EPA Grants New Notification to BioShield Technologies Inc. Expands the
RELATED SYMBOLS: (BSTI)
ATLANTA, Mar 21, 2002 /PRNewswire-FirstCall via COMTEX/ -- BioShield Technologies, Inc. (OTC Bulletin Board: BSTI); (http://www.bioshield.com/ ) announced today that the EPA has granted a new Notification to its antimicrobial line of products. This new Notification adds the use of BioShield's AM500, BSTI 1860 line of products to be utilized on exterior walls, including, but not limited to, brick, concrete, stone, stucco, wood and aluminum siding surfaces.
This new Notification provides for a site use to be added to BioShield's labeling. Being able to enter into these new markets adds significant opportunity to BioShield, its clients and Global Licensee Partners by being able to provide a viable solution for the treatment of mold & mildew in buildings, monuments and governmental offices where this problem continues to be a big health concern and a costly endeavor to resolve.
Management stated, "The application of BioShield's products on exterior surfaces can benefit commercial real estate companies, governments, residential developers and homeowners by providing a cost-effective, long lasting solution to mitigate the damaging effects of mold and mildew. Currently the most commonly used solution to removing mold and mildew is to spray the surface with toxic and harmful chemicals that leach into the ground, water and streams creating an environmental problem. In addition, other chemicals can possibly damage the integrity of the exterior surface itself, creating a new problem. The other alternative is to completely replace the surface in a costly and time-consuming project. BioShield's technology molecularly bonds to these surfaces having a lasting residual effect without leaching into the environment. We're very excited about this new EPA Notification and the opportunities it opens up for BioShield and our partners."
About BioShield Technologies, Inc.
BioShield Technologies, Inc., is a Norcross, Georgia-based emerging growth company focused in biotechnology and antimicrobial products. Its core business is committed to the discovery, development, marketing and sale of surface-modifying antimicrobial and biostatic products. The company's antimicrobial technology is a revolutionary alternative to conventional sanitizers, disinfectants, bleaches, biocides or preservatives primarily because it kills bacteria, including HIV, on contact and can remain active for extended time periods. To date BioShield has received three US patents and eight EPA registrations, including the first U.S. germ killer and disinfectant against Salmonella cholerasuis, Staphylococcus aureus and other microorganisms. The company has developed several alliances in different industries, such as healthcare, textiles and storm water.
Further information on BioShield and its line of products can be found by visiting the firm's web site at http://www.bioshield.com , or by calling 1-770-925-3653, Tim Moses.
Safe Harbor/Forward-looking Statements;
Statements in this news release that are not historical are forward- looking statements. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those anticipated in any forward-looking statements, all of which are difficult to predict and many of which are beyond the control of the company, including areas such as: developing technologies; dependence on collaborative partners; the inherent complexity and uncertainty regarding the development of products; early-stage development of BioShield; the result of research and development efforts; future capital needs; uncertainty of additional funding; government regulations; and other factors which are detailed in the company's periodic reports and registration statements filed with the Securities and Exchange Commission. BioShield does not undertake to revise or update any forward-looking statement to reflect events or circumstances that may arise after the date hereof. BioShield is a trademark of BioShield Technologies, Inc.
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