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Posted: MAR 15, 2007
LTC
to Present and Lecture on its Bipolar Medical Products
at the Virtus International 2007 Future Medical Forum
Corpus Christi, TX, March 15, 2007 -- CSMG Technologies,
Inc., (OTC Bulletin Board: CTUM
- News)
a technology management company, Live Tissue Connect
(LTC), a subsidiary of CSMG Technologies, Inc and Frank
D'Amelio has been invited to present at the 2007 Future
Medical Forum, http://virtusinternational.com/medical2007/speakers.html.
This medical forum focuses on the impact new materials
and technologies have on the discovery, development,
and design of devices. The Future Medical Forum brings
together some of the leading minds and decision makers
in the medical device industry for two days and will
be broadcast live via web cast to a global audience,
making this one of the paramount medical device events
of 2007.
Donald S. Robbins, president and CEO of CSMG, said,
"We are pleased Frank D'Amelio has been invited
to present the Live Tissue Connect technology at the
Virtus International Future Medical Forum and officially
introduce the technology to many of the world's leading
medical organizations and marketers".
LTC's Frank D. D'Amelio commented, "Just as important
as the development and clinical testing of our tissue
fusion/welding generators and disposable instruments,
is communicating about our unique bipolar electrocautery
system and our results. There is a high degree of interest
in LTC's differentiated approach to tissue sealing,
bonding and cutting. The presentation at this Medical
Forum is the initial phase of communicating the power
and breadth of our tissue management system".
CSMG owns the technology and exclusive world rights
to the live tissue bonding device through Live Tissue
Connect, Inc., a subsidiary corporation formed for the
development and exploitation of the platform technology.
LTC expects to complete hand instruments, electrocautery
generator and other electrosurgery components for the
duct and vessel sealing system, meeting FDA and European
CE Mark requirements, respectively. They also expect
to start filing for approval of these devices with regulatory
entities in early 2007.
About CSMG Technologies' Tissue Welding/Bonding
Technology
The LTC tissue bonding / welding device is a platform
technology that bonds and reconnects living soft biological
tissue through fusion without the use of foreign matter
in contrast with conventional wound closing devices
such as sutures, staples, sealant, or glues.
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 abdominoplasty. 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., Australian, Canadian
and European Union patents have been issued, and additional
U.S. and foreign patents are pending, all owned by LTC.
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 is focused
on two primary subsidiaries, Live Tissue Connect, Inc.
and landfill gas processing.
For further information on CSMG Technologies and its
various subsidiaries, please visit our website at www.ctum.com.
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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
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