Caprius Subsidiary M.C.M. Environmental Technologies Sells Two SteriMed Systems to Greek Customer; Units to be Installed in Hospital in Athens.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 received and shipped the first order from a Greek customer for two SteriMed systems, which provide for the on-site disposal of infectious medical waste. Both the large and small unit will be installed in a hospital in Athens. This marks the first sales of SteriMed units in Greece. "We are pleased that our recently signed distribution agreement with our Greek customer is already generating sales," said George Aaron, Chairman 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 Caprius. "Recent Greek publications have noted that the means of disposing of hazardous medical waste in the country is relatively unknown, and cite that only 73 of 200 medical units in Greece are observing rules passed by joint ministerial decree in 2004 for the safe handling of hazardous medical waste. They further noted that based on figures for 2000, it was believed that roughly two thirds of medical waste in Greece is not processed adequately.(l) "We believe Greece represents a significant sales and marketing opportunity for our SteriMed systems. We are delighted to have recorded our first sales in Greece, and look forward to further penetration in this market." 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. 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" 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). (l) The Athens News Agency The Athens News Agency (ANA) is one of the two major news agencies in Greece. The other one is the Macedonian Press Agency. History The Athens News Agency (ANA) is the national news agency of Greece. : Daily News Bulletin in English, February 3, 2005. |
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