"mining The Brain" Delivers Increased Earnings For Investors

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25th August 2010, 01:23pm - Views: 839





Business Finance Brain Resource Ltd 1 image









Brain Resource Ltd ABN 24 094 069 682


Level 12, 235 Jones Street, Broadway NSW 2007 Australia   Phone: +61 2 9213 6666   Fax: +61 2 9211 2710



“MINING THE BRAIN” DELIVERS INCREASED EARNINGS FOR INVESTORS 


The world’s largest brain database delivering millions in export earnings as the

new wave in resource exploration takes off

25 August 2010


Australia’s Brain Resource Ltd has recorded a strong growth in 2009/2010 with earnings before tax

increasing 131% to $2.9 million.


Over the same period revenues increased to $8.2 million, including 42% growth in the clinical solutions

component. 


Brain Resource is an international leader in mining the hidden resource of the human brain, using the

largest data-base of brain function anywhere in the world.


“The resource we mine is the brain”, says Chairman of Brain Resource Ltd, Dr. Evian Gordon.


“Quite simply our database is the physiological equivalent of the Pilbara gas and ore deposits in

Western Australia”.


“And in 2009/2010 our mining of this resource has delivered important commodities which have helped

increase both earnings and revenue”.


“Our ‘MyBrainSolutions.com’ product that is powered by the database, has delivered significant growth

in the US market with contractual commitments from 5 multinationals.” 


“Already ‘MyBrainSolutions’ is an every day brain training exercise to increase productivity for

thousands of US employees in some of the Fortune 100 top companies”.


“Already the thousands of people using ‘MyBrainSolutions’ on a daily basis have accessed the on-line

and mobile phone brain training exercises more than 230,000 times”.


“WebNeuro, our clinical decision support product, is another valuable commodity which is delivering

real results in the area of ADHD and Depression to deliver more objective “personalised” screening,

diagnostic and best treatment options”.


“And we are now close to completing the first 1,000 patients in iSPOT, the world’s largest trial to

predict who will best respond to what treatment in Depression and ADHD”.


“The brain is the most promising natural resource we have anywhere in the world and it is a resource

that grows rather being depleted with increasing use”




Business Finance Brain Resource Ltd 3 image




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“This financial year has seen Brain Resource’s three key products from this mine significantly impact

commercially, particularly in the US. 


“We anticipate that this string growth will continue as we continuing exploiting this valuable resource

over the current financial year”, said Dr. Gordon.














Media contact: Julian Brophy; julian@perceptionpartners.com.au; 0408 276 749

Company contact: Dr Evian Gordon (CEO); evian.gordon@brainresource.com; 0409 272 000




Dan Segal (COO); dan.segal@brainresource.com; 0409 272 777







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