Caprius Subsidiary M.C.M. Environmental Technologies Sells SteriMed Junior System to Dialysis Clinic in the U.S. Virgin Islands; St. Croix Facility Represents the First Sale of SteriMed Units in the U.S. Virgin Islands.FORT LEE, N.J. -- Caprius, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : CAPS) today announced that its subsidiary, M.C.M. Environmental Technologies ("MCM (MultiChip Module or MicroChip Module) A chip package that contains several bare chips mounted close together on a substrate (base) of some kind. "), has sold a SteriMed Junior system to a dialysis clinic on St. Croix in the U.S. Virgin Islands. This marks the first sale of SteriMed units to a customer in the U.S. Virgin Islands. "The imposition of governmental regulations upon the operation of incineration incineration the act of burning to ashes. plants is causing a shift in the method of disposal of medical waste for facilities in this region of the Caribbean. This change is, therefore, creating increased market opportunity for alternative measures for disposing of this hazardous material," said Elliott Koppel, VP Sales & Marketing. "Our SteriMed system offers medical facilities an on-site, safe and easy method for dealing with infectious medical waste in an environmentally responsible, efficient and convenient manner." Mr. Koppel concluded, "Increased government regulation is just one example of a vehicle steering medical facilities towards alternative means for disposing of infectious medical waste. Increased waste hauling prices, the need to reduce costs and the shift in health care to disposables are other channels that are driving demand for systems, such as our SteriMed system." About Caprius Caprius, Inc. headquartered in Fort Lee, NJ is engaged in manufacturing proprietary equipment for on-site disposal of infectious medical waste through its subsidiary, M.C.M. Environmental Technologies, Inc. (MCM). The Company's SteriMed units simultaneously shred and disinfect To remove the virus code that has attached itself to a legitimate file. Sometimes, the antivirus program cannot untangle the code, and the infected file has to be deleted. See quarantine. regulated medical waste, reducing its volume up to 90%, and rendering it harmless for disposal as ordinary waste. The SteriMed systems are environmentally friendly Environmentally friendly, also referred to as nature friendly, is a term used to refer to goods and services considered to inflict minimal harm on the environment.[1] and efficiently disinfect the infectious clinical waste, including among others, sharps, dialyzers, blood lines Not to be confused with Blood Lines (novel). Blood Lines is a short story collection by British crime-writer Ruth Rendell, published in 1995. The title story features her detective Inspector Wexford, and the final story is the acclaimed novella "The Strawberry Tree". , bandages, plastic tubing and glass, in a 15-minute cycle. The MCM patented technology is an alternative to hauling and incinerating medical waste. In the U.S., the medical waste sector is approximately $3 billion in sales. More information on the Company and MCM can be found at www.caprius.com and www.mcmetech.com. 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 The statements made in this press release that are not historical fact are "forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. " which are based upon current expectations that include a number of risks and uncertainties. Additional factors that could potentially affect the Company's financial results may be found on the Company's filings with the Securities and Exchange Commission (www.sec.gov). |
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