WACO, Texas - Nov. 6, 2003 /Send2Press Newswire/ -- Direct Wireless Communications, Inc. (OTC BB: HDVY), a biotechnology company which is focused on "first-phase" biomarker and pathway discovery for diagnostic markers and drug targets today announced that it has officially changed its name to Health Discovery Corporation. The trading symbol for the company, which is publicly traded on the OTCBB, will also change from "DWCM" to "HDVY". These changes will be effective as of November 6, 2003.

"The name change reflects the Company's new focus on 'first-phase' biomarker and pathway discovery to be used by diagnostic and pharmaceutical companies worldwide," stated Stephen D. Barnhill, M.D., Chairman and CEO of Direct Wireless Communications. "The name change is not simply cosmetic.

Over the past few months, the Company has been completely transformed from a wireless technology company to a fully functioning biotechnology company with a new management team experienced in the business of biotechnology; a new Scientific Advisory Board comprised of world renowned experts in biotechnology, including Nobel Prize winner Kary Mullis, Ph.D., and new Board of Directors with biotechnology expertise. The name change appropriately reflects our focus of building a world-class health discovery company."

Dr. Barnhill continued, "Over the next few weeks, we will be launching a new website to allow our business partners and shareholders to be continuously updated and informed on the Company's progress and business activities."

Health Discovery Corporation was established in September 2003 to become the world's first company, specializing in "first-phase" biomarker and pathway discovery for diagnostic and pharmaceutical companies worldwide.

Organization Website: www.dwcell.com
Source of News: Health Discovery Corporation

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Texas Business Newswire / Medical Technology Newswire
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