ADM Tronics Signs Exclusive Agreement to Enter Home Rental Market for Chronic Pain Patients.NORTHVALE, N.J.--(BUSINESS WIRE)--Feb. 10, 1999--ADM Tronics Unlimited, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :ADMT ADMT Active Directory Migration Tool ADMT Air Dry Metric Ton ADMT Automated Data Management Tool ), through a wholly-owned subsidiary, has signed an agreement with GSM (Global System for Mobile Communications) A digital cellular phone technology based on TDMA that is the predominant system in Europe, but also used worldwide. Developed in the 1980s, GSM was first deployed in seven European countries in 1992. , Inc., to market ADM See add/drop multiplexer. (language) ADM - A picture query language, extension of Sequel2. ["An Image-Oriented Database System", Y. Takao et al, in Database Techniques for Pictorial Applications, A. Blaser ed, pp. 527-538]. Tronics' SofPulse, a therapeutic, non-invasive electronic medical device, to physicians treating patients with acute and/or chronic pain. GSM is a national medical distributor engaged in the business of providing, renting and selling equipment to physicians and direct to patients in their home. The agreement gives ADM Tronics an established marketing channel for the SofPulse into a new segment of the physician marketplace. As previously announced, ADM Tronics has already begun distribution of the SofPulse to the plastic surgery market through agreements with Mediq/PRN and Byron Medical. The agreement with GSM broadens the marketing efforts for the SofPulse into the pain management segment of the physician marketplace. "We have test marketed the SofPulse for the past 4 months to our distribution network and we are quite pleased with the results," stated Greg Mack, President of GSM. "I believe that, based on the results we have seen so far, SofPulse should be well accepted in the areas we serve." Under the agreement, GSM distributes the SofPulse device for home rental by patients that have received a prescription for its use from their physician. ADM Tronics is a technology based developer and manufacturer of a diversified line of products categorized cat·e·go·rize tr.v. cat·e·go·rized, cat·e·go·riz·ing, cat·e·go·riz·es To put into a category or categories; classify. cat into three distinct market segments -- therapeutic, non-invasive electronic medical devices, environmentally safe chemical products and innovative topical dermatological dermatological, dermatologic pertaining to dermatology; of or affecting the skin. products. |
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