NEW YORK, Dec. 19, 2000 (PRIMEZONE) -- Neurotech Development Corporation (OTCBB:NURO) announced today that it has entered into a two-year financial advisory agreement with Security Capital Trading Inc., a licensed brokerage and underwriting firm, which is a member of NASD, SIPC, and MSRB, located at 111 Broadway, New York. Under the terms of this agreement, Security Capital will provide consulting advice as an investment banker to Neurotech. The agreement contemplates that Security Capital will independently review financial and similar matters relating to Neurotech's business, which includes its overseas contracts in China and Indonesia, its planned acquisitions, financial instruments, current investments, and management. Pursuant to its review and findings, Security will prepare a report for the Neurotech Board of Directors, as well as assist Neurotech in preparing a strategic plan addressing its financing, management and acquisition program needs.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained in this news release that are not historical facts may be "forward-looking statements" that involve risks and uncertainties, which could cause the actual results to differ materially from those currently anticipated. For example, statements that describe the company's hopes, plans, objectives, goals, intentions, or expectations are forward-looking statements made herein and are only made as of the date of this news release. The company undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.