Printer Friendly
The Free Library
19,607,059 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Coronado Industries PNT Treatment Featured at Equities Magazine Investors Conference in New York; Investors Told of the Advances Made by the Company by Non-Invasive Treatment for Glaucoma.


FOUNTAIN HILLS, Ariz. -- Dr. John Sharkey, president of Ophthalmic International (www.ophthalmicinternational.com), the wholly owned subsidiary Wholly Owned Subsidiary

A subsidiary whose parent company owns 100% of its common stock.

Notes:
In other words, the parent company owns the company outright and there are no minority owners.
 of Coronado Industries (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
: CNDO CNDO Complete Neglect of Differential Overlap
CNDO Congenital Nasolacrimal Duct Obstruction
) (www.coronadoindustries.com), was in New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 on Friday, June 16, to address the Equities Magazine Investor Conference. Leading investors, institutions and financial advisors gathered at the Yale Club The Yale Club may be:
  • Yale Club of New York City
  • Yale Glee Club
  • Yale Club of Philadelphia
  • Yale Corinthian Yacht Club
 in New York to hear presentations made by senior management of a select group of promising technology companies.

A live webcast of Coronado's presentation can be accessed by visiting the Equities Magazine Web site at www.equitiesmagazine.com. Viewing is free and visitors need only to follow the on-screen on·screen or on-screen  
adj. & adv.
1. As shown on a movie, television, or display screen.

2. Within public view; in public.
 instructions. The webcast will be archived for the next 90 days.

The opportunity to talk to this large group of investors came at a particularly eventful time for Coronado Industries. Investors were told of the multiple advantages of the company's non-invasive treatment for glaucoma glaucoma (glôkō`mə), ocular disorder characterized by pressure within the eyeball caused by an excessive amount of aqueous humor (the fluid substance filling the eyeball). , and the progress being made in various markets around the world. The company continues to make in-roads into major markets in Europe, where the product is already approved, having recently announced the execution of a new sales, marketing and distribution agreement covering France. He also shared that the company has initiated activities to accelerate the introduction of 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
 into select African and South American countries List of American countries

Nations:
  •  Antigua and Barbuda
  •  Bahamas
, where the lack of available glaucoma treatments is having a devastating dev·as·tate  
tr.v. dev·as·tat·ed, dev·as·tat·ing, dev·as·tates
1. To lay waste; destroy.

2. To overwhelm; confound; stun: was devastated by the rude remark.
 impact on patients and the economy.

Sharkey explained to the assembled investors that PNT lends itself perfectly to many areas of the world where access to pharmaceutical and surgical treatments are limited. As an example, in the west of Africa, where the incidence of glaucoma has been estimated to be approximately 20% in people over the age of 30 years, it is not uncommon to see people in their 40s and 50s blinded by the disease. The reasons for the poor availability of effective treatment is often driven by cultural, economic and logistical reasons, and include the high costs of pharmaceuticals and the lack of skilled ophthalmic surgeons required to perform the surgery. PNT has the advantages of being completely portable and relatively inexpensive to administer when compared to other treatments for glaucoma. It was, he said, an ideal solution for many nations whose governments and private medical services were burdened with the ever-growing problem of glaucoma, an incurable eye disease that affects millions of people, and which the World Health Organization has identified as the second-leading cause of preventable blindness worldwide. A vast majority of glaucoma sufferers are presently unable to access or afford effective treatment.

Sharkey said that given the number of distribution agreements the company has already signed, those that it is likely to sign in the near future, and the company's initiatives, some of which are already underway to introduce the product within Africa and South America South America, fourth largest continent (1991 est. pop. 299,150,000), c.6,880,000 sq mi (17,819,000 sq km), the southern of the two continents of the Western Hemisphere. , he believes that the company is making good progress. As the company moved forward with its strategy of making PNT available to a wider international patient population suffering from this devastating disease, he said he looked forward to sharing news of the company's achievements to more discerning investors in the coming months.

Equities Magazine, which has been published for more than 50 years, and covers small to mid cap companies, is widely read throughout the United States by individual and institutional investors, fund managers and financial advisors. It is soon to launch a European edition out of London.

Meanwhile, a corporate profile of Coronado, covering two pages, has been published in the June edition of the magazine, and will also appear in the new European edition, providing more exposure for Coronado and its PNT technology among investors in the United Kingdom and European financial markets.

Coronado Industries, through its wholly owned subsidiary Ophthalmic International, is focused on the development and commercialization of its patented procedure as a cost-effective alternative for the treatment of the most common types of glaucoma, which are open angle and pigmentary, as well as for the treatment of ocular hypertension.

For more information about Coronado Industries, please visit our Web site at www.coronadoindustries.com or contact:
Bob Smith, Investor Relations         Victor Webb/Madlene Olson, Media
Coronado Industries                   Marston Webb International
480-837-6810                          212-684-6601


Forward-looking statements in this release are made pursuant to the "safe harbor Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
" 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.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Jun 21, 2006
Words:768
Previous Article:NvestNtech Blog Puts Emphasis On Overcoming Sales Barriers.
Next Article:American Mold Guard Names Cheryl Inbody as Director of Marketing.
Topics:



Related Articles
Coronado Reports Progress on Several Fronts in Marketing Its PNT Glaucoma Treatment; Distributive and Registration Talks Underway in North America,...
Coronado Industries Enters New Agreement for Distribution of Their PNT Glaucoma Treatment Device in China; Agreement Set to Open the Way to an...
Coronado Industries Report on Marketing Progress During 2005; Solid Progress Positions the Company for Marked Expansion in 2006.
Coronado Industries Makes the Caribbean Its Next Stop.
Coronado Industries to Submit Canadian Registration Package; Completion of ISO Audit Moves Company a Step Closer to Marketing Its PNT Glaucoma...
Coronado Industries Signs Exclusive Distribution Agreement for France; Agreement a Key Part of Expansion of Distribution Across Europe.
Coronado Industries to Introduce Its PNT Treatment for Glaucoma in Ghana; Distribution Agreement Opens the Way to African Markets.
Coronado Industries Featured in EQUITIES Magazine; Gains Worldwide Exposure.
ScyFIX Announces Upcoming Clinical Trials for Treating Age-Related Macular Degeneration and Glaucoma.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles