First Warning Systems announces Letter of Intent with UniCorp Biotech

First Warning Systems, Inc. announced a Letter of Intent with Budapest, Hungary, European Union based medical products marketing partner, UniCorp Biotech. "We look forward to productive developments regarding the regulatory advise, marketing and distribution resources of UniCorp Biotech", says Jim Holmes, Chairman and CEO of First Waning Systems. "The Letter of Intent outlines a mutually beneficial process for defining how the capabilities of UniCorp Biotech can partner with First Warning", adds Dr. Laszlo Horvath, CEO.

"We are planning for the CE Mark process early in 2013 to be followed by clinical validation and market entry of the First Warning Systems in select European markets", says Matt Benardis, First Warning Operations Manager. "Discussions with Dr. Horvath regarding UniCorp Biotech services to expedite certification and time-to-market have been encouraging", adds Benardis.

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