Corporate Profile for EDAP Technomed, dated Oct. 3, 1997.--(BUSINESS WIRE)--The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services. -0-
Published Date: Oct 3, 1997
Company Name: EDAP Technomed, Inc
Address: Two Burlington Woods
Burlington, MA 01803
Main Telephone
Number: 781/221-1601
Internet Home
Page Address
(URL): www.edaptechnomed.com
Chief Executive
Officer: Robert J. Minton, President
Chief Financial
Officer: Paul T. More, Vice President
Investor Relations
and
Public Relations
Contact: Christine Meehan, Senior Vice President
Business number: 781/221-1601
Public Relations
Contact: Eileen F. Pacheco, Director of Public Relations
Marketing Strategies Inc.
Business number: 781/356-5090
Trading Symbol/
Exchange: NASDAQ:EDAPY
Industry: Medical devices: Develop, manufacture, and market
urological medical equipment
Company description: Founded in 1979, EDAP EDAP Eating Disorders Awareness and Prevention EDAP Extended Data Availability and Protection (fault tolerant disk technology) EDAP Emergency Department Approved for Pediatrics EDAP Energy Descent Action Plan Technomed, Inc. is a pioneer in the development of minimally invasive, cost-effective medical therapies, primarily for the treatment of urological diseases. The Company currently produces and markets devices for the treatment of benign prostatic hyperplasia benign prostatic hyperplasia n. Abbr. BPH A nonmalignant enlargement of the prostate gland commonly occurring in men after the age of 50, and sometimes leading to compression of the urethra and obstruction of the flow of urine. (BPH BPH abbr. benign prostatic hyperplasia BPH Benign prostatic hypertrophy, a very common noncancerous cause of prostatic enlargement in older men. ) and urinary tract stones. The Company is also developing products for minimally invasive destruction of certain types of tumors. EDAP Technomed's Prostatron(R) is the first device approved by the 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. for use in TransUrethral Microwave Thermotherapy ther·mo·ther·a·py n. Medical therapy involving the application of heat. thermotherapy (TUMT<R>), a non-surgical, one-hour, outpatient treatment for BPH, the non-cancerous enlargement of the prostate which affects 50% of men over age 60. More than 150 hospitals and medical centers worldwide are treating BPH patients with Prostatron. The Company also manufactures and distributes lithotripters based on extra-corporeal shockwave lithotripsy (ESWL ESWL (Extracorporeal shock wave lithotripsy) The use of focused shock waves, generated outside the body, to fragment kidney stones. Mentioned in: Lithotripsy ) technology, for the treatment of kidney stones. With more than 400 lithotripters installed around the world, EDAP Technomed is among the top three lithotripsy companies worldwide. EDAP Technomed's development of new therapies and devices for the microwave thermotherapy, lithotripsy and high-frequency ultrasound (HIFU HIFU High-intensity focused ultrasound Surgery A method that focuses ultrasound to heat/ablate target tissue without injuring surrounding structures. See Sonablate 200™. ) markets is supported by strategic alliances with top medical research institutes around the world. This partnership approach has contributed to the impressive pace and cost-effectiveness of reliable new therapies that EDAP Technomed has brought to market. Headquartered in Burlington, Massachusetts, EDAP Technomed, Inc. is the U.S. operating company of publicly held Paris, France-based EDAP TMS TMS Transcranial Magnetic Stimulation (alternative medicine for depression) TMS Test Match Special (sports - cricket) TMS Texas Motor Speedway TMS Transportation Management System TMS Toyota Motor Sales S.A. (NASD NASD See: National Association of Securities Dealers NASD See National Association of Securities Dealers (NASD). :EDAPY), a world leader in the fields of microwave thermotherapy and lithotripsy. CONTACT: EDAP Technomed |
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