AGIN CEO, Con Anast, said, "We are encouraged by the progress that Dmitry Vynogradov, our project manager, and his team have made to date in spite of the considerable difficulties that the Ukraine has experienced over the recent past. We are very excited about extending the P-600 research project and look forward to continued collaboration with Dmitry and his team as we take their work forward."
American Graphite Technologies Inc. is funding project P-600, and hold the rights to all intellectual property developed from the project.
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For more information visit the website at www.americangraphitetechnologies.com
About Kharkov Institute of Physics and Technology ("KIPT")
The Kharkov Institute of Physics and Technology ("KIPT"), is one of the oldest and largest centres of physical science in Ukraine, and was created in 1928 for the purpose of pursuing urgent lines of research (at the time, nuclear physics and solid-state physics). After the disintegration of the USSR the Institute has been actively involved in the process of creating the research complex of Ukraine, as well as in shaping policy and the corresponding institutes of Ukraine in the field of atomic industry, nuclear energy, the development of material science, accelerator equipment and new sources of energy for demands of both civil and defence uses.
By the decree of the President of Ukraine in 1993 the Institute was given the status of the first in Ukraine National Science Centre (the NSC KIPT), and the Cabinet of Ministers of Ukraine confirmed a "Program of atomic science and technique at the NSC KIPT." Nearly 400 PhD and 80 Doctors of Sciences with 7 Members of the National Academy of Sciences of Ukraine work at KIPT. More than fifty individuals are winners of State and International Prizes. Since 1981 more than 60 professional papers written by the scientists of NSC KIPT have been published in peer journals.
About Science and Technology Centre in Ukraine ("STCU")
The Science and Technology Centre in Ukraine ("STCU"), is an intergovernmental organization founded by the governments of the Ukraine, Canada, EU and the USA which supports research and development activities for peaceful applications by Ukrainian, Georgian, Uzbekistani, Azerbaijani, and Moldovan scientists and engineers.
Safe Harbor: Pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995, and within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Exchange Act of 1934, any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals and assumptions of future events or performance are not statements of historical fact and may be "forward-looking statements." Forward-looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward-looking statements in this release may be identified through the use of words such as "expects," "will," "anticipates," "estimates," "believes," or statements indicating certain actions such as "may," "could," or "might" occur. Such statements reflect the current views of AGIN with respect to future events and are subject to certain assumptions, including those described in this release. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products, services, and technologies, competitive market conditions, successful integration of acquisitions, the ability to secure additional sources of financing, the ability to reduce operating expenses and other factors. The actual results that the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. American Graphite Technologies Inc. does not undertake any responsibility to update the "forward-looking" statements contained in this news release.
Contact: American Graphite Technologies Inc. For further information call 011-507-290-3887 Email: Email Contact
