SOURCE: Avitech LifeSciences Inc.

July 12, 2007 11:28 ET

Avitech LifeSciences Inc. in Negotiations With a North American Direct Response Marketing Firm to Distribute Avitech Products

DENVER, CO--(Marketwire - July 12, 2007) - Avitech LifeSciences Inc. (PINKSHEETS: AVLF) has been approached by a major marketing firm to distribute two of the Company's all natural products, Avitol and Hair Growth, through direct response multimedia commercials. Avitol is an all natural, anti-viral formulation that helps strengthen the immune system and offers several other health benefits. Hair Growth is a hair loss treatment that can reduce, and even halt, the further loss of hair from the scalp. Under the proposed agreement, the initial distribution would begin in North America with possible future expansion internationally. The marketing firm is a multimedia production company that specializes in half-hour infomercials and is responsible for generating over 400 million dollars in direct response television sales for its various clients. The firm is also looking at showcasing several products in the Avi-Essence line. In accordance with this proposed agreement Avitech LifeSciences Inc. is in the process of producing a lower concentrated formula that will be more cost effective and conducive to overall market acceptance by the general public. The new formulation will be specifically intended to be used on a daily basis to build an immunity to help aid against influenza and common viruses. If realized, this marketing campaign is expected to launch in October of 2007. For more information please visit us at www.avi-essence.com or www.aviessence.com.

About Avitech LifeSciences Inc.

Avitech LifeSciences Inc. is a wholesaler and an online retailer of a line of all natural health supplements selected for their blends and quality of production. The company holds the rights to the production and distribution of Avitol®, an all natural anti-virul formulation that helps strengthens the immune system and offers several other health benefits.

The Company is a firmly focused on the health and life sciences industry. Avitech helps entrepreneurs accelerate their business development by investing early in the company's development and taking an active role in its day to day operations by acting as collaborative partners with the companies we bring on board. Although Avitech Lifesciences Inc. primary mandate is health and life sciences sector the company's mandate will allow it to look at all investments to increase shareholder value

Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements in this release that are forward-looking statements are based on current expectations and assumptions that are subject to known and unknown risks, uncertainties, or other factors which may cause actual results, performance, or achievements of the company to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. Actual results could differ materially because of factors such as the effect of general economic and market conditions, entry into markets with vigorous competition, market acceptance of new products and services, continued acceptance of existing products and services, technological shifts, and delays in product development and related product release schedules, any of which may cause revenues and income to fall short of anticipated levels. All information in this release is as of the date of this release. The company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the company's expectations.

Contact Information

  • Contact:
    Avitech LifeSciences Inc.
    Terri Miller
    President
    Tel: (303)-865-7601
    www.avitechls.com