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David H. Fater
President and Chief Executive Officer
(800) 998-9964
Vicor Technologies Retains Investment Bank WestPark Capital to Advise on Financings and Strategic Initiatives
LOS ANGELES, CA — Vicor Technologies, Inc. ("Vicor" or the "Company") announced that it has retained a leading Investment Banking firm, WestPark Capital, Inc. ("WestPark"), to advise the Company on financing opportunities as well as strategic initiatives, including investor relations and integrating acquisitions.
"We believe WestPark is uniquely positioned to provide a comprehensive range of consulting and investment banking services to a private company such as ours," said David Fater, CEO of Vicor Technologies, Inc. "As we advance a strategy focused on growth and maximizing shareholder value, we believe our continued working relationship with WestPark is essential in achieving these objectives."
Richard Rappaport, Chief Executive Officer at WestPark stated, "WestPark has worked with many companies in the medical device sector, and accordingly we have developed a great knowledge of the space. We look forward to lending our expertise to the execution of the Company's strategic growth plans."
ABOUT VICOR TECHNOLOGIES, INC.
Vicor is a biotechnology company dedicated to the development of innovative diagnostic and therapeutic products. Vicor's diagnostics products are based on the Company's patented PD2i algorithm which is used to predict future pathological events, specifically but not limited to Sudden Cardiac Death, Alzheimer's Disease and a number of other high profile diagnostic indications. The Company's therapeutic products have been developed by using an innovative drug discovery platform, which focuses on naturally occurring biomolecules derived from state-dependent physiologies such as hibernation.
ABOUT WESTPARK CAPITAL, INC.
WestPark Capital, Inc. is a full service investment banking and securities brokerage firm that serves the needs of both private and public companies worldwide, as well as individual and institutional investors. WestPark is committed to forging lasting partnerships with emerging growth companies and the investors who back them. WestPark's approach is to provide customized financial solutions for virtually any need. A complete range of investment banking and brokerage services is available to corporate and individual clients. WestPark's corporate finance professionals have the depth of experience and resources to create integrated financing solutions for both private and public marketplaces. Additionally, WestPark offers an exceptional array of private client services through its dedicated group of financial consultants. WestPark Capital understands the importance of strong relationships in today's dynamic business environment and welcomes the opportunity to leverage this power into success for its customers.
For more information visit www.wpcapital.com.
For further information, please contact:
Richard Rappaport - rrappaport@wpcapital.com;
Anthony Pintsopoulos - tonyp@wpcapital.com;
WestPark Capital, Inc. (310) 843-9300
1900 Avenue of the Stars, Suite 310
Los Angeles, CA 90067
www.wpcapital.com
Certain statements contained herein are "forward-looking" statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Vicor Technologies, Inc., prepared this update and is solely responsible for its content.