Biosonics Names James Gunnerson as Sales and Marketing Consultant.FORT WASHINGTON, Pa.--(BW HealthWire)--Sept. 20, 1999-- Biosonics, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:BISN), the Fort Washington, PA - based company that specializes in medical electrotherapeutic solutions, announces James A. Gunnerson as a full-time consultant, directing Sales and Marketing. The firm is launching a direct sales campaign of the Salitron System in Pennsylvania, New Jersey and Delaware. The Salitron System, approved by the FDA FDA abbr. Food and Drug Administration FDA, n.pr See Food and Drug Administration. FDA, n.pr the abbreviation for the Food and Drug Administration. for marketing, is a medical device for the treatment of Xerostomia xerostomia /xe·ro·sto·mia/ (zer?o-sto´me-ah) dryness of the mouth due to salivary gland dysfunction. xe·ro·sto·mi·a n. (dry mouth). It is reported that there are several million people who suffer with this condition. "Our initial efforts will include contacting and supporting the doctors who currently prescribe the Salitron System. In addition, we will be increasing our contacts of healthcare practitioners in the Tri-State area in order to increase the number of physicians ordering the Salitron System for their patients," said Gunnerson. He went on to say that "We have a great opportunity here: a sizable population of people who can truly benefit from this proven technology, the Salitron System." Gunnerson has nearly 30 years of medical device sales and marketing experience. He founded and was 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 Eastern Anesthesia, Inc., a regional distributor of critical care medical devices. During his tenure, the company grew to sales of $8 million per year. Consecutively, he founded and was CEO of Eastern Rental Services. This ventilator rental firm, which supplied life support equipment to hospitals on a fee-per-use basis, was later sold to a national rental firm. Gunnerson also founded Eastern Rail Systems, which is a manufacturing and distributing company that sells organizational products for critical care settings in hospitals across the U.S. In 1992, he founded and was CEO of Renaissance Technology, Inc., a product development firm that licenses patented technology from Drexel University. The company markets and sells non-invasive cardiac output cardiac output n. Abbr. CO The volume of blood pumped from the right or left ventricle in one minute. It is equal to the stroke volume multiplied by the heart rate. monitors used in critical care settings in hospitals such as University of Southern California The U.S. News & World Report ranked USC 27th among all universities in the United States in its 2008 ranking of "America's Best Colleges", also designating it as one of the "most selective universities" for admitting 8,634 of the almost 34,000 who applied for freshman admission , Cleveland Clinic and Lehigh Valley Hospital Lehigh Valley Hospital is a network of three hospitals in Allentown and Bethlehem, serving as the primary hospital system for the Lehigh Valley, in Pennsylvania, United States. The network consists of three hospitals and six health centers. . In 1997, he raised $6 million in venture funding to further develop the company and the product. In addition to the Salitron, Biosonics has FDA marketing approval for the Cystotron, a device to treat incontinence (13+ million people). Biosonics has also developed several patented medical products that incorporate the same technology as the approved devices, for medical conditions such as erectile dysfunction (20+ million men) and nasal/sinus congestion The condition of a network when there is not enough bandwidth to support the current traffic load. congestion - When the offered load of a data communication path exceeds the capacity. (50+ million people) as well as diagnostic tools for physicians. Further information is available at the company's web site (www.biosonics.com). All statements contained in this press release are not historical facts, including but not limited to the Company's plans for product development and marketing, are based on current expectations. These statements are forward-looking (as defined in the U.S. 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 of 1995 and the Act) in nature and involve a number of risks and uncertainties. The factors that could cause actual results to vary materially include the availability of capital to finance operations on terms satisfactory to the Company and the availability of clearances or approvals of products by federal, state and foreign governmental authorities. |
|
|||||||||||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion