American Dental Technologies Signs Letter of Intent.SOUTHFIELD, Mich.--(BW HealthWire)--July 18, 1997--American Dental Technologies, Inc. (ADT (Asynchronous Data Transfer) A transmission technique used in ISDN PBXs that dynamically allocates bandwidth. See also abstract data type. ADT - abstract data type ) announced today that it has signed a letter of intent with Continuum Electro-Optics, Inc. (Continuum), a manufacturer of medical and dental lasers. The parties intend to enter into a non-exclusive license of ADT's U.S. Patents 5,257,935 and 5,342,198 for the use of Erbium erbium (ûr`bēəm) [from Ytterby, a town in Sweden], metallic chemical element; symbol Er; at. no. 68; at. wt. 167.26; m.p. 1,529°C;; b.p. 2,863°C;; sp. gr. 9.05 at 25°C;; valence +3. Yag lasers in dental procedures on hard tissue. Additionally, the companies intend to enter into a distribution agreement under which ADT would distribute a Continuum produced Erbium Yag laser for use in hard tissue dental applications such as cavity preparations. Continuum is a subsidiary of Hoya Corporation Hoya Corporation (HOYA株式会社 Hoya Kabushiki Kaisha USA, which is wholly owned by Hoya Ltd. of Japan. "In our opinion, Continuum has the best Erbium Yag lasers presently distributed on the world market and is the leader in that technology. We are pleased that Hoya, Ltd., a two billion dollar company, has recognized ADT's basic patent position in the use of Erbium Yag lasers for hard tissue in dental procedures and look forward to working with them in the future. This addition will complement our current line of dental lasers which ADT manufactures for soft tissue procedures such as laser curettage curettage /cu·ret·tage/ (ku?re-tahzh´) [Fr.] the cleansing of a diseased surface, as with a curet. medical curettage to treat periodontal disease Periodontal Disease Definition Periodontal diseases are a group of diseases that affect the tissues that support and anchor the teeth. Left untreated, periodontal disease results in the destruction of the gums, alveolar bone (the part of the jaws where ," said Ben 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. of American Dental Technologies, Inc. American Dental Technologies, headquartered in Southfield, Michigan, develops and manufactures advanced technologies for dentistry and markets them worldwide. It is listed on the Nasdaq SmallCap Market under the symbol ADLI. CONTACT: American Dental Technologies Diane Miller, 248/353-5300 http://www.businesswire.com/cnn/adli.htm |
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