Company announces sales increase.WAYNE Wayne, city (1990 pop. 19,899), Wayne co., SE Mich., a suburb of Detroit, on the Lower Rouge River; inc. as a village 1869, and with surrounding areas as a city 1960. It has automobile and aircraft industries and other varied manufactures. , N.J.--(BUSINESS WIRE)--March 25, 1997--Medical Laser Technologies Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on Bulletin Board:MLTI MLTI Maine Learning Technology Initiative MLTI Mesosphere Lower Thermosphere Ionosphere ) has recently completed the installation of two InstaCine systems at Mission Hills Hospital in Oklahoma and Memorial Hospital in Florida. The installation in Florida is the third system purchased by that hospital. These installations have helped increase revenues to over $600,000 for the quarter ended Feb. 28, 1997. This represents an increase of 40% over the entire preceding nine months. The company believes that this dramatic increase is the result of the marketing program launched at the RSNA RSNA Radiological Society of North America, Inc. RSNA Robust Security Network Association meeting in December. Since the beginning of the year the company has issued proposals for more than $3 million worth of its products. Medical Laser Technologies Inc. develops and manufactures electronic imaging systems for angiographic and cardiac proceeders. CONTACT: Michael F. O'Shea, 201/785-3338 Fax: 201/785-0649 |
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