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Mind Technologies, Inc. Files Patent for Advanced EEG Technology

by admin on June 30, 2011

Mind Technologies, Inc. (OTC Pink: MTEK), announces the progress of the Company’s proprietary EEG headset and is providing an update on the Company’s Form 2-11 submission. Mind Technologies has paid for and filed a comprehensive patent application with the U.S. Patent and Trademark office relating to the new design and function of the Company’s advanced EEG headset technology. The technology being developed is smaller, lighter, and designed with the end user in mind. The proprietary EEG headset will operate the Company’s thought controlled software applications and is expected to be the premier platform for the brain computer interface (BCI) market.

Experts at the Consumer Electronics Show (CES) say that mind-controlled technology may be the next big thing, according to an article published in the Denver Post - Mind-controlled devices may be next, say experts at CES – The Denver Post . Mind Technologies is positioned on the ground floor of this emerging sector and believes the Company’s proprietary EEG hardware and thought controlled software applications will bring long term shareholder value through internal growth or by acquisition from a larger corporation seeking to enter the market.

The Company is working diligently with our market maker with the filing of our Form 2-11 application with FINRA to be re-instated on the OTC Pink market as a current issuer, filing quarterly financial reports going forward. The application is a process that can take days or weeks to be approved. The Company does not foresee any delays in the process and will update shareholders upon approval.

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