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Vicor
Technologies, Inc. Retains Investment Bank
WestPark Capital, Inc. to Advise on Financings
and Strategic Initiatives
January 20, 2005
LOS ANGELES, CA – Vicor Technologies,
Inc. (“Vicor” or the “Company”)
announced that it has retained a leading
Investment Banking firm, WestPark Capital,
Inc. (“WestPark”), to advise
the Company on financing opportunities
as well as strategic initiatives, including
investor relations and integrating acquisitions.
"We believe WestPark is uniquely
positioned to provide a comprehensive range
of consulting and investment banking services
to a private company such as ours," said
David Fater, CEO of Vicor Technologies,
Inc. "As we advance a strategy focused
on growth and maximizing shareholder value,
we believe our continued working relationship
with WestPark is essential in achieving
these objectives."
Richard Rappaport, Chief Executive Officer
at WestPark stated, "WestPark has
worked with many companies in the medical
device sector, and accordingly we have
developed a great knowledge of the space.
We look forward to lending our expertise
to the execution of the Company's strategic
growth plans.”
ABOUT VICOR TECHNOLOGIES, INC.
Vicor is a biotechnology company dedicated
to the development of innovative diagnostic
and therapeutic products. Vicor's diagnostics
products are based on the Company's patented
PD2i algorithm which is used to predict
future pathological events, specifically
but not limited to Sudden Cardiac Death,
Alzheimer's Disease and a number of other
high profile diagnostic indications. The
Company's therapeutic products have been
developed by using an innovative drug discovery
platform, which focuses on naturally occurring
biomolecules derived from state-dependent
physiologies such as hibernation. Additional
corporate information is available on the
Internet at www.vicortech.com .
ABOUT WESTPARK CAPITAL, INC.
WestPark Capital, Inc. is a full service
investment banking and securities brokerage
firm that serves the needs of both private
and public companies worldwide, as well
as individual and institutional investors. WestPark
is committed to forging lasting partnerships
with emerging growth companies and the
investors who back them. WestPark's
approach is to provide customized financial
solutions for virtually any need. A
complete range of investment banking and
brokerage services is available to corporate
and individual clients. WestPark's corporate
finance professionals have the depth of
experience and resources to create integrated
financing solutions for both private and
public marketplaces. Additionally,
WestPark offers an exceptional array of
private client services through its dedicated
group of financial consultants. WestPark
Capital understands the importance of strong
relationships in today's dynamic business
environment and welcomes the opportunity
to leverage this power into success for
its customers.
For more information visit www.wpcapital.com .
For further information,
please contact:
Richard Rappaport
Anthony Pintsopoulos
WestPark Capital, Inc. (310) 843-9300
1900 Avenue of the Stars, Suite 310
Los Angeles, CA 90067
http://www.wpcapital.com |
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