Micro Identification Technologies, Inc. (MMTC.OB) Selects Manufacture for Revolutionary MIT 1000 Rapid Microbial Identification System

In the company’s news today,

Micro Identification Technologies, Inc. announced that it has signed an Agreement with OSI Optoelectronics (OSIO), a subsidiary of OSI Systems (NASDAQ: OSIS) to manufacture its microbial rapid identification system, the MIT 1000. Providing complete solutions and services from concept to design to production, OSIO has manufacturing facilities in California, Malaysia and India.

“All of OSIO’s world class facilities are ISO 9001:2000 certified and FDA registered and GMP compliant making them a perfect company to fabricate MIT’s systems for its current food safety applications and its planned pharmaceutical and clinical diagnostic applications,” stated John Ricardi, MIT’s Executive Vice President and Chief Operating Officer.

OSIO currently fabricates the photodiode detectors that are used in the MIT 1000 and has the ability to supply other components. The company’s vast experience in MIT’s targeted markets will also enable them to assist MIT in future product designs to both accelerate and ensure those products meet the stringent requirements of those industries.

“We are pleased to work with MIT as we feel their innovative product will become a valuable tool to help prevent widespread bacterial contamination,” stated Manoocher Mansouri, OSIO’s President.

MIT currently produces the MIT 1000 Rapid Microbial Identification (ID) System. The system has been designed to be extremely fast and easy to use while not relying on conventional chemical or biological processing, fluorescent tags, gas chromatography or DNA analysis. MIT’s technology has the potential to revolutionize the $5 billion rapid microbial test market by annually saving thousands of lives and tens of millions of dollars.

About QualityStocks

QualityStocks, based in Scottsdale, Arizona is a free service that collects data from hundreds Small-Cap and Micro-Cap online Investment Newsletters into one Free Daily Newsletter Report. QualityStocks is dedicated to assisting emerging public companies with their advertising efforts and now has over 750,000+ subscribers that receive The Daily Stock Newsletters.

To sign up for “The QualityStocks Daily Newsletter” please visit www.QualityStocks.net

Please see disclaimer on QualityStocks website: http://Disclaimer.QualityStocks.net 

Forward-Looking Statement:

This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.