Cell Robotics Receives First Order from China for Sixty Personal Lasettes.Business Editors & Health/Medical Writers ALBUQUERQUE, N.M.--(BW HealthWire)--Aug. 23, 2000 Cell Robotics International Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :CRII CRII Cooperative Research in Information Infrastructure CRII Customer Returns Improvement Initiative ), a manufacturer and marketer of medical and scientific laser devices, today announced that it has received its first order of 60 Personal Lasettes(R) from Chinese distributor C.A. Continentals Inc. (CAC See Consumer Advisory Council. ). The award-winning Personal Lasette is a miniature 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. , slightly larger than a cell phone, that allows diabetics to test blood glucose levels blood glucose level, n level of glu-cose in the bloodstream, normally about 70 to 115 mg/dL after fasting overnight. Higher levels may indicate diseases such as diabetes mellitus. with minimal pain, no lingering soreness and less residual bleeding, and eliminates the steel lancet for needle phobics. C.A. Continentals has received approval from the Chinese regulatory authorities to distribute the Lasette in China. The company distributes medical products with partnership companies and has more than 60 offices located throughout China. This network consists of both state-owned and private distributors, covering every province in China. With headquarters in Beijing, China, CAC develops and manages its U.S. medical products through a subsidiary office in Orlando, Fla. CAC and its partnership companies had sales of $250 million in 1997, making CAC one of the largest medical distribution companies in China. CAC has already prepared a newsletter describing the Lasette and will exhibit it at an upcoming tradeshow in the Kuam Dong province. Dr. Ronald K. Lohrding, president of Cell Robotics, stated: "We are extremely pleased with C.A. Continentals Inc. The company undertook a thorough market study, and given the eagerness of its staff to launch the Lasette and consistent track record of success, we are confident in their abilities to aggressively sell our Lasette in China." Lohrding continued: "Travis Lee Travis Lee (born on May 26, 1975 in San Diego, California) is a former major league first baseman. Travis Lee graduated from Capital High School in Olympia, Washington in 1993. , vice president of sales and marketing, and Irene Ho, international sales coordinator, left yesterday to meet with several organizations in Asia, including distributors in Japan, Taiwan, Korea and CAC in China. While in the region, they will also attend the Hospi Medica medica (māˑ·dē·k (Asia). This convention in Singapore runs August 29-31 and is expected to draw 80,000 people and thousands of medical distributors." Diabetes, a chronic disease, is the most costly of all diseases in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and is the sixth leading cause of death worldwide. The International Diabetes Institute provides the following numbers of people with diabetes by region: 16.9 million in North America, 23.7 million in Europe, 51.2 million in Asia and 12.6 million in Latin America. Detailed information about purchasing the Lasette and media-quality photographs can be found at www.cellrobotics.com or by calling 800/846-0590. Interested distributors should submit a form at http://www.cellrobotics.com/DIS_Form.html. As a cautionary note to investors, certain matters discussed in this news 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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