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Active Life Announces $500K Follow On Series A Investment - Tech Coast Angels Re-up
Date:5/16/2013

SANTA BARBARA, Calif., May 16, 2013 /PRNewswire-iReach/ -- Active Life Scientific, Inc., a life science research and diagnostic tools company, today announced a $500K Follow On Series A round of financing. The round was filled by new and existing investors, including follow on investment by members of Tech Coast Angels, the largest angel investment group in the country.

Active Life is developing next generation medical tools to cost effectively address the growing problem of degenerating and stiffening tissues - a leading cause of frailty.  The company's technology, Reference Point Indentation (RPI), is the latest breakthrough from world-renowned inventor Dr. Paul Hansma .  Active Life's products are currently being sold to scientists and are under development for physicians to directly measure tissue physical properties inside a living body.  Previous to RPI, similar tests required an invasive biopsy and destructive testing in an advanced laboratory, and as a result were rarely performed.

"Tech Coast Angels are confident in our reinvestment into Active Life and the vast potential of the Company," stated Mike Panesis , Vice Chair of the Tech Coast Angels (TCA) and President of TCA's Central Coast Network. "The platform nature of their technology is extremely interesting. The technology fills important needs in numerous markets including life science, medicine, animal science, consumer products, and more."

"Modern medicine is successfully extending the duration of life to new levels.  At Active Life, we are focused on extending and improving quality of life," stated Davis Brimer , Active Life's Chief Executive Officer.  "We are honored to pursue this goal with the support of top-notch, sophisticated investors."

About Active Life

Active Life Scientific, Inc. develops life science resear
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SOURCE Active Life Scientific, Inc.
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