American Dental Technologies Announces License Agreement.SOUTHFIELD, Mich.--(BW HealthWire)--Jan. 21, 1999--American Dental Technologies, Inc. (Nasdaq:ADLI) announced today that it has granted a license to ESC See escape character and escape key. See also ESC/P. ESC - escape Medical Systems Ltd. The Company will receive a $300,000 license fee and royalties. The license covers U.S. Patents 5,275,935 and 5,342,198 for the production, sale and use of Erbium:YAG lasers for dental procedures. "This additional license once again reaffirms our strong belief in the value of the Company's intellectual properties," said Ben J. Gallant, President and 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. . American Dental Technologies, headquartered in Southfield, Michigan Southfield is a city in Oakland County of the U.S. state of Michigan. It is a suburb of Detroit and is part of the metro Detroit area. As of the 2000 census, the city had a total population of 78,296. Southfield Township is adjacent to the city on the north side. , develops and manufactures advanced technologies for dentistry dentistry, treatment and care of the teeth and associated oral structures. Dentistry is mainly concerned with tooth decay, disease of the supporting structures, such as the gums, and faulty positioning of the teeth. and markets them worldwide. It is listed on the Nasdaq National Market under the symbol ADLI. Its website is found at www.americandentaltech.com |
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