|
Posted: JAN 23, 2007
Consortium
Service Management Group, Inc. Announces Approval of
Official Name Change to CSMG Technologies, Inc.
Corpus Christi, TX, January 23, 2007 -- CSMG Technologies,
Inc., (OTC Bulletin Board: CTUM
- News)
announced the Secretary of Sate of Texas has approved
the name change from Consortium Service Management Group,
Inc. to CSMG Technologies, Inc. This name change was
previously approved by CTUM's shareholders at its January
3, 2007 shareholder meeting.
Donald S. Robbins, president and CEO of CSMG Technologies,
said "We are entering a new era at CTUM in bringing
our products to market and we believe the official name
change better reflects our identity and direction of
the company. We wish to thank the CTUM shareholders
for their continued support of our company and we are
enthusiastic over our prospects. We believe 2007 holds
great promise for bringing our products to market."
About CSMG Technologies' Tissue Welding/Bonding
Technology
Surgeons at 27 Ukraine hospitals and clinics are using
the tissue welding/bonding technology in clinical trials.
They have completed more than 7,000 human surgeries
using more than 80 types of open and laparoscopic surgical
procedures, demonstrating the technology is universal
in its ability to repair soft biological tissue. These
surgeries included lung, neuro-surgery, nasal septum,
intestine, stomach, skin, gall bladder, liver, spleen,
blood vessels, nerves, alba linea, uterus, bladder,
gynecological, fallopian tube, ovary and testicles and
dura-matter. Cosmetic surgeries conducted with this
technology include breast reduction, breast implants,
mastopexy and abdominal plasty. The procedure involves
little or no scarring, while restoring the normal function
of the body organ or tissue.
The technology was invented and developed at the internationally
renowned E.O. Paton Institute of Electric Welding, National
Academy of Sciences of Ukraine, Kiev, Ukraine, headed
by Professor B.E. Paton. U.S. and Australia patents
have been issued, a patent in the European Union has
been approved, and additional U.S. and foreign patents
are pending.
About CSMG Technologies, Inc.
CSMG Technologies is a technology management company
that finances, owns, develops, licenses and markets
innovative advanced technologies and business opportunities
created in the Ukraine through a network of scientific
institutes and private organizations. CSMG has three
subsidiaries, Live Tissue Connect, Inc., CSMG Gastech,
LLC and Anaerobic Farm Waste, Inc.
For further information on CSMG Technologies and its
various subsidiaries, please visit our website at www.ctum.com.
Sign up to receive CSMG Technologies automated email
press releases and other notifications: Please go to
http://www.ctum.com/contact_information.html
and fill-in information.
This press release may contain forward-looking
information within the meaning of Section 21E of the
Securities Exchange Act of 1934 as amended (the Exchange
Act), including all statements that are not statements
of historical fact regarding the intent, belief or current
expectations of the company, its directors or its officers
with respect to, among other things: (i) the company's
financing plans; (ii) trends affecting the company's
financial condition or results of operations; (iii)
the company's growth strategy and operating strategy;
and (iv) the declaration and payment of dividends. The
words "may,'' "would,'' "will,"
"expect,'' "estimate,'' "anticipate,''
"believe,'' "intend'' and similar expressions
and variations thereof are intended to identify forward-looking
statements. Investors are cautioned that any such forward-looking
statements are not guarantees of future performance
and involve risks and uncertainties, many of which are
beyond the company's ability to control, and that actual
results may differ materially from those projected in
the forward-looking statements as a result of various
factors.
CONTACT:
ROI Group Associates, Inc.
Michael Dodge, 212-495-0744
mdodge@roiny.com
or
Bob Giordano, 212-495-0201
CSMG Technologies, Inc. - 500 No. Shoreline # 701 no.
- Corpus Christi, TX 78471
Donald S. Robbins, President and CEO
361-887-7546
K. Bruce Jones
770-955-0409
|
