CSMG Technologies, Inc., OTCBB trading symbol "CTUM"
or CTUM.OB is a publicly traded emerging growth technology
management company formed in 1992. Recognizing early
in our company’s development, there were a number
of leading edge technology opportunities available
in Ukraine, CTUM built strong relationships with the
National Academy of Science of Ukraine "NASU",
Ukraine’s leading and largest manufacturing companies,
scientific institutes, medical institutes, hospitals
and research clinics. CTUM owns, finances, develops,
licenses and markets innovative advanced technologies
for large growing markets in medical, energy and agriculture
markets.
One of these is our patented platform Live Tissue
Bonding technology for closing human surgical wounds.
The tissue bonding device bonds and reconnects living
soft biological tissue without the use of foreign
matters or conventional wound closing devices such
as sutures, staples, sealant, or glues - leaving little
or no scar tissue visible to the naked eye after a
few months. Unlike other tissue coagulation methods
that tend to destroy tissue by charring, searing and
necrosis, the CTUM patented technology bonds and reconnects
incised tissue and avoids charring, searing and necrosis,
using a smokeless low heat delivery method aimed at
restoration of the normal functions of the live organs
and tissue.
Today three Ukraine hospitals are using the technology
daily for open and laparoscopic surgical procedures
and techniques. As of January 2003 the three hospitals
had completed more than 1,000 successful human surgeries
using the technology and are performing 80 to 100
surgeries on new patients each month. Surgical procedures
so far have involved the bonding and reconnecting
of incised or separated human tissues in the following
body areas - nasal septum, intestine, stomach, skin,
gall bladder, liver, spleen, blood vessels, nerves,
alba linea, uterus, fallopian tube, ovary and testicles
- while restoring the normal function of the body
organ or tissue.
IN addition CTUM owns a CO2 separation
technology for landfill gas that refines raw landfill
methane gas up 98 % purity. The first US installed
unit is completing start-up near Mobile Alabama.
CTUM is the largest shareholder and foreign investor
in one of Ukraine’s largest engineering Closed
Joint Stock Companies with Foreign Investment "United
Engineering Closed Joint Stock Company with Foreign
Investment (UEC)" and works with United Engineering
Company on an advanced Anaerobic Animal Waste processing
project.
INSTITUTIONAL OWNERSHIP/ANALYST COVERAGE
None Available
TOP COMPETITORS
For Live tissue bonding
For CO2 Separation
