Medical International Technology Closes $200,000 Private Placement

April 28, 2009 (FinancialWire) — Medical International Technology Inc. (OTC: MDLH) said it has received a $200,000 private placement from its future Chinese partners.

The company said that the financing is part of a joint venture agreement with the aim of developing and marketing Medical International’s “needle free” injection technology.

Medical International said that the technology is the outcome of more than twenty-eight years of research and development, and has resulted in product lines aimed at both humans and animals.

Denver-based Medical International Technology has subsidiary offices in Montreal, specializes in the development, production, marketing and sale of needle-free injectors both for humans and animals, for individual and mass vaccinations.

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