INVESTORSCorporate ProfileMicro Identification Technologies, Inc. (MIT) is a California-based public company (MMTC - News) that has developed and patented a rapid microbial identification system that can revolutionize the $5B rapid microbial test market - by annually saving thousands of lives and tens of millions of dollars. The MIT 1000 System identifies bacteria in minutes, not days and at significant cost savings compared to conventional methods. All rapid testing methods, as of 2007, represented less than 10 percent of the total microbial test market that since 1998 has had an annual expansion of 9.2 percent - with growth projections for 30 percent annually. These test demands are driven by major health, safety and homeland security issues. |
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