Bales is a well-known and trusted medical device executive who continues to maintain many contacts with leading surgeons, medical companies, and sales groups," said
GTG Board member Robert Stopanio.
The operational
GTG product includes an hourly analysis of turbulence potential from FL200 through FL450.
"
GTG manufactures a full line of consumer paper products equal to the national brands," the spokesman stresses.
Collins says that the
GTG companies, like the hedgehog, have one thing that they are better at than anyone else.
The tests will be performed by
GTG and will also be made available to the GENDIA network of international genetic testing laboratories, which will bring these tests to more than 70 countries around the world, including key markets in United States and Europe.
"We are extremely pleased and excited to have the opportunity to acquire this business from Nortel Networks," said Vance Diggins, president of
GTG. "Nortel Networks has established a strong position in the public access terminal and network management industry, and this business is ideally positioned to quickly establish a leadership position for
GTG in the public communications market, with its premier product offerings and leading-edge technological capabilities."
GTG will invest $250,000 into the JV and have a 49% equity stake.
For more information on
GTG visit www.global-med.us.com.
Perth, Australia, June 16, 2006 - (JCN Newswire) - Genetic Technologies Limited (ASX:
GTG)(NASDAQ: GENE) is pleased to announce that it has entered into an agreement with DNA Bioservices Pty.
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