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American Scientific Resources Inc. Issues Corporate Update
Date:11/24/2009

TCBB. We have already begun preparing the S-1, and are looking forward to a long-lasting partnership with ASR and to be a part of the bright future that this promising company holds."

The Company has engaged Action Stock Transfer Corp. to act as its transfer agent.

Senior Management, including Dr. Chris Tirotta, CEO and Mr. Jason Roth, Senior VP, recently attended MEDICA, widely regarded as the premier global medical conference. The Company took the opportunity to engage regional distributors and evaluate potential new distribution channels, met with suppliers and contractors for its current product base and had further discussions on new proprietary products.

Dr. Tirotta commented, "The Company has been working for some time on multiple issues and initiatives. This is an exciting time for the Company and all of its shareholders as we take giant steps forward to becoming fully reporting and expanding our brands, which we hope will open doors to numerous opportunities."

About American Scientific Resources, Inc.

American Scientific Resources, Inc. is the parent company for wholly-owned subsidiary, Kidz-Med, Inc. The Company's objective is to create intellectual property, as well as to locate and acquire innovative health and safety products and to introduce and promote them to the North American and Global consumer and professional healthcare market. More information about the Company, including financial information, can be found on the ASFX web site at www.americansci.com. For product information please visit www.kidzmed.com.

Safe Harbor

This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.
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