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Cares Built Inc. Introduces a Digital Filmless Replacement for X-Rays, Clarity 7000, in a Strategic Alliance with Siemens.


KEYPORT, N.J.--(BW HealthWire)--Sept. 16, 1999--

Cares Built Inc., a privately held distributor of medical x-ray technology has announced the successful development of a digital filmless replacement of x-ray film Noun 1. X-ray film - photographic film used to make X-ray pictures
bitewing - a dental X-ray film that can be held in place by the teeth during radiography
. "The Clarity 7000 images are clearly superior. These are the first digital images that I have seen which have the capacity to completely replace plain film images," said Dr. Leonard J. Zawodniak, Chairman, Dept. of Radiology, Jersey Shore Medical Center, Neptune, New Jersey Neptune, New Jersey can refer to:
  • Neptune Township, New Jersey
  • Neptune City, New Jersey
, (July 8, 1999). To date, digital radiography digital radiography Imaging A format for producing x-rays in which film used to produce conventional x-ray images is replaced with more sensitive sensitive electronics; DXRs produce images with12  systems have been promised but not able to fulfill the requirements required by the market. Hence, market penetration Noun 1. market penetration - the extent to which a product is recognized and bought by customers in a particular market
penetration - the act of entering into or through something; "the penetration of upper management by women"
 has been non-existent. Critical factors for market success for a digital x-ray solution are the following:

- Digital x-ray image equal to or better than film - Equal or lower radiation dosage levels - Lower capital cost than today's digital solutions - Seamless "drop in" retrofit capability - Ease of manufacture - Long system half life - Easy field maintenance

The Clarity 7000 system meets all of these demands with their unrivaled design. "Clarity 7000 is named for the 7,000 x 7,000 pixel matrixes that dramatically exceeds existing analog x-ray technology, " says Timothy Telymonde, President of Cares Built Inc. "These digital images 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] , eliminating the harsh film developing chemicals that presently flow into our water system."

In a strategic alliance with Siemens, an international x-ray equipment manufacturer, Cares Built, Inc. has been designated by Siemens as a dealer/distributor for Siemens general radiographic radiographic (rā´dēōgraf´ik),
adj relating to the process of radiography, the finished product, or its use.
 products in the United States. The intent is to utilize the Clarity 7000 for general radiographic products, subject to FDA FDA
abbr.
Food and Drug Administration


FDA,
n.pr See Food and Drug Administration.

FDA,
n.pr the abbreviation for the Food and Drug Administration.
 clearance and Siemens corporate approval. Siemens has agreed to investigate the technology once it has reached a final stage of development and proves to reach the theoretically stated results-such as high resolution and outstanding image quality.

Cares Built, Inc., submitted all pertinent Patent and FDA applications, and anticipates issuance and approvals during the third quarter of 1999.

Cares Built, Inc., successfully closed the first round of private placement in August, 1999 through Network One Financial in Red Bank, NJ (1-800-886-7007). Cares Built anticipates a successful closing to the private placement and initiating an IPO (Initial Public Offering) The first time a company offers shares of stock to the public. While not a computer term per se, many founders, employees and insiders of computer companies have found this acronym more exciting than any tech term they ever heard.  within 18 to 24 months.

Cares Built, Inc., signed an exclusive agreement with Sarnoff Inc. The agreement signed on 08/30/99 gives Cares Built Inc exclusive rights to the CMOS (Complementary Metal Oxide Semiconductor) Pronounced "c-moss." The most widely used integrated circuit design. It is found in almost every electronic product from handheld devices to mainframes.  Imaging technology within the Clarity 7000. In addition Sarnoff Inc has agreed to develop CMOS technology exclusively for Cares Built, the technology encompasses multi camera medical and industrial x-ray markets.

Certain statements in this press release, including, without limitation, statements as to the Company's objective to grow through strategic alliances, or as to the Company's or management's beliefs, expectations or opinions, are forward-looking statements that involve risks and uncertainties and are subject to change at any time.
COPYRIGHT 1999 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Sep 16, 1999
Words:462
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