IRVINE, CA--(Marketwired - Oct 12, 2017) - EP Global Communications, Inc. (OTC: EPGL) In a first for EPGL since acquiring 100% of its ophthalmic IP portfolio, one of the world's leading multi-billion-dollar public companies, in a brand-new relationship for EPGL, has made EPGL technology and its patented Elastic Circuit technology as the choice for a closely guarded and proprietary development of a new contact lens prototype to undergo FDA testing as early as next year. This goes beyond a right of first negotiation to now having EPGL technology at the center of a commercial project that addresses a multi-billion-dollar market in the field.
"We are on target with our strategy and the proof is that major companies are now choosing EPGL tech for actual market commercialization, not just first rights. Just as the number of our patents has grown, the number of corporate suitors for our technology will grow exponentially, I predict. Smart investors should take positions now if they believe we have growth potential for the next phase of EPGL and InWith, which starts today," said Michael Hayes. "As we promised, our patents are getting granted and becoming more and more valuable to other major entities as they begin to pursue projects for the next generation of vision care and augmentation. The next phase has started and savvy investors can participate."
In addition to the brand-new developments announced here today, EPGL and InWith (www.inwithcorp.com) plan to announce major venture capital partners between now and the holiday season. As a new start-up, InWith will license EPGL technology and is aggressively pursuing the InLens / Omega autofocus projects announced earlier this year -- another multi-billion dollar field predicted by industry leaders. In addition, InWith is still aiming to make an acquisition of EPGL IP and shareholders as soon as possible unless another entity beats them to it.
About EP Global Communications, Inc. (www.epglmed.com)
EP Global Communications, Inc. is an advanced technology research and development company for both medical devices and consumer electronics devices specializing in microelectronic mechanical systems (MEMS).
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