|
Posted: MAR 24, 2008
CSMG
Technologies Subsidiary Live Tissue Connect Technology
and Product Performance Will Be Presented at the Central
European Congress of Surgery
Corpus Christi, TX, March 24, 2008 -- CSMG Technologies,
Inc., (OTCBB: CTGI
- News),
a technology management company, announce its Live Tissue
Connect, Inc. (LTC) subsidiary's technology will be
present at Central European Congress of Surgery in Prague,
Czech.
Dr. Robert Tucker M.D. PhD, of the University of Iowa,
has had three clinical papers peer reviewed and accepted
at a surgical congress. Dr. Tucker will be presenting
these three papers, which describe his results with
Live Tissue Connect's technology and product performance,
at the Central European Congress of Surgery (CECS),
April 23rd to 26th, 2008, in Prague, Czech Republic.
The focus of this Congress is the developing fields
of surgery, evidence-based medicine and new technologies.
Many international experts have been invited to share
their knowledge and experience in surgery, oncology
and radiology at this congress.
Donald S. Robbins, President and CEO of CSMG Technologies,
said, "It is a great privilege for LTC to have
Dr. Tucker's papers selected for presentation at
the CECS Congress. This our first opportunity to publicly
unveil the RF sealing results that are obtainable with
LTC's products, and to compare such to leading
RF sealing medical device companies that already have
a market presence."
Frank D'Amelio, Live Tissue Connect's President,
commented, "LTC will have a booth and will be exhibiting
at this important meeting. This will allow us the opportunity
to discuss LTC's technology and product performance
with leading physicians and European distributors."
CSMG Technologies 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. European CE Mark has been received on the
electrosurgical generator and United States FDA 510K
clearance documentation has been filed for the duct
and vessel sealing product. The duct and vessel sealing
electrosurgical generator and associated hand instruments
are currently being produced in production quantities.
Surgeons at 27 Ukrainian hospitals and clinics are
using the tissue welding/bonding technology in clinical
trials. They have completed more than 10,000 human surgeries
including more than 80 types of open and laparoscopic
surgical procedures, establishing that the technology
is universal in its ability to repair soft biological
tissue.
U.S., Australian, Canadian, Ukraine and European Union
patents have been issued, and additional U.S. and foreign
patents are pending. LTC currently owns a total of 44
patents issued or 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 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.csmgtechinternational.com.
Sign up to receive CSMG Technologies automated email
press releases and other notifications: Please go to:
www.csmgtechinternational.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:
CSMG Technologies, Inc.
Donald S. Robbins, 361-887-7546
President and CEO
or
K. Bruce Jones, 770-955-0409
|