Cell Robotics' President And CEO Interviewed by CEOcast.com; Dr. Ronald Lohrding Discussed Recent Corporate Developments.Business Editors ALBUQUERQUE, N.M.--(BUSINESS WIRE)--April 23, 2001 CELL ROBOTICS INTERNATIONAL INC inc - /ink/ increment, i.e. increase by one. Especially used by assembly programmers, as many assembly languages have an "inc" mnemonic. Antonym: dec. . (CRII CRII Cooperative Research in Information Infrastructure CRII Customer Returns Improvement Initiative .OB) today announced that President and Chief Executive Officer, Dr. Ronald Lohrding, was interviewed by CEOcast.com. To access the interview, log onto www.CEOcast.com. Free registration is required. The interview will be available until April 27, 2001. During the interview, Dr. Lohrding discussed the Company's two main product lines: the Lasette and the Cell Robotics Workstation. Regarding the Lasette, Mr. Lohrding emphasized the need for US companies to address the new "Needlestick Safety and Prevention Act" targeted at hospitals, clinics, nursing homes and correctional facilities. Specifically, correctional facilities have a strong motivation for using the Company's completely needleless system for drawing capillary blood. As well, in the enormous home-use diabetes market the company is focusing on working with medical professionals such as diabetic educators and diabetes organizations such as the American Diabetes Association The American Diabetes Association, or the ADA, is an American health organization providing diabetes research, information and advocacy. Founded in 1940, the American Diabetes Association conducts programs in all 50 states and the District of Columbia, reaching hundreds of and the Juvenile Diabetes Research Foundation The Juvenile Diabetes Research Foundation (JDRF) is the leading charitable funder and advocate of type 1 (juvenile) diabetes research worldwide. The mission of JDRF is to find a cure for diabetes and its complications through the support of research. . Blood glucose levels are a measure of an individual's health status. Because people with diabetes cannot properly produce or metabolize me·tab·o·lize v. 1. To subject to metabolism. 2. To produce by metabolism. 3. To undergo change by metabolism. metabolize to subject to or be transformed by metabolism. glucose, today they typically monitor their glucose levels by frequently pricking their fingertips to draw the drop of blood necessary for conventional glucose monitoring glucose monitoring Lab medicine The periodic evaluation of any analyte abnormal in Pts with DM, to assess short and long-term control with antiglycemic agents. See Glucose, Glycated hemoglobin. . The FDA-cleared Lasette is a needleless laser finger perforator per·fo·rate v. per·fo·rat·ed, per·fo·rat·ing, per·fo·rates v.tr. 1. To pierce, punch, or bore a hole or holes in; penetrate. 2. that allows the nearly painless drawing of capillary blood samples. The yearly worldwide market for glucose testing is estimated at $3.7 billion and is growing at an annual rate of 12 to 18 percent. Dr. Lohrding also discussed the increased interest in the Cell Robotics Workstation. Growing sales can be attributed in part to the following enabling areas within biotechnology. The enormous human genome project defined the individual through the genetic structure. Using the genome as a blueprint, the study of proteins helps explain what can cause or cure diseases. The study of proteins, called proteomics, is a new emphasis area for biology. The Cell Robotics Workstation, through its LaserTweezers(R) and LaserScissors(R), allows new ways to study the function and structure of proteins. Understanding proteins is a key to curing such neurological diseases as Multiple Sclerosis, Parkinson's and Alzheimer's. Another area where the workstation provides increased efficiency is in the production of transgenic animals. These are animals that have human genes inserted into them. For example, transgenic chickens will produce a particular protein in the whites of their eggs. This protein can then be harvested from the egg as a constituent of a drug to treat disease. Once such a transgenic chicken is developed then the Cell Robotics Workstation can be used to create a genetic copy of additional chickens for the drug production. Finally, efficiency can also be improved in the laboratory. Scientists can supervise technicians using the Cell Robotics Workstation rather than being required to use their personal expertise to perform detailed operations. For example, technicians can isolate stem cells stem cells, unspecialized human or animal cells that can produce mature specialized body cells and at the same time replicate themselves. Embryonic stem cells are derived from a blastocyst (the blastula typical of placental mammals; see embryo), which is very young from such tissues as fat obtained by liposuction Liposuction Definition Liposuction, also known as lipoplasty or suction-assisted lipectomy, is cosmetic surgery performed to remove unwanted deposits of fat from under the skin. for the growing of skin, bone or cartilage. Other product being considered for development are a Lasette that contains a glucose meter and an instrument for performing laser myringotomy laser myringotomy ENT A procedure for treating serous otitis media by lasering a hole in the tympanic membrane–myringotomy without inserting ventilation tubes; the opening allows drainage and endoscopic evaluation of the middle ear; it remains open for wks, , which is considered by many to be a safer alternative to placing tubes in the eardrum ear·drum n. The thin, semitransparent, oval-shaped membrane that separates the middle ear from the external ear. Also called drum, drumhead, drum membrane, myringa, myrinx, tympanic membrane, . Cell Robotics International, Inc. is a medical products company striving to enhance patient quality-of-life through technology. Cell Robotics develops, sells and markets technologically unique devices that respond to the rapidly increasing market demand for products that offer more effective, safer, and less painful solutions than conventional procedures. Detailed information about the Lasette(R) and media quality photographs can be found at www.cellrobotics.com or by calling 505-343-1131. As a cautionary note to investors, certain matters discussed in this press release may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Such matters involve risks and uncertainties that may cause actual results to differ materially, including the following: changes in economic conditions; general competitive factors; the Company's ability to execute its service and product sales plans; and the risks described from time to time in the Company's Securities and Exchange Commission filings. |
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