Coronado Industries' Medical Directors to Attend American Academy of Ophthalmology Meeting.Business/Technology Editors FOUNTAIN HILLS, Ariz.--(BUSINESS WIRE)--Nov. 7, 2001 Coronado Industries, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: CDIK), a manufacturer of proprietary pneumatic devices for the effective treatment of glaucoma, announced today that its Medical Directors, John T. LiVecchi, M.D. and Leo Leo, in astronomy Leo [Lat.,=the lion], northern constellation lying S of Ursa Major and on the ecliptic (apparent path of the sun through the heavens) between Cancer and Virgo; it is one of the constellations of the zodiac. D. Bores, M.D., will be attending the American Academy of Ophthalmology The American Academy of Ophthalmology (AAO) is a medical association of ophthalmologists–medical doctors (MDs) specializing in eye care and surgery). The group is based in San Francisco, California. (AAO AAO American Association of Orthodontists; American Academy of Ophthalmology; American Academy of Otolaryngology; American Academy of Osteopathy. AAO ) meeting in New Orleans, Louisiana, November 11th - 14th, 2001. The AAO is the largest ophthalmology convention of the year, attracting approximately 25,000 ophthalmologists from around the world. While in attendance, Drs. LiVecchi and Bores will meet with doctors involved in the Company's 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. study, and conduct other business on behalf of Coronado Industries. "We expect this to be a positive meeting for both our Pneumatic Trabeculoplasty(TM) (PNT PNT Point PNT Paint (MacPaint graphic file format) PNT Patient PNT Pentagon (Washington, DC; US DoD) PNT Positioning, Navigation and Timing PNT Prime Number Theorem PNT Phenytoin ) treatment for glaucoma and the Company," commented Gary Smith, President of Coronado Industries. PNT, a two-minute, non-invasive procedure, is currently being evaluated as a cost-effective alternative for the treatment of the most common types of glaucoma, open angle and pigmentary. During PNT, a suction device is applied to the eye for two minutes with the intention of reducing intraocular pressure intraocular pressure n. The pressure of the intraocular fluid within the eye. intraocular pressure (in´tr . Coronado Industries, through its wholly-owned subsidiaries American Glaucoma and Ophthalmic International, focuses on the development and testing of a patented procedure, Pneumatic Trabeculoplasty (PNT(TM)), a non-invasive, highly-effective, and low-cost alternative to traditional treatments. Currently, the Company is allowed to market its pneumatic suction device and treatment throughout the European marketplace under a CE Mark (allowing manufacturers to freely sell their products) from the European Commission. Pending FDA approval, the Company will license its patented treatment procedure and equipment in the United States. Forward-looking statements in this release are made pursuant to the "safe harbor" provisions 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. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, continued acceptance of the Company's products, increased levels of competition for the Company, new products and technological changes, the Company's dependence on third-party suppliers, and other risks detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission. |
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