WASHINGTON, Sept. 10, 2007 (PRIME NEWSWIRE) -- TenthGate International, Inc. releases first shareholder address:
Welcome to TenthGate International, Inc. (TenthGate) (Pink Sheets:TGTI). We invite our stakeholders to learn our vision, mission, products and team so they can better understand who we are and what we do. Our Website www.TenthGate.biz will provide central location for this information.
The website includes access to our public press releases, which is an excellent way to track our progress related to corporate, product and industry developments. It is our desire to provide you timely access to information concerning the evolution of our company.
TenthGate has acquired exclusive licenses to several "life changing" melanoma cancer prevention, detection and intervention technologies. These applications utilize Electron Paramagnetic Resonance EPR to provide cellular information at the free radical level. Our initial commercial application focus is on providing sunscreen manufacturers a more effective UVA/UVB protection measurement tool, which we have trademarked "MPF" for Melanocyte Protective Factor. There are four other major fields of use for our technology licenses, for which strategic development protocols are being developed.
In addition, we have acquired and licensed two innovative medical products, which have already obtained FDA approval and one is CE marked for product sale in Europe. These finished products represent an important link to development of early revenues. Our operational focus for these products will center on aggressively marketing tactics both domestically and internationally.
As we move forward we will be unveiling our market and development plans for these products and our revenue models will become highly defined in accordance with these plans. Although we are a development stage company, we have already acquired several meaningful intellectual properties and products that have the potential to meet existing market needs while creating value for our stakeholders. We intend to monetize that value in an efficient and well thought out manner.
TenthGate has scheduled its first shareholder teleconference on Tuesday, October 16th of this year. The details of this meeting will be posted on our website by October 1st. This will be an ongoing commitment by the firm to communicate our activities, plans and developments to our shareholder base.
TenthGate and its subsidiary companies have engaged a formal financial audit for the period ending July 31, 2007. It is our intent to make public the resulting financial reports and present them in standard GAAP accounting format upon their completion.
Our media communications firm is Capital Pros Network, who will be working with us to distribute information and develop the company's presence in the marketplace. More can be learned about Capital Pros Network at www.capitalpros.com.
We understand that our shareholders represent the core of our organization and we respect the trust you have placed in our organization. We have a real opportunity to bring "life changing" technologies from the lab to the marketplace. The purpose of this letter is to open direct communications as we begin our journey together. Thank you for your interest and on-going support of TenthGate International, Inc.
Sincerely on behalf of the board of Directors, Tim Novak Chairman and Chief Executive Officer
The TenthGate International, Inc. logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=3179
Safe Harbor Disclaimer
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.