SOURCE: QRSciences Holdings Limited

July 14, 2005 10:00 ET

QRSciences Retains New York Based Strategic Growth as Investor Relations Advisor

SAN DIEGO, CA -- (MARKET WIRE) -- July 14, 2005 -- QRSciences (OTC: QRSHY) (ASX: QRS), an advanced technology company in homeland security engaged in providing next generation systems that detect and identify a range of difficult to detect explosives, announced it has retained Strategic Growth International, Inc. ("SGI"), a world-wide investor relations firm.

"As an emerging growth company in the homeland security space, we wanted to enlist the resources of a respected investor relations firm that is well known on Wall Street and by the financial community at large. Strategic Growth's expertise will assist us to identify institutions that will recognize the value of our cutting edge technologies, which are state of the art in developing technologies to detect and identify some potentially harmful materials. We are excited by the prospects for our business to expand in the coming year and look forward to sharing our progress with the financial community," stated Mr. Kevin Russeth, Chief Executive Officer of QRSciences.

Founded in 1989, SGI is headed by Stanley Altschuler and Richard Cooper, two long-time and highly respected Wall Street professionals, who have assembled an experienced team. Since its inception in 1989, Strategic Growth has achieved an unparalleled level of success, particularly in the software and technology services sectors.

Leading this account for SGI is Mr. Richard Cooper, co-founder of Strategic Growth International, Inc. and Jennifer K. Zimmons, Ph.D., Managing Director. Both Mr. Cooper and Dr. Zimmons have strong relationships with domestic and international financial institutions that specialize in investing in undiscovered technology companies.

About QRSciences:

QRSciences Corporation, based in San Diego, California, is a wholly owned subsidiary of QRSciences Holdings Limited headquartered in Perth, Western Australia. The company designs and develops systems, sub-systems, components and software for security related applications. QRSciences is a developer of advanced technology and leader in the field of Quadrupole Resonance (QR), a next generation technology that uses radio frequency spectroscopy techniques to detect and positively identify a wide range of materials. Applications for the technologies include explosive and narcotic detection, pharmaceutical quality control and assurance, mineral and material assay, lab instrumentation and environmental science.

For more information about QRSciences please visit www.qrsciences.com

Forward-Looking Statements

The discussion above contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements by their nature involve substantial risks and uncertainties. Actual results may differ materially depending on a variety of factors.

Contact Information

  • Contacts
    Mr. Kevin Russeth, CEO
    QRSciences Holdings Limited
    Email Contact
    + 1-858-345-1095

    Investor Relations
    Richard Cooper
    Jennifer K. Zimmons, Ph.D.
    Strategic Growth International, Inc.
    Email Contact
    + 1-212-838-1444