Astro-Med Receives New Research Grant from NIH.WEST WARWICK West Warwick (wôr`wĭk, –`ĭk), town (1990 pop. 29,268), Kent co., central R.I., on the Pawtuxet River; set off from Warwick and inc. 1913. Textile manufacturing remains a leading industry. West Warwick includes the village of River Point. , R.I. -- Astro-Med, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :ALOT ALOT Allotment ALOT Adaptive Large Optics Technologies ALOT Airborne Lightweight Optical Tracking ALOT Maybe you're looking for the two word phrase 'a lot' meaning many? ) announced today it has received a research grant of $799,000 from the National Institutes of Health for the purpose of developing software for a Trainable Early Warning System for Epileptic Seizures. The research, to be conducted by the Company's Grass-Telefactor Product Group, provides for the continuation of the development and testing of computer-based techniques to detect and alert for impending im·pend intr.v. im·pend·ed, im·pend·ing, im·pends 1. To be about to occur: Her retirement is impending. 2. epileptic seizures. This grant follows the successful preliminary grant on which the Grass-Telefactor research team demonstrated the feasibility of predicting a seizure onset by analyzing the patient's EEG EEG: see electroencephalography. (electrical brainwaves) using electrodes contacting only the patient's scalp (as opposed to invasive electrodes). The grant covers a two year project commencing on August 15, 2005, with the objective to develop and test a non-invasive and clinically useful system for seizure anticipation. The computer based system will first be used in hospital Epilepsy Monitoring Centers where epilepsy patients are diagnosed and their epilepsies classified using video EEG monitoring over long periods of time. The data will be used to trigger diagnostic tests that must be done promptly at the start of a seizure episode. Grass-Telefactor was the pioneer in the development of video EEG monitoring systems in the epilepsy monitoring room and remains a major supplier to hospital epilepsy centers. Commenting on the award, Everett V. Pizzuti, President, stated: "We are very pleased to receive this recent research grant from NIH "Not invented here." See digispeak. NIH - The United States National Institutes of Health. . Since early 2000, Astro-Med has been awarded $1,700,000 in research grants that have resulted in clinically useful products that are now sold commercially or are in development." Astro-Med, Inc. is a leading manufacturer of test and measurement instruments, high tech specialty printing systems and electronic medical instrumentation employed around the world in a wide range of industrial, scientific and medical applications. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement This news release contains forward-looking statements, and actual results may vary from those expressed or implied herein. Factors that could affect these results include those mentioned in Astro-Med's FY2005 annual report and its annual and quarterly filings with the Securities and Exchange Commission. |
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