11.03.2005 18:52:00
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Med-Design Postpones Earnings Call
Business Editors/Health/Medical Writers
VENTURA, Calif.--(BUSINESS WIRE)--March 11, 2005--The Med-Design Corporation (NASDAQ:MEDC), announced today that it is postponing its earnings conference call previously scheduled for Monday, March 14, 2005. Due to delays relating to the Company's assessment of internal control over financial reporting responsive to the requirements of the Sarbanes-Oxley Act, the Company anticipates that it will submit a notification of late filing with the Securities and Exchange Commission with respect to its annual report on From 10-K and file the Form 10-K by March 31, 2005. The Company expects to reschedule the earnings conference call to occur prior to the filing of the Form 10-K.
Forward Looking Statements
This release contains forward looking statements within the meaning of The Private Securities Litigation Reform Act of 1995, including, among others, the anticipated date of filing of the annual report on Form 10-K. There are important factors that could cause a delay in filing, including a delay in completion of the assessment of the Company's internal control over financial reporting. For more information and to view Med-Design's retracting needle safety technology, please visit www.med-design.com.
About Med-Design
Founded in 1990, the Med-Design Corporation has developed technology related to 38 safety needle products designed to enable medical workers to perform a wide range of medical procedures with products that retract the needle into a protective housing rendering the contaminated needle inoperative. Med-Design's safety needle products and technologies cover applications within the important risk areas of blood collection, infusion therapy, venous and arterial insertion, and injection. Med-Design develops user-friendly and cost-effective safety needle devices and technologies, utilizing its expertise in creating technology for products that meet stringent user requirements, while minimizing manufacturing cost. Med-Design has a significant portfolio of issued and pending patents protecting its proprietary safety needle technology. Approximately half of Med-Design's product designs have been licensed. Med-Design is actively seeking partners for its remaining products and designs.
On the Net: Med-Design Corporation site: www.med-design.com.
--30--RM/ph*
CONTACT: Med-Design Corporation, Ventura Larry Ellis Chief Financial Officer 805-339-0375 or David Dowsett Acting Chief Executive Officer 805-339-0375 or Media: Tierney Communications Denise Portner, 215-790-4395
KEYWORD: CALIFORNIA INDUSTRY KEYWORD: BANKING MEDICAL DEVICES MEDICAL EARNINGS CONFERENCE CALLS SOURCE: Med-Design Corporation
Copyright Business Wire 2005
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