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Posted: OCT 10, 2008
CSMG
Technologies Announces Key Fifth U.S. Tissue Bonding/Welding
Patent Approved
Corpus Christi, TX, October 10, 2008 -- CSMG Technologies,
Inc., (OTCBB: CTGI
- News),
a technology management company, announced the company
has received approval of its fifth U.S. patent. The
approval is on a key divisional application for "Bonding
of Soft Biological Tissues by Passing High Frequency
Electric Current Therethrough" for CSMG Technologies
subsidiary Live Tissue Connects ("LTC") platform tissue
bonding/welding technology. The patent approval follows
the issuance of four other U.S. patents, a European
Union patent, in eight European countries, Ukraine,
Canada and Australia with 14 U.S. and international
patents pending.
Donald S. Robbins, President and CEO of CSMG Technologies,
said, "This key U.S. patent approval re-enforces
our patent portfolio and expands LTC's commercial possibilities
while increasing our shareholder value. Our strong patent
portfolio, and a disruptive technology as well as ISO
13485:2003 certification for the design and manufacture
of Bipolar Forceps Systems, recent US FDA 510(k) clearance
and European Union C. E. Mark certification on LTC's
VAD.400 electrosurgery generator and two instruments
puts us in an excellent position of competing in global
medical device markets."
"Our LTC team has presented comparative results
at conferences with the LTC bipolar sealing system and
shown that LTC's bipolar sealing system has broad applications.
Additionally, in preparation for launching LTC's commercial
product early 2009, LTC has begun building inventory
for both LTC's electro surgery generator and hand instrument
for duct and vessel sealing, and are in discussions
with interested international medical device companies
and distributors," Mr. Robbins added.
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.
Visit the website at www.livetissueconnect.com.
For further information on CSMG Technologies and its
various subsidiaries, please visit our website at www.csmgtechinternational.com.
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CONTACT:
CSMG Technologies, Inc.
Donald S. Robbins, 361-887-7546
President and CEO
or
K. Bruce Jones, 770-955-0409
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