Business Services Industry

Eye Dynamics Files 10QSB for 3rd Quarter; October Revenues on Target for Continued Record Sales

Business Wire, Nov 7, 2003

Business Editors

TORRANCE, Calif.--(BUSINESS WIRE)--Nov. 7, 2003

Eye Dynamics (OTCBB:EYDY), today announced that it has filed the 10QSB with the SEC for the 3rd quarter of 2003. Also announced was October revenues exceeding $300,000, which is on target for continued record sales in the 4th quarter.

"It is satisfying to file a 10QSB Report that has very positive results for the company," stated Charles Phillips, President of Eye Dynamics. "October revenues are on target for a very good 4th quarter which would conclude an outstanding growth year for Eye Dynamics. We appreciate how our shareholder base has supported us as we positioned the company for growth with internally developed product. We will continue to use our core technology to enhance our products for use in new segments of the medical market."

About Eye Dynamics, Inc.

Eye Dynamics is in the business of producing and marketing patented proprietary products and other services for the institutional, medical and government markets. The company is a leader in the Video ENG medical product market, having invented the Video ENG system and brought it to market in 1994. SafetyScope, the company's latest product, is designed for the "fitness-for-duty" screening of workers. SafetyScope is simple to use, takes only 90 seconds and does not require any body fluids like urine-based drug testing. It is based on the manual methods of evaluating eye responses of an individual to detect neurological signs of impairment used by law enforcement throughout the United States.

To find out more about Eye Dynamics, Inc. (OTC:EYDY), visit our web site at www.EYEDYNAMICS.COM.

Safe Harbor for Forward Looking Statements

This news release includes forward-looking statements that are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. While these statements are made to convey to the public the company's progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. Whereas management believes such representations to be true and accurate based on information and data available to the company at this time, actual results may differ materially from those described. The company's operations and business prospects are always subject to risk and uncertainties. Important factors that may cause actual results to differ are set forth in the company's periodic filings with the U.S. Securities and Exchange Commission.

COPYRIGHT 2003 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning

 

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