO and Secretary of State under Ronald Reagan, the company's Video Nystagmographic System will be spotlighted and its role as an analytical tool examined. Eye Dynamics is the inventor of video eye movement recording related to inner ear and neurological balance disorders. The technology, using sophisticated infrared imaging processing techniques, has become the global standard, allowing physicians to have an enhanced method for the observation and analysis of the physiology related to vertigo and dizziness. The Haig program was underwritten by MedTrak Technologies, Inc. (www.medtrakonline.com) (Scottsdale, AZ), the sole distributor of Eye Dynamics' medical products in the US, and its principal reseller, Florida-based, InBalance. Scheduled to air three times over a period of thirty days, the program will also be broadcast to hundreds of hospitals, nursing homes, clinics, health centers, colleges and universities. In addition, it will also be seen by travelers on hundreds of international flights. More than 100,000,000 impressions are expected to result from the airings. About Eye Dynamics, Inc. Eye Dynamics is in the business of developing and manufacturing proprietary products and services for the institutional, medical and government markets. The company is a leader in the Video ENG medical product market, having invented the Video ENG system and brought it to market in 1994. SafetyScope(TM), the company's latest product, is designed for the "fitness-for-duty" screening of workers. SafetyScope(TM) is simple to use, takes only 90 seconds and does not require any bodily fluids like urine-based drug testing. It is based on the manual methods of evaluating eye responses of an individual to detect driving under impairment (DUI) used by law enforcement throughout the United States. Law enforcement as well as Department of Defense applications are active research & development programs for the company. As previously announced, Eye Dynamics signed a Letter of Intent to acquire OrthoNetx (Superior, CO; www.orthonetx.com), a leading provider of medical devices for osteoplastic surgery and "human data consent" technology for medical device and clinical applications. The acquisition will be completed as a stock transaction. Due diligence has begun. The acquisition is subject to certain customary conditions, including certain regulatory approvals. To find out more about Eye Dynamics, Inc. (OTC:EYDY), visit our web site at www.eyedynamics.com Safe Harbor for Forward-Looking Statements This news release includes forward-looking statements that are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. While these statements are made to convey to the public the company's progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. Whereas management believes such representations to be true and accurate based on information and data available to the company at this time, actual results may differ materially from those described. The company's operations and business prospects are always subject to risk and uncertainties. Important factors that may cause actual results to differ are set forth in the company's periodic filings with the US Securities and Exchange Commission. SOURCE: Eye Dynamics, Inc. Eye Dynamics, Inc. By Galen Capital Group, LLC Charlotte Peliccia, 703-556-6105 x102 cpelliccia@galencapitalgroup.com Copyright Business Wire 2005 |