Funds for Toxin Guard(TM) development in the 2006 U.S. Department of Defense budget
TORONTO, Dec. 22 /CNW/ - Toxin Alert Inc. (TOX - TSX/V) confirmed today that a total of US $ 1.0 million has been appropriated for the further development of its patented Toxin Guard(TM) biochemical sensor system in the fiscal year 2006 budget of the U.S. Department of Defense (DoD). This amount, which is awaiting the President's signature, along with the previously announced appropriation of US $2.0 million for the further development of Toxin Guard(TM) in the 2006 budget of the U.S. Department of Commerce, means that a total of US $ 3.0 million (Cdn. $ 3.5 million) has been appropriated for the further development of Toxin Guard(TM) in the 2006 U.S. Federal budget. The development work related to the Department of Defense will be undertaken by Toxin Alert Inc.'s wholly owned subsidiary, Toxin Alert Corporation; The U.S. Army Armament Research, Development & Engineering Center (ARDEC); the Port Graham Development Corporation of Alaska (PGDC); and The University of Southern Mississippi in Hattiesburg, Mississippi. The development work for the DoD will consist of diagnostic packaging for food, and for other undisclosed projects. "Although we can't discuss everything about some of the proposed uses of Toxin Guard(TM), we can say that it has been identified as a potentially useful tool in the war on terrorism," said Toxin Alert President Bill Bodenhamer. "The applications for this technology are numerous and include rapid bio screen of food supplies, rapid detection of airborne pathogens and bio-secure packaging. We are pleased to be part of a multi-disciplinary research team of polymer scientists, biochemists, and biologists to address and solve issues related to low-cost, mass production of sensors embedded in polymer films", said The University of Southern Mississippi President, Dr. Shelby Thames....
Hey info you are fast! I was getting ready to post this myself. Looks like good techonology by our top polymer scientist. The funding for it seems to be a little porkish and it is certainly not a "research grant" (there was no competition for the funding) though Thames will surely count it as such. Either way, it looks like a good technology.
Angeline wrote: Hey info you are fast! I was getting ready to post this myself. Looks like good techonology by our top polymer scientist. The funding for it seems to be a little porkish and it is certainly not a "research grant" (there was no competition for the funding) though Thames will surely count it as such. Either way, it looks like a good technology.
What top polymer scientist are you referring to? None were mentioned in the press release.