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Posted: JAN 16, 2008
CSMG
Technologies Announces Frank D'Amelio to Become President
and Board Member of its Subsidiary Live Tissue Connect,
Inc.
Corpus Christi, TX, January 16, 2008 -- CSMG Technologies,
Inc., (OTCBB: CTUM
- News),
a technology management company, announced that its
subsidiary, Live Tissue Connect (“LTC”), has hired a
President and named that person to the Board of Directors.
Don Robbins, President and CEO of CSMG Technologies,
said, We are very pleased Frank has agreed to
join LTC as its President and a member of the board
to lead the Company into the era of marketing, manufacturing
and distribution. Frank has demonstrated superb leadership
while working through a comprehensive commercialization
plan. Hes implemented an effective product development
strategy, hired a high caliber team, set-up needed clinical
testing, worked through regulatory issues and helped
position the Company and its products as a unique bipolar
medical device innovator. We are excited that Frank
has chosen to lead LTC as it enters the European and
other world markets. Frank has stellar connections with
medical device distributors and companies worldwide.
Having received the CE Mark approval on our electrosurgery
generator and with commercial manufacturing of these
instruments and generator in-process, we hope to enter
the European markets toward the end of this quarter
or early next quarter.
LTC new President, Frank DAmelio added, I
am pleased to accept this position with such an innovative
medical device company. Don has done an excellent job
of identifying and investing in leading, next generation
technology platforms. LTC is developing and commercializing
advanced bipolar-technology instruments that seal, cut
and weld tissue. Im proud of the results our team
has produced in the past year and look forward to the
distribution of the resultant generators and disposable
instruments.
Mr. DAmelio was the former Chief Technology Officer
for Gyrus Group PLC; Chief Manufacturing Officer for
ACMI Corporation and General Manager for Circon Corporation.
He also has extensive M&A, strategic alliance and
distribution experience.
About Live Tissue Connect
LTC's surgical tissue bonding / welding device is a
patented platform technology that bonds and reconnects
human soft tissue through fusion, in contrast with conventional
wound closing devices such as sutures, staples, sealant,
or glues. LTC currently holds a total of approximately
44 patents and patent applications in the U.S., Australia,
Canada, European Union, Ukraine and other countries.
For further information on CSMG Technologies and its
various subsidiaries, please visit our website at www.csmgtechinternational.com.
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information within the meaning of Section 21E of the
Securities Exchange Act of 1934 as amended (the Exchange
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CONTACT:
CSMG Technologies, Inc.
Donald S. Robbins, President and CEO
361-887-7546
or
K. Bruce Jones, 770-955-0409
or
ROI Group Associates, Inc.
Michael Dodge, 212-495-0744
mdodge@roiny.com
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