CARDIFF, Calif., April 26, 2011 /PRNewswire/ -- Mind Technologies, Inc. (http://mindtechnologiesinc.com) (Pink Sheets: JEDM), is providing an update to shareholders on the progress of the Company's EEG headset currently in development. The Company has taken a completely different approach to the current BCI (Brain Computer Interface) / EEG headsets currently on the market. The Company's goal was to create a user-friendly BCI that eliminates the need for wet sensors, is designed in a way that it does not stand out when worn and produces the most reliable, consistent results. The Company believes they have surpassed all expectations!
While still a few months from being fully developed and manufactured, the initial feedback has been overwhelming. "The approach taken by our team of scientists has been nothing short of revolutionary," stated Brent Fouch, CEO. "Rather than mimic the current market and make improvements in cosmetics and minor functionalities, our team went outside the box and created completely new concepts in both design and functionality," concluded Fouch. Patent searches have been concluded and the patent process is currently underway, as the prototype and manufacturing logistics are being resolved. The Company believes the BCI being created will be the industry standard for developers and research scientists in the near future.
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.