As an incentive to exercise the Company’s
outstanding Redeemable Class A Warrants, the Company is planning to offer
the Class B Warrants to those holders of the Redeemable Class A Warrants,
issued in connection with the Company’s initial public offering (the
“Class A Warrants”), who properly exercise a Class A Warrant after the
effective date of the offering and on or before the termination of the
offering. The terms of the offering, including the reduction of the
respective exercise prices of the Class A Warrants and the Class B
Warrants, will be determined upon effectiveness of the offering.
A registration statement relating to these securities has been filed with
the Securities and Exchange Commission but has not yet become effective.
These securities may not be sold nor may offers to buy be accepted prior
to the time the registration statement becomes effective. This
announcement shall not constitute an offer to sell or the solicitation of
an offer to buy nor shall there be any sale of these securities in any
state in which such offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of any such state.
Forward-looking statements in this press release are made under the safe
harbor provisions of the Private Securities Litigation Reform Act of 1995.
The Company wishes to caution readers not to place undue reliance on any
forward-looking statements and to recognize that the statements are not a
prediction of actual future results. Actual results could differ
materially from those presented and anticipated in the forward-looking
statements due to the risks and uncertainties set forth in the Company’s
2001 Annual Report on Form 10-KSB under the caption “Risk Factors,” as
well as others not now anticipated.
CVProfilor is a registered trademark of Hypertension Diagnostics, Inc.
Hypertension Diagnostics, HDI/PulseWave, PulseWave and CVProfile are trademarks of
Hypertension Diagnostics, Inc. All rights reserved.
Investor Relations: Jens Dalsgaard and Tony Altavilla,
Managing Directors
Redwood Consultants, LLC
Mill Valley, CA 94941
415-380-0500
Contact: Greg H. Guettler, President