RESTON, Va., March 22, 2007 (PRIME NEWSWIRE) -- TenthGate International, Inc. (Pink Sheets:TGTI), ("TenthGate"), announced today the completion of their acquisition of TenthGate Incorporated.
TenthGate Incorporated is a fully reporting company incorporated in Delaware which is focused on the acquisition and development of life changing, health related technologies. The range of acquired technologies includes biotech/life sciences, diagnostic and unique medical devices. Formed in 2003, the Company has acquired several intellectual properties and technology licenses to date, two of which have obtained FDA approval. In addition, the company has obtained worldwide exclusive license for an emerging melanoma diagnostic and prevention technology which utilizes Electron Paramagnetic Resonance (EPR). It has identified several additional technologies for acquisition.
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Except for the historical information contained herein, the matters discussed in this press release may include forward-looking statements or information. All statements, other than statements of historical fact, including, without limitation, those with respect to the objectives, plans and strategies of TenthGate International, Inc., and its affiliates, set forth herein and those preceded by or that include the words "believes," "expects," "given," "targets," "intends," "anticipates," "plans," "projects", "forecasts" or similar expressions, are forward-looking statements. Although the Company's management believes that such forward-looking statements are reasonable, it cannot guarantee that such expectations are, or will be, correct. These forward-looking statements involve a number of risks and uncertainties which could cause the Company's future results to differ materially from those anticipated. Other risks are detailed from time to time in the Company's Annual and Quarterly Reports and in its other Securities and Exchange Commission reports and statements. The Company assumes no obligation to update any of the information contained or referenced in this press release.
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