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ZYTO Corp Announces Filing of Form 10 with SEC to Attain aFully Reportinga Status

^{Published on 2010-07-27 05:12:06 - Market Wire}
 

LINDON, Utah--([ BUSINESS WIRE ])--[ ZYTO Corp ] (Pink Sheets: ZYTC) [ www.ZYTO.com ], a Delaware non-publicly reporting company whose shares are publicly quoted for sale on the Pink Sheets, today announced that on July 21, 2010 it filed a registration statement on Form 10 with the Securities and Exchange Commission (the aSECa) to voluntarily become a fully reporting company.

"As a fully reporting company, wea™ll qualify for the attention of more brokers and investors, which can result in greater demand for ZYTO shares and greater liquidity for shareholders."

Once the Form 10 is effective, the company expects to be eligible for listing on the Over the Counter Bulletin Board (aOTCBBa).

aThe Form 10 filing is a significant milestone,a stated [ Dr. Vaughn R Cook, CEO ]. aVery few companies make this transition to fully reporting status. Ita™s a strong indication of our strength, our confidence in the future and our ongoing commitment to our shareholders.a

Filing Form 10 with the SEC does not guarantee ZYTO will achieve fully reporting status. There is a comment period during which the SEC will review the filing and determine ZYTOa™s eligibility and compliance.

Cook said, aTo get to this point has taken incredible attention to detail. Kami Howard, our CFO, takes primary responsibility for regulatory compliance and investor relations, and the Form 10 process under her supervision has gone remarkably well.a

aFully reporting status opens ZYTO shares to a much larger investment community,a said [ Kami J. Howard, CFO ]. aAs a fully reporting company, wea™ll qualify for the attention of more brokers and investors, which can result in greater demand for ZYTO shares and greater liquidity for shareholders.a

About ZYTO Corp

ZYTO Corp was founded by its [ CEO, Dr. Vaughn R Cook, OMD ]. The company designs and builds computer technology to facilitate decision making about healthcare and wellness options. ZYTOa™s product mix includes the Pro, Balance and EVOX, sold exclusively by healthcare professionals, and the Compass System built for distributors involved with specific direct sales or network marketing companies.

For more information visit [ www.ZYTO.com ] or contact their headquarters at 801-224-7199.

Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of the Company's products, increased levels of competition, new products and technological changes, dependence upon third-party suppliers, intellectual property rights, and other risks detailed from time to time in the Company's periodic reports.