Mind Technologies, Inc. Update on Business Developments
CARDIFF, Calif., Jan. 18, 2012 /PRNewswire/ -- Mind Technologies, Inc. (OTC Pink -MTEK) (www.mindtechnologiesinc.com ), which develops thought controlled technology applications and software, announced significant updates regarding the Company's products.
MTEK has continued operations and continues to develop its brain-computer interface (BCI) and software applications. The (BCI) headset continues to be developed with some innovations which will be exciting once revealed. The Company has received prototypes back from our development team in Asia and will be reviewing and testing prior to manufacturing. The Company's (BCI) headset is anticipated to be smaller, user-friendly and uses dry sensor technology.
Last week, Company representatives attended the annual Consumer Electronics Show (CES) in Las Vegas and were pleased to find no competition for their specific device or software. "On the business side we have continued to push ahead and make a lot of improvements to the BCI and our software applications. We are very excited with the development of mobile apps and medical apps with regard to our new micro BCI being developed," said CEO Brent Fouch.
The Company encourages shareholders to call our offices for direct updates regarding the progress of our technology and the market for MTEK.
About Mind Technologies, Inc.
Mind Technologies, Inc. develops software for thought controlled technologies, allowing the user to interact with the computer and other machines through the power of the mind. The technology involves the use of a wireless headset, which detects brainwaves on both the conscious and non-conscious level. This revolutionary neural processing technology makes it possible for computers to interact directly with the human brain. The Company creates medical applications and video games that are controlled by the power of your mind.
From time to time, the Company may issue news releases that contain "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, and is subject to the safe harbor created by those sections. This material may contain statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. For those statements, the Company claims the protection of the safe harbor for forward-looking statement provisions contained in the Private Securities Litigation Reform Act of 1995 and any amendments thereto. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performance are not statements of historical fact and may be
"forward-looking statements." "Forward-looking statements" are based upon expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties that could cause actual results or events to differ materially from those anticipated.
SOURCE Mind Technologies, Inc.
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