Important factors, including general economic conditions, spending levels, market acceptance of product lines, the recent economic slowdown affecting technology companies, the future success of scientific studies, ability to successfully develop products, rapid technological change, changes in demand for future products, legislative, regulatory and competitive developments and other factors could cause actual results to differ materially from those described in such statements. With the core sensor built, our focus is on developing application specific interfaces that provide the end user with superior chemical detection product suited to their needs.
Although the Company believes that the expectations reflected in such forward looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. About Owlstone Nanotech, Inc. Its proprietary technologies, developed at Cambridge University, are uniquely siliconbased, thereby offering miniaturization and network capability with wireless opportunities.
Department of Justice Mafia Prosecutor and notably as the Drug Czars Liaison to Tom Ridge and the White House Office of Homeland Security. The Company undertakes no obligation to revise or update publicly any forwardlooking statements for any reason.. Its proprietary technologies, developed at Cambridge University, are uniquely siliconbased, thereby offering miniaturization and network capability with wireless opportunities. In parallel, we are continuing to achieve milestones in the miniaturization and optimization of the surrounding electronics. The increase in interest expense was due to the issuance of 6.
Bader is currently Chief Executive Officer effective upon completion of Owlstone Exchange Agreement Achieved initial product orders and shipments for Lonestar and Owlstone vapor generators Awarded second patent from the Given the near completion of the Advance Nanotech restructuring, we are eager to take the reins and rigorously grow our opportunities with our unique chemical detection platform, commented Bret Bader, incoming CEO of Advance Nanotech, Inc. Mr. Joseph Revenue increased by 531,000 while operating expenses decreased by 300,000 and the Company had gain of 534,000 from minority interest related to subsidiaries losses.
Joseph The Company undertakes no obligation to revise or update publicly any forwardlooking statements for any reason.. accounting and controller operations. Using leadingedge micro and nanofabrication techniques, Owlstone has created complete chemical detection system that will set the standards for detection performance and system miniaturization. The Owlstone Detector is revolutionary dimesized sensor that can be programmed to detect wide range of chemical agents that be present in extremely small quantities.
