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Medical Technology News
Recent Newswire Stories from PRnetwire™ and eNewsChannels.com™

Edited by Christopher Simmons, senior news editor


DIRECT WIRELESS COMMUNICATIONS, INC. ANNOUNCES AGREEMENT WITH MD ANDERSON CANCER CENTER FOR CANCER DISCOVERY

WACO, TX - (Send2Press Newswire) - Oct. 31, 2003 -- Direct Wireless Communications, Inc. (OTC BB: DWCM) today announced the signing of an Agreement with The University of Texas, M.D. Anderson Cancer Center in Houston Texas to analyze a gene expression data base to identify new biomarkers and pathways involved in leukemia.

Under the terms of the Agreement, The University of Texas, MD Anderson Cancer Center, has granted the Company a first option to obtain an exclusive worldwide royalty-bearing commercial license to commercialize any discovered biomarkers or pathways identified by the Company.

For the third time in four years, The University of Texas M. D. Anderson Cancer Center is ranked the nation's top cancer hospital in U.S. News and World Report's "America's Best Hospitals" survey, published in the magazine's July 28 issue.

Stephen D. Barnhill, M.D., Chairman and Chief Executive Officer of Direct Wireless Communications stated, "This is a tremendous opportunity for our Company to demonstrate our ability to identify new biomarkers and pathways in cancer and then commercialize our discovery." Dr. Barnhill continued, "we look forward to working with the Physicians and Clinical Scientists at MD Anderson Cancer Center on this very exciting project."

Dr. Herbert Fritsche, Professor and Chief of Clinical Chemistry, at MD Anderson Cancer Center said, "This collaboration with Health Discovery Corporation will give us access to new bioinformatics tools for data analysis that will lead to discovery in leukemia. We hope to use these bioinformatics tools to develop new diagnostic approaches for leukemia and improve the clinical management of these patients."

Leukemia is a type of cancer that originates in the bone marrow. The accumulation of malignant cells interferes with the body's production of healthy blood cells and makes the body unable to protect itself against infections. According to the National Cancer Institute (NCI), over 30,000 new cases of leukemia are diagnosed each year in the United States alone.

Direct Wireless Communications, Inc. is in the process of changing its name to Health Discovery Corporation. Health Discovery Corporation was established in September 2003 to become the world's first fully integrated biomarker Discovery Company. The Company will provide pharmaceutical and diagnostic companies with all aspects of "first phase" diagnostic and drug discovery.

This news release contains "forward-looking statements" within the meaning of Section 27a of the Securities Acts of 1933 and Section 21E of the Securities Exchange Act of 1934. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove correct.


Organization Website: www.dwcell.com
Source of News: Direct Wireless Communications, Inc.

Find More Stock Info, Charts, News on OTC BB: DWCM
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Texas Business Newswire / Medical Technology Newswire
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