Caprius Receives Three Letters of Intent For Joint Ventures Utilizing Its Aurora System.WILMINGTON, Mass.--(BUSINESS WIRE)--Nov. 3, 1998--Caprius, Inc. (Nasdaq: CAPR CAPR Colegio de Abogados de Puerto Rico (Spanish) CAPR Civil Air Patrol Regulation CAPR Computer Assisted Pipeline Review CAPR Capability Requirement CAPR Capability Request ) announced today that it has received three letters of intent for joint ventures utilizing its Aurora(R) MRI 1. (application) MRI - Magnetic Resonance Imaging. 2. MRI - Measurement Requirements and Interface. breast imaging system. These anticipated joint venture partners of Caprius are located in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. , Columbus, Ohio and Knoxville, Tennessee. The arrangements with these center are expected to be similar to those currently in operation at Englewood Hospital and Medical Center Englewood Hospital and Medical Center is an "acute care teaching hospital affiliated with the prestigious Mount Sinai School of Medicine" in Englewood, New Jersey, United States.[https://www.hdx.com/CustomersSay/engle. , Magee Women's Hospital and others. Jack Nelson, Chairman & 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. stated: "With the successful openings of our other joint ventures, we expect that momentum will continue to grow for additional placements of our Aurora system. These letters underscore the growing interest, commercially and clinically, in breast MRI. We are confident that these centers and others with whom discussion are ongoing will find the Aurora an invaluable tool in the detection and treatment of breast disease." Caprius, Inc. is dedicated to the development and commercialization of the Aurora system, a breast imaging system based on magnetic resonance imaging magnetic resonance imaging (MRI), noninvasive diagnostic technique that uses nuclear magnetic resonance to produce cross-sectional images of organs and other internal body structures. (MRI). The Aurora is the only FDA-cleared, MRI-based dedicated breast imaging system in the United States. Safe Harbor Statement: The statements made in this press release that are not historical fact are "forward-looking statements" which are based upon current expectations that include a number of risks and uncertainties. Factors that could cause actual results to differ materially from the forward-looking statements include execution of definitive agreements, meeting ordinary and customary closing conditions, delays in product development, lack of market acceptance of technology, technological innovations of competitors and changes in health care regulations, including reimbursement programs. |
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