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SAN DIEGO, Sept. 15 /PRNewswire-FirstCall/ -- Aethlon Medical, Inc., (OTC Bulletin Board: AEMD) disclosed today that its Chairman and CEO, James A. Joyce has issued the following letter to shareholders.
(Logo: http://www.newscom.com/cgi-bin/prnh/20090325/LA88762LOGO-b)
To our Shareholders:
In advance of tomorrow's annual meeting, I wish to thank those
shareholders who returned proxies supporting measures to re-elect our
board of directors, reappoint our auditors, and increase the authorized
shares of our common stock. The results of your votes will be tabulated
during our meeting and disclosed shortly thereafter.
I would also like to take this opportunity to disclose that our
manufacturing program with Bioserv/NextPharma Technologies is now
underway, and that infectious disease researchers have provided initial
verification that our Hemopurifier(R) is able to capture the emerging H1N1
swine flu virus. We are additionally honored to reestablish a cooperative
research and development agreement with the U.S. Army Medical Research
Institute of Infectious Diseases (USAMRIID) that will continue our
research into treating Ebola and other highly lethal pathogens.
While I am pleased we have advanced these initiatives, our primary focus
remains directed towards leveraging our therapeutic opportunity in
Hepatitis-C care and establishing strategic relationships that will
maximize long-term economic value for shareholders. In this regard, we
are actively pursuing relationships that offer to augment or
significantly expand our clinical, distribution, and manufacturing
capabilities. However, I want to stress the complexity underlying any
such relationship should not be underestimated. We face issues that
include competition between players in the medical device space, scaling
of manufacturing at feasible costs, and developing appropriate
distribution channels in a variety of markets. Additionally, we maintain
a firm stance that Aethlon Medical shareholders should maintain 100%
ownership of our Hemopurifier(R) technology. Regardless of these
challenges, I am increasingly confident that we will establish
relationships that provide us the foundation to transition our science
into a successful business enterprise.
On behalf of our dedicated team at Aethlon Medical, I thank you for your
continued support and look forward to meeting those of you who attend
tomorrow's meeting.
Very truly yours,
James A. Joyce
Chairman, CEO
Certain of the statements within this shareholder letter may be forward-looking and involve risks and uncertainties. Such forward-looking statements involve assumptions, known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Aethlon Medical, Inc to be materially different from any future results, performance, or achievements expressed or implied by the forward-looking statements. Such potential risks and uncertainties include, without limitation, the Company's ability to raise capital when needed, the Company's ability to complete the development of its planned products, the ability of the Company to obtain FDA and other regulatory approvals permitting the sale of its products, the Company's ability to manufacture its products and provide its services, the Company's ability to forge corporate partnerships on terms acceptable to the Company or at all, the impact of government regulations, patent protection on the Company's proprietary technology, product liability exposure, uncertainty of market acceptance, competition, technological change, and other risk factors. In such instances, actual results could differ materially as a result of a variety of factors, including the risks associated with the effect of changing economic conditions and other risk factors detailed in the Company's Securities and Exchange Commission filings.
Contacts:
Jon Cunningham
RedChip Companies Inc.
(407) 644-4256
(407) 491-4498 -cell
or
Jim Joyce
Chairman, CEO
858.459.7800 x301
Jim Frakes
Senior VP Finance
858.459.7800 x300
http://www.newscom.com/cgi-bin/prnh/20090325/LA88762LOGO-b
http://photoarchive.ap.org/
DATASOURCE: Aethlon Medical, Inc.
CONTACT: Jon Cunningham, RedChip Companies Inc., +1-407-644-4256, cell,
+1-407-491-4498, or ; Jim Joyce, Chairman,
CEO, +1-858-459-7800, ext. 301, , Jim Frakes, Senior VP
Finance, +1-858-459-7800, ext. 300, , both of
Aethlon Medical, Inc.
Web Site: http://www.aethlonmedical.com/