New York City
- June 29, 2004 - Manhattan Scientifics, Inc. (MHTX:OTC:BB) said today that the
company is now fully reporting and its stock has resumed trading on the OTC Bulletin
Board.
CEO Marvin Maslow said,
"We were delisted in May 2003 as a result of our weak cash position that
made it difficult to meet our reporting requirements. Although we still find it
difficult to raise funds, we have been able to bring our audit and other payables
up to date and resume our previous status as a fully reporting company. We are
continuing our efforts to commercialize our technology into meaningful results
for our shareholders."
About Manhattan Scientifics
Manhattan Scientifics, Inc. (www.mhtx.com) is
a technology development company working in the fields of alternative energy,
and computer touch technology. The company's development laboratories are located
in Los Alamos and Albuquerque, New Mexico. Its executive facility is located in
New York City. Copies of Manhattan Scientifics' press releases, current quotes,
stock charts and other information for investors may be found on the website
www.hawkassociates.com
www.hawkmicrcocaps.com
The
foregoing press release contains forward-looking statements (including expectation
of future events), which are subject to risks, and uncertainty, which may be beyond
the company's control. Actual results could differ materially for many reasons
including but not limited to completion of R&D and successful commercialization
of products/services, patent completion, prosecution and defense against well-capitalized
competitors. These are serious risks and there is no assurance that our forward-looking
statements will occur or prove to be accurate.
Executive
Contacts:
Marvin
Maslow, CEO, Manhattan Scientifics (917) 923-3300.
Email:maslow@ix.netcom.com
Jack Harrod
Chief Operating
Officer
Manhattan Scientifics, Inc.
214.675.8033
Email:harrod@airmail.net
Media Contact: Richard Rubenstein, Rubenstein PR (212) 843-9222
Email: rruben@rpr1.com
Investor Relations Contact:
Frank Hawkins, (Hawk Associates) (305) 852-2383
Email: Info@hawkassociates.com