NEWTON, Mass., May 4 /PRNewswire-FirstCall/ -- Microfluidics
International Corporation (OTC Bulletin Board: MFLU) announced
today the Company will release first quarter 2010 financial results
on Tuesday, May 11, 2010, at
8:30am ET.
(Logo:
http://www.newscom.com/cgi-bin/prnh/20090811/NE59652LOGO
)
Michael C. Ferrara, President and
Chief Executive Officer, and Peter F.
Byczko, Vice President of Finance and Chief Accounting
Officer, will host a conference call and live audio webcast.
Participants are invited to attend the call by visiting
www.microfluidicscorp.com/investors and clicking on the webcast
link, or by dialing 866.356.4279 (within the United States) or +1
617.597.5394 (outside the United
States). The passcode is 21242730.
A replay will be available for one week beginning approximately
two hours after the live call. To access the replay, dial
888.286.8010 (within the United
States) or +1 617.801.6888 (outside the United States). The passcode is
42685031.
SAFE HARBOR FOR FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of 1995
as contained in Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934. You can
identify these statements by the fact that they use words such as
"anticipate," "believe," "estimate," "expect," "intend," "project,"
"plan," "outlook," and other words and terms of similar meaning.
These statements involve a number of risks and uncertainties that
could cause actual results to differ materially from the potential
results discussed in the forward-looking statements. Among the
factors that could cause actual results and outcomes to differ
materially from those contained in such forward-looking statements
are the following: our ability to access sufficient working
capital, including a new working capital line; our continued
compliance with the representations, warranties and covenants under
our existing convertible debenture and revolving line of credit;
our continued history of losses, which includes net losses in four
of the last five fiscal years; the timing and size of customer
orders for our products; the adoption, timing and performance of
new technology and products developed by us; changes and advances
in technology that may make our products obsolete or reduce demand
for our products; our ability to protect and maintain the
confidentiality of our intellectual property; our ability to retain
key employees and our reliance on a new management team; changes in
governmental rules and regulations, including health care and those
regulating the exportation of goods; and general economic and
business conditions, including those adversely effecting the
pharmaceutical and biotechnology industries. For a more detailed
discussion of risks and uncertainties which could cause actual
results to differ from those contained in our forward-looking
statements, see Item 1A, "Risk Factors" in our annual report on
Form 10-K and our other periodic reports filed with the SEC. You
should not place undue reliance on our forward-looking statements,
which speak only as of the date they are made. We are providing
this information as of this date, and we do not undertake to update
the information included in this presentation, whether as a result
of new information, future events or otherwise.
ABOUT MICROFLUIDICS INTERNATIONAL CORPORATION
Microfluidics International Corporation (OTC Bulletin Board:
MFLU) is the exclusive producer of Microfluidizer® high shear fluid
processors for uniform particle size reduction, robust cell
disruption and bottom-up nanoparticle creation. Used primarily by
pharmaceutical, biotechnology, chemical, cosmetic,
nutraceutical/food and energy companies to research, develop and
improve products with efficient processes, more than 3,000
Microfluidizer processors are installed at customer sites in 50
countries around the world. The innovative Microfluidics Technology
Center, located at the company's headquarters outside Boston, Mass., is staffed by expert engineers
with a wide range of nanotechnology and application experience for
Proof of Concept and Process Development services.
By producing smaller particle sizes and a more narrow
distribution than other technologies, with scaleup from lab to
production guaranteed, Microfluidics enables companies to create
tiny particles that achieve big results. To learn more, visit
www.microfluidicscorp.com.
SOURCE Microfluidics International Corporation