LAS VEGAS, June 11, 2009 (GLOBE NEWSWIRE) -- Cyberhand Technologies (Pink Sheets:CYHA) announced today it expanded its Management Team and Board of Directors. The company significantly improves its abilities with the introduction of professionals who enhance the shareholder value contained in its new expanded technology offerings.
Mr. Anthony Welch has been appointed to CEO and Treasurer positions and will facilitate the two series of stock dividends and direct the spin-offs of its new and expanding diverse technology base. Mr. Michael Burke will remain the company's President and Secretary. Mr. Welch will also take over as the Chairman of the Board of Directors, expanding the board to three members including Mr. Larry Cherrett and Mr. Michael Burke. The appointment in both Management and Directors will allow the company to complete its technology spin-offs, stock dividends, and transform the company's focus to biotech.
Investors will be timely updated on the following:
* Announcement of the record-date for the two stock dividends
and record-date for the company's change of name and ticker
symbol.
* New web site, corporate image, and published business plan
focused on the company's new biotech acquisitions
About Cyberhand Technologies
Cyberhand Technologies International Inc. is the developer and owner of all the technology and intellectual property related to the development of an Ergonomic Computer Mouse and a line of Computer Game Controllers. The Company's controllers are 40% more responsive than competitor products. The markets for the Company's products are huge consisting of the Computer Peripheral market with over 600,000,000 users worldwide and the Computer Gaming Peripherals market estimated at $6 billion dollars in the U.S. alone with this market growing at the rate of 34% per year. To learn more, visit: www.cyberhandrobotics.com
Safe-Harbor Statement
This press release contains statements (such as projections regarding future performance) that are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertainties. The company's website version of this press release contains various RISK FACTORS (and are incorporated herein by reference) and should be read before any investment decision.