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Posted: AUG 18, 2008
CSMG
Technologies and Live Tissue Connect Subsidiary Will
Present at Noble Financial Equity Conference; FDA 510(k)
Clearance for LTC Surgical VAD System, Green Energy
Business, Growth Strategy to Be Discussed
Investors Can Access Presentation
Live Via Internet Tuesday August 19, 12 Noon (PDT)
Corpus Christi, TX, August 18, 2008 -- CSMG Technologies,
Inc., (OTCBB: CTGI
- News),
a technology management company, announced Donald S.
Robbins, President and CEO of CSMG Technologies, was
invited to present at the Fourth Annual Noble Financial
Equity Conference at 12:00 p.m.(Pacific) on Tuesday,
August 19, 2008, at the Loews Lake Las Vegas Resort,
Nevada.
Mr. Robbins, along with Live Tissue Connect, Inc. (LTC)
President Frank D. D'Amelio, will give a comprehensive
presentation regarding CSMG Technologies, including
its subsidiary company LTC, which last month received
US FDA 510(k) clearance to market its LTC VAD System
for Duct and Vessel sealing. Additionally, CSMG's Green
Energy strategy, including the recent acquisition of
Carbon Capture Technologies, will be discussed along
will management's strategy to grow revenues of CSMG
and LTC.
CSMG Technologies presentation will
be webcast live:
Investors may view the presentation via the below Internet
link
12:00 p.m. (Pacific), Tuesday, August
19, 2008
http://hosted.mediasite.com/hosted4/Viewer/?peid=5f1f6769-e59f-4b0f-bcd4-af0a1bda8326
Access is available by logging on to the conference
website
www.noblemadmax.com
or by going to CSMG Technologies website:
www.csmgtechinternational.com
It is recommended that interested parties register at
least 15 minutes prior to the
start of the presentation to ensure timely access.
The LTC VAD System, used in human surgery, consists
of a LTC VAD.400 bipolar electrosurgical generator and
two disposable sealing instruments. FDA clearance allows
LTC to market these products in the United States. LTC
will be starting the process of ordering production
tooling and piece parts to enable the production assembly
process later this year.
The VAD.400 generator and the two disposable instruments
are intended for use in open general surgical and gynecological
procedures for the ligation of vessels and ducts as
an alternative to mechanical clamping (clips or staples)
and suturing. LTCs new third generation bipolar
system can be used on vessels (veins and arteries) up
to 7 mm diameter, on ducts up to 2 mm diameter, and
on tissue bundles as large as will fit in the jaw electrodes
of the instruments.
About CSMG Technologies, Inc.
CSMG Technologies, Inc. (OTCBB: CTGI)
together with its subsidiaries, operates as a technology
management company. The company engages in owning, developing,
patenting, managing, licensing, and marketing technologies.
Subsidiary Live Tissue Connect (LTC) provides live
biological tissue bonding technology that focuses on
bonding living soft biological tissue used in surgical
procedures, without the use of sutures, staples, sealants,
or glues.
In June 2008, CSMG acquired Carbon Capture Technologies
Inc. which owns a worldwide exclusive license to a composition
and method for use of a novel Carbon Dioxide (CO2) adsorbent.
Researchers at the University of Ottawa developed recyclable
CO2 adsorbents based on surface modified nanoporous
silicas. The materials show fast and reversible high
adsorption capacity, allowing it to be reused repeatedly
in a high throughput periodic cyclic adsorption process.
The adsorbents can be used in both wet and dry environments,
potentially eliminating significant engineering challenges.
The potential uses for the technology include capturing
the bulk of C02 emissions from coal-fired power plants
in order that these greenhouse gasses could be sequestered
and thus reduce the carbon footprint of such facilities,
as well as surgical and mine rescue applications.
CSMG was incorporated in 1992 and is headquartered
in Corpus Christi, Texas.
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
31 patents and pending patents 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.
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.
About Noble Financial
Noble Financial is a privately-held, full-service capital
markets firm driven by what is often overlooked by other
firms - uncovering the value embedded in the orphaned,
undiscovered or misunderstood company. The company focuses
on converting market inefficiencies into profit opportunities.
Noble Financial supports emerging companies through
strategic advice, investment banking, market-making,
sales & trading, comprehensive equity research,
and the development of institutional support. Noble
Financial's equity conferences
- 2008 marks their fourth
annual - allow for a unique blend of professional and
personal interaction among a diverse cross-section of
executives. The company has operated for 24 years and
has offices in Florida, New York City and Boston.
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
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