Press release
Animal Replacement Technologies Private Offering
Animal Replacement Technologies announced today the opening of a new round (Series A) of private equity financing to fund initial expansion. This offering is available to select individuals, business entities, and educational institutions, and currently involves up to $1 miilion USD in Common Stock. The offering is scheduled to close on April 30, 2007 or when fully subscribed. Please note that this is an announcement only and not an offer to purchase or sell securities.Animal Replacement Technologies, based in Sarasota, Florida, develops sophisticated synthetic human tissues and body parts for the medical device, consumer product, and pharmaceutical industries. These patented products employ replacable muscles, tendons, veins, arteries, and organs, all made from novel materials that mimic the structural, chemical, and mechanical properties of discrete living tissues. Our models are currently used by Fortune 500 medical device manufacturers in validation testing, by medical professionals in surgical training, and by military manufacturers in ballistics testing.
Developers, researchers, and educators use Animal Replacement Technologies' products to perform highly compelling benchmarking studies. Such tests allow the developer to illustrate performance differences between prototype variants or prototypes and previously released devices. Used in this capacity, these products are the best tool available for supporting substantial equivalence claims to the FDA.
"There is no rubber, glass, or plastic in our products", says Dr. Christopher Sakezles, the President of Animal Replacement Technologies. "Each one of our extensive library of synthetic human tissues is designed on the basis of tests performed on live tissue, and much like the real thing our tissue analogs are composed of water, fibers, and salts. In fact, each component we make, such as an individual piriformis muscle, is itself comprised of multiple complex constructions . . . these are highly sophisticated composite materials."
Animal Replacement Technologies
2522 Trailmate Drive
Sarasota, Florida 34243
Main: 941-727-0488
Fax: 941-727-0489
Web: www.anireptec.com
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