Stock Alert for Medical International Technology Inc. Issued by StockPreacher
Tuesday, February 9th 2010
DALLAS, Feb. 9, 2010 (GLOBE NEWSWIRE) -- StockPreacher.com announces an investment report featuring Medical International Technology Inc. (OTCBB:MDLH - News). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.Â
The full report is available at: http://www.stockpreacher.com/n/MDLH
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Medical International Technology Inc. (MDLH) specializes in the research, development, marketing and sale of needle-free jet injector products designed for humans and animals, for single and mass injections. The Company focuses its activities in the medical and veterinary sectors, in particular, in the field of equipment and instrumentation. MDLH markets several Models of Agro-Jet Needle-Free injectors.
Message Board Search for MDLH: http://www.boardcentral.com/boards/MDLH
In the report, the analyst notes:
"The Company's consolidated revenues grew by $327,764 or 99.7% to $656,477 during the fiscal year ended September 30, 2009. These increases came primarily from the continuous effort to open the human market in countries where MIT certifications allows the sales in the medical and cosmetic markets.Â
"Last week MDLH provided a comprehensive Company update intended to inform shareholders and potential investors of the Company's current status, upcoming ventures, and projected performance. President and CEO Karim Menassa announced the nomination of Company CFO Harold Gervais. The Company also announced that it is in the final stages of hiring of a chief strategy officer; a specific announcement will soon follow. Moreover, the creation of a multi-functional Advisory Board, which, when completed, will be composed of many individuals from diverse backgrounds, will serve to strengthen the management of MDLH in support to the president and CEO Menassa. The Company's goal is to increase efficiency and take further advantage of the opportunities ahead in the global market of needle-free jet-injector for human and animal applications."
To read the entire report visit: http://www.stockpreacher.com/n/MDLH
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