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Austin Medical Technologies, Inc. Secures 3-Year Contract Valued at $660,000.


PLANO, Texas Plano (IPA: /ˈpleɪnoʊ/) is a wealthy suburb of Dallas, Texas, located to the north, mainly within Collin County, but also extending into Denton County. According to the 2000 U.S.  -- Austin Medical Technologies, Inc. (Pink Sheets:AMTK AMTK Amtrak ) today announced a 3-year contract with an Alabama Ambulatory Surgery Center ambulatory surgery center A free-standing center that performs various types of surgery  (ASC ASC Ambulatory surgery center, see there ) further expanding the company's annual sales revenues. The contract represents $660,000.00 in new sales revenue.

Kurt Tarter, President & 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. , states, "The Ambulatory Surgery Center (ASC) market provides opportunity for larger contracts with greater gross profits. Our products and services continue to be embraced in this rapid growing Ambulatory Surgery Center (ASC) market. We have leveraged one of our strategic partners to help deliver this business and we expect to deliver further contracts of this scale."

About Austin Medical Technologies, Inc./eyeDirecti(TM) (Brand)

Austin Medical Technologies delivers "DIRECT" from the manufacturer to the Surgeon, the only technology-based, "Single Source Supply Solution" for custom sterile surgery trays made up of 80% of all disposable surgical devices utilized in surgery. Currently the company has contracted with 200 eye surgery centers including the 2 largest eye surgery centers in the USA.

The ASC market for custom sterile surgery trays is a $2.1 Billion market. Austin Medical is dedicated exclusively to the Ambulatory Surgery Center (ASC) market, consisting of 12,000 surgery centers with 40,000 surgeons performing over 30,000,000 surgeries annually. Ambulatory Surgery Centers (ASC) refers to surgical centers where surgery is performed on an outpatient basis not requiring an over night stay.

Note: Any statements released by Austin Medical Technologies, Inc, or any of its affiliates that are forward-looking, are made pursuant to the 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.
 provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and . Editors and investors are cautioned that forward-looking statements invoke risk and uncertainties that may affect the Company's business prospects and performances. These include economic, competitive, governmental, technological and other factors discussed in the statements.
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Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Dec 7, 2004
Words:292
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