CARDIFF, Calif., Dec. 20, 2010 /PRNewswire/ -- Mind Technologies, Inc. (http://mindtechnologiesinc.com) (Pink Sheets: JEDM), announced today that the Company will begin selling the Emotiv EEG headset in addition to the thought-controlled software applications the Company develops. Mind Technologies, Inc. is officially an Emotiv wireless headset reseller and beginning January 1st, 2011, website visitors will be able to purchase the headset directly from Mind Technologies for $299, the same price as it is sold by Emotiv. The Company plans to increase its marketing next year and expects a boost in revenue from sales of both the hardware and software developed.
The investor conference call held last week on December 15, exceeded all expectations with 77 individuals who called into the conference. "The conference call with investors and other interested parties went extremely well. We plan on holding these calls with our investors quarterly. This is an effort to open up our company and our management team to become more transparent to the investing community and other interested individuals," said Brent Fouch, CEO and President of Mind Technologies, Inc.
"We also realize that our investors have great ideas as well and we want to expand and improve our communication with them to become part of the Mind Technologies team. We are a publicly owned company and are going to conduct our business with our shareholders in mind, which puts us head and shoulders above most of our peers in that respect," Fouch concluded.
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.