SOURCE: The IO Circuit

July 05, 2005 09:00 ET

Royce Biomedical Inc. Subsidiary Begins Work on CDN$300,000 Contract, Announces The IO Circuit

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by The IO Circuit.

LAKE HARMONY, PA -- (MARKET WIRE) -- July 5, 2005 -- The IO Circuit recommends Royce Biomedical Inc., (OTC BB: RYBO), which announced today that its operating subsidiary, Smart-tek Communications Inc. ("SCI"), has commenced work on the security/surveillance contract for the Bayshore Towers. The value of the contract awarded was in excess of CDN$300,000.00.

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