Medina International Corp. Announces Appointment of Former Prime Minister of Israel Ehud Barak to Advisory Board
06 Abril 2006 - 8:23PM
Business Wire
Medina International Corp. (OTCBB: MDIN) ("Medina" or "the
Company"), announces today the appointment of Mr. Ehud Barak to its
advisory board. In April 1983, Maj. Gen. Barak was appointed Head
of the Intelligence Branch at the Israel Defence Forces (IDF)
General Headquarters. In January 1986, he was appointed Commander
of the IDF Central Command, and in May 1987 was appointed Deputy
Chief-of-Staff. In April 1991, he assumed the post of the 14th
Chief of the General Staff and was promoted to the rank of Lt.
General, the highest in the Israeli military. He played a central
role in finalizing the peace treaty with Jordan, signed in 1994.
General Barak was awarded the "Distinguished Service Medal" and
four other citations for courage and operational excellence. Ehud
Barak holds a B.Sc. in Physics and Mathematics from the Hebrew
University in Jerusalem (1976), and an M.Sc. in
Engineering-Economic Systems from Stanford University, California
(1978). He served as Israeli Minister of the Interior from
July-November 1995 and as Minister of Foreign Affairs from November
1995 until June 1996. Elected to the Israeli Knesset in 1996, he
served as a Member of the Knesset Foreign Affairs and Defense
Committee. In 1996, General Barak was elected Chairman of the Labor
Party. Ehud Barak was elected Prime Minister of Israel on May 17,
1999, forming his government to the Knesset on July 6, 1999,
assuming office as Prime Minister and Minister of Defense. He
completed his term as Prime Minister on March 7, 2001. About Medina
International Corp. Medina is developing and testing a prototype of
its first product called the Peroxide Explosives Tester or PET. PET
is a small pen like probe, included in a mobile kit for determining
the presence of peroxide-based explosives using three chemical
solutions and relies on direct contact with the suspicious
substance. PET is being designed for rapid, on-site detection of
peroxide-based explosives and its main advantages are high
sensitivity, high selectivity, fast response, simple operation,
small size and cost effectiveness. It is anticipated that PET may
be launched in 2006. Safe Harbor Statement This press release
contains statements, which may constitute "forward-looking
statements". Those statements include statements regarding the
intent, belief or current expectations of Medina International
Corp., and members of our management as well as the assumptions on
which such statements are based. Forward-looking statements in this
release include statements that include that we are developing and
testing a prototype of our first product called the PET; that PET
will be designed for rapid, on-site detection of peroxide-based
explosives and its main advantages are high sensitivity, high
selectivity, fast response, simple operation, small size and cost
effectiveness; and that PET may be launched in 2006. Factors which
may significantly change or prevent our forward looking statements
from fruition include that we may be unsuccessful in developing any
products; that our technology may not be validated as we progress
further and our methods may not be accepted by the scientific
community; that unforeseen scientific difficulties develop with our
process; that our patents are not sufficient to protect essential
aspects of our technology; that competitors may invent better
technology; that our products may not work as well as hoped; and
that we may not be able raise funds for development or working
capital when we require it. As well, our products may never develop
into useful products and even if they do, they may not be approved
for sale to the public. For further risk factors see the Company's
recent 8-K filed with the SEC describing the acquisition of our
technology.
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