SOURCE: Rheologics Technologies, Inc.

May 04, 2007 17:17 ET

Rheologics Technologies Evaluating Strategic Directions

EXTON, PA -- (MARKET WIRE) -- May 4, 2007 -- Rheologics Technologies, Inc. ("Rheologics" or the "Company") (PINKSHEETS: RTGI) today announced that management will be assembling a team to evaluate the strategic direction of the Company. Current management will seek to include representatives of third-parties and independent shareholders to evaluate the Company's core business and opportunities accurately and objectively.

Cautionary Note Regarding Forward-Looking Statements

This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including but not limited to statements regarding the Company's beliefs and expectations about the performance and benefits of its technology; marketing and commercialization activities; and our beliefs regarding research and development efforts. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ. All forward-looking statements herein are based on information available to us as of the date hereof, and we undertake no obligation to update forward-looking statements to reflect events or circumstances occurring after this date.

Contact Information

  • Contact Rheologics:
    Teresa Shuler