Aeres Medical to Present at Medtech Insight's ``Investment In Innovation'' Conference.SAN FRANCISCO San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden -- Aeres Medical has announced that it will be presenting at 10:30 am on Wednesday, June 15 at Medtech Insight's Prestigious "Investment In Innovation (In3): A Preview of Early-Stage Medical Technology Companies" Conference, taking place June 14-15, 2005 at The Palace Hotel in San Francisco, CA. Obesity is reaching epidemic proportions with more than 300 million Americans and Europeans overweight. Out of this group, more than 100 million are clinically obese. This increasing trend is driving a multi-billion dollar weight loss industry and causing an additional burden on the healthcare industry. Current medical treatments for this disease are limited to prescription pharmaceuticals and surgery. Because of their unwanted side effects Side effects Effects of a proposed project on other parts of the firm. , existing weight loss medications are not often prescribed. Surgical procedures Surgical procedures have long and possibly daunting names. The meaning of many surgical procedure names can often be understood if the name is broken into parts. For example in splenectomy, "ectomy" is a suffix meaning the removal of a part of the body. "Splene-" means spleen. are very expensive, and are only recommended in the direst circumstances. Clearly there is a need for a non-invasive, non-pharmacologic solution for weight loss and prevention of obesity in overweight patients. Aeres Medical has developed a noninvasive medical device providing low-risk hypoxic hypoxic a state of hypoxia. hypoxic cell sensitizers compounds that selectively sensitize hypoxic tumor cells to the effects of radiation. treatment that induces appetite suppression and weight loss. Aeres(TM) Medical's ThinAir(TM) system provides a unique treatment for obesity without invasive surgery Invasive surgery A form of surgery that involves making an incision in the patient's body and inserting instruments or other medical devices into it. Mentioned in: Laser Surgery or pharmacological treatments. The ThinAir(TM) system is based on the existing patented technology of Aeres Medical's parent company, Colorado Altitude Training Altitude training traditionally called training at an altitude camp, or now commonly using altitude simulation tents or mask based hypoxicator systems is the practice by some endurance athletes of training at high altitude, usually over 2,500 m (8,000 ft) above sea level, . The Company's proprietary technology, based on medical hypoxia hypoxia Condition in which tissues are starved of oxygen. The extreme is anoxia (absence of oxygen). There are four types: hypoxemic, from low blood oxygen content (e.g., in altitude sickness); anemic, from low blood oxygen-carrying capacity (e.g. , reduces the amount of inspired oxygen and induces physiological changes equivalent to those seen at high altitude, including a weight loss of one to two pounds per week. Hypoxia-associated weight loss has been studied for decades, and has been specifically addressed in detail in numerous scientific publications and studies. Although this is a well-known phenomenon, until the Aeres ThinAir(TM) system, there has been no practical method for bringing hypoxia into the clinical setting for therapeutic applications. The system is comprised of a clear tent which fits securely over the sleeping area (models will fit most standard bed sizes); an innovative oxygen control system which monitors oxygen concentration and allows altitude adjustment based on the company's proprietary altitude conversion software; and an air unit based on well established air separation technology that produces a quiet, high flow of hypoxic air simulating altitudes up to 14,000 feet. Patients sleep in the ThinAir(TM) System tent and go about the rest of their day normally, without having to restrict their diet or increase their exercise. Aeres management is currently comprised of CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Larry Kutt, VP Dede Willis and VP Bob Beckemeyer. This management team has over 65 years of combined experience in startups, life sciences, and operations. Medtech Insight, a division of Windhover wind·hov·er n. Chiefly British A kestrel. Information Inc., is the leading provider of business information and market intelligence for the medical technology marketplace. To register for the "Investment In Innovation" conference or for more information on Medtech Insight, please call Kristy Grimes at 480-985-9512, e-mail kristy@medtechinsight.com, or visit www.medtechinsight.com. |
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