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SAN DIEGO, Feb. 19 /PRNewswire-FirstCall/ -- SpectraScience, Inc. (OTC
Bulletin Board: SCIE), a San Diego based medical device company, today
announced that it has hired several individuals to drive its operational
growth as it moves from an R&D focus towards a revenue generating business
model in 2008:
-- Todd Pinkowski - Director of Operations of WavSTAT(TM)
-- Michael Brady - Director of Engineering
-- Charles Negus - Director of Operations of LUMA(TM)
-- Glen Freiburg - Vice President of Regulatory Affairs to oversee the
Company's regulatory progress in bringing new products to market
Jim Hitchin, SpectraScience's CEO, stated, "The addition of these senior members to our team is critical in our go-to-market strategy for 2008. We expect to ramp-up operations this year and have recently expanded our facilities to accommodate increased production. With these new team members, we expect to strengthen our business model and drive sales. These new leaders are part of our continuing evolution to become a major player in the burgeoning market for early disease detection and point of care diagnostics."
This news release contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended. These
forward-looking statements involve risks and uncertainties that may cause
SpectraScience's actual results to differ materially from results discussed
in forward-looking statements. Readers are urged to carefully review and
consider the various disclosures made by SpectraScience in this news
release, its most recent Form 10-KSB and in SpectraScience's other reports
filed with the Securities and Exchange Commission ("SEC") that attempt to
advise interested parties of the risks and factors that may affect
SpectraScience's business. These forward-looking statements are qualified
in their entirety by the cautions an
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