CSMG Completes More Than 700 Successful Human Surgeries in Ukraine, Forms Live Tissue Connect Company to Spearhead Development of Biological Tissue Bonding Technology.Business Editors & Health/Medical Writers CORPUS CHRISTI, Texas--(BUSINESS WIRE)--Oct. 3, 2002 Donald S. Robbins, 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 Consortium Service Management Group Inc. (CSMG CSMG Creative Sales Marketing Group ) (Pink Sheets:CTUM), a Texas corporation, announced today the company has completed more than 700 successful human surgeries in clinical trials in Ukraine and the company has formed Live Tissue Connect Inc. (LTC LTC abbr. lieutenant colonel ), a Delaware corporation to spearhead the growth and development of its Platform Live Biological Tissue Bonding Technology. The company owns 86% of the new corporation. According to the clinical trial surgeons, "The use of the tissue bonding technology makes it possible to simplify the technique of surgical intrusion, operate on an almost dry surgical field, reduce the time of surgery by 30 to 40%, reduce blood loss and increases the reliability of surgeries." The tissue bonding device bonds and reconnects living soft biological tissue without the use of foreign matters or conventional wound closing devices such as sutures, staples, sealant, or glues. The technology leaves little or no scar tissue visible to the naked eye after a few months. Unlike other RF tissue coagulation coagulation (kōăg'y  lā`shən), the collecting into a mass of minute particles of a solid dispersed throughout a liquid (a sol), usually followed by the precipitation or methods that tend to destroy tissue by charring, searing sear 1 v. seared, sear·ing, sears v.tr. 1. To char, scorch, or burn the surface of with or as if with a hot instrument. See Synonyms at burn1. 2. and necrosis, the CSMG platform technology bonds and reconnects incised incised /in·cised/ (in-sizd´) cut; made by cutting. tissue and avoids charring, searing and necrosis using a low heat delivery method aimed at restoration of the normal functions of the live organs and tissue. United States and Foreign Patents are pending. CSMG maintains a highly regarded team of more than 20 researchers, surgeons, engineers, technicians and clinical test facilities in Ukraine and offices in Corpus Christi, Texas Corpus Christi is a coastal city and the county seat of Nueces CountyGR6 in the U.S. state of Texas. It is part of the region known as South Texas. , Oklahoma City, Okla., and Kiev, Ukraine. CSMG owns the technology and exclusive world rights to the medical device platform technology. Stock quoted on Internet at www.pinksheets.com. Traded on the National Over the Counter Market. Web site: www.ctum.com E-mail address: publicrelations@ctum.com |
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