Printer Friendly
The Free Library
19,604,538 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Caprius Subsidiary Receives Order for Two SteriMed Junior Systems in Washington State; Represents First Order for SteriMed Units in the Pacific Northwest.


FORT LEE, N.J. -- Caprius, Inc. (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
: CAPS) today announced that its subsidiary, M.C.M. Environmental Technologies, Inc. ("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 an order for its SteriMed Junior systems for two dialysis clinics located on the Olympic Peninsula The Olympic Peninsula is the large arm of land in western Washington state that lies across Puget Sound from Seattle. It is bounded on the west by the Pacific Ocean, the north by the Strait of Juan de Fuca, and the east by Puget Sound and the Hood Canal.  of Washington State. The order resulted from a referral through our distributor of disposables to the dialysis market. This represents the first SteriMed units for deployment in the Pacific Northwest region of the United States. E[acute accent]Most of the infectious medical waste handled in the Pacific Northwest is currently hauled to a processing plant in Morton, WA, and then transported to landfills throughout Washington and Oregon. Since 1998, Washington state legislators have introduced proposals requiring hospitals and medical laboratories to decontaminate de·con·tam·i·nate  
tr.v. de·con·tam·i·nat·ed, de·con·tam·i·nat·ing, de·con·tam·i·nates
1. To eliminate contamination in.

2.
 their infectious medical waste before hauling as a safety precaution for the general public. Although these proposals have not passed, many medical facilities throughout Washington State are investigating alternative means for disposing their regulated medical waste. E[acute accent]"The SteriMed system offers a means by which local, sometimes remote, medical facilities, such as these dialysis clinics, may safely, economically, efficiently and conveniently dispose of their infectious medical waste on-site," said Elliott Koppel, Vice President of Sales & Marketing. "Our 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.  infectious medical waste, converting it to safe, black bag waste in a 15-minute cycle. The solid waste is then disposed of as ordinary waste and the diluted solution goes into the sewage system. Moreover, Ster-Cid(R), our proprietary disinfectant solution, is environmentally friendly, approximately 94% biodegradable, and EPA EPA eicosapentaenoic acid.

EPA
abbr.
eicosapentaenoic acid


EPA,
n.pr See acid, eicosapentaenoic.

EPA,
n.
 registered under the Federal Insecticide Federal Insecticide, Fungicide and Rodenticide Act

regulations administered by the (US) Environmental Protection Agency which regulate dispensing and use of pesticides.
, Fungicide and Rodenticide Act Federal Insecticide, Fungicide and Rodenticide Act

regulations administered by the (US) Environmental Protection Agency which regulate dispensing and use of pesticides.
 ('FIFRA')." E[acute accent]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. , added, "Rising waste hauling prices caused by increased surcharges to reflect escalating operational costs - increased energy costs, as well as government imposed regulations on the operation of incineration incineration

the act of burning to ashes.
 plants are driving demand for alternative techniques to the current methods of disposing of infectious medical waste. This is generating opportunity and demand for our SteriMed system, which offers a safe, viable and economical means by which to address the disposal of regulated medical waste."

E[acute accent]About Caprius

E[acute accent]Caprius, Inc. is a manufacturer of proprietary equipment for the on-site disinfection disinfection,
n the process of destroying pathogenic organisms or rendering them inert.

disinfection, full oral cavity,
n a procedure used to reduce active periodontal disease, usually completed within a certain short time frame.
 and disposal of infectious medical waste through its subsidiary, M.C.M. Environmental Technologies, Inc. ("MCM"). The Company's innovative SteriMed technology simultaneously shreds and disinfects solid and liquid regulated medical ("red bag") waste, reducing the volume by up to 90% and rendering it harmless for disposal as ordinary waste. The SteriMed units are economical, compact, efficient and convenient, as well as environmentally friendly. The MCM patented technology offers an alternative to hauling and incinerating medical waste. Industry analysts estimate the medical waste market to be approximately $3 billion in the US and approximately $10 billion worldwide. More information on the Company and MCM can be found at www.caprius.com and www.mcmetech.com.

E[acute accent]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

E[acute accent]This press release may contain forward-looking statements that involve risks and uncertainties. These statements refer to future plans, objectives, expectations and intentions. These statements may be identified by the use of words such as "anticipate," "believe," "intend," "plan," "expect" and other similar expressions. The Company's actual results could differ materially from those discussed in, or implied by, such forward-looking statements. You should also be aware of risks and uncertainties that, in the Company's view, could cause actual results to differ materially including changes related to regulatory and environmental approvals, manufacturing, operations, capital needs, technological advances by competitors and changes in health care reform, including reimbursement programs.

E[acute accent]Certain of the information concerning economic trends and performance is based upon or derived from information provided by third-party consultants and other industry sources. While the Company believes that such information is accurate and that the sources from which it was obtained are reliable, it cannot guarantee the accuracy of such information, as it has not independently verified the assumptions on which projections of future trends and performance are based.
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Geographic Code:1USA
Date:Sep 14, 2005
Words:667
Previous Article:HealthCare Transaction Processors Gains Key Contract; HTP Transaction Sentinel Boosts Ohio Hospital's Medicaid Billables.
Next Article:Channel Sampling Confirms High Grade Gold Mineralization on Namex's Golden Pine Property.
Topics:



Related Articles
Prep Notebook.
UW takes big lead in UO event.
It's a Northwest test now.
Scoreboard.
MORNING BRIEFING.
Lee helps UW's hot start.
Orders issued under Bank Holding Company Act.
Dawgs put stock in trophy dash.
MORNING BRIEFING.
Company Watch - Northwest Airlines.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles