EnvirOx Launches Critical Care Disinfectant Containing Innovative Medical Services' Axenohl Technology.Business Editors/Health/Medical Writers
SAN DIEGO--(BUSINESS WIRE)--Sept. 16, 2003
New Industrial Disinfectant Delivers Better, Faster Disinfecting Power
Innovative Medical Services (NASDAQ NASDAQ
in full National Association of Securities Dealers Automated Quotations
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Michael L. Krall, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Innovative Medical Services stated, "EnvirOx's leading-edge business is based upon addressing difficult cleaning challenges while reducing human and environmental toxicity in a meaningful way. The launch of Critical Care by EnvirOx reflects the prevailing trend of an entire industry - a transition from traditional poisonous chemicals to reduced toxicity, high efficacy janitorial and sanitation products. We believe that our Axenohl(TM) technology will be on the forefront of this evolution."
"Response so far to Critical Care has been remarkable," stated Patrick Stewart, president of EnvirOx, L.L.C.. "For the first time, professionals can disinfect a surface, have a very fast kill and know there is a residual kill for up to 24 hours. It's the Axen-30 silver ion technology that enables the product to kill most common bacteria in just 30 seconds and coat a non-porous surface with residual protection that lasts 24 hours. You get a safe, low toxicity product that delivers better, faster disinfecting power that lasts."
Innovative Medical Services and EnvirOx together have obtained U.S. Environmental Protection Agency Environmental Protection Agency (EPA), independent agency of the U.S. government, with headquarters in Washington, D.C. It was established in 1970 to reduce and control air and water pollution, noise pollution, and radiation and to ensure the safe handling and registration for Critical Care, and EnvirOx has already attained approval to sell Critical Care in many US states.
Axen-30 Disinfectant Sets New Industry Standard
Axen-30 is an EPA EPA eicosapentaenoic acid.
n.pr See acid, eicosapentaenoic.
n. approved 30 parts-per-million (ppm) use-dilution formula of Innovative Medical Services' new molecule, Axenohl. Efficacy claims for Axen-30 include a 30-second kill time on standard indicator bacteria; a 24-hour residual kill on standard indicator bacteria; a 2-minute kill time on the resistant strains of bacteria, MRSA MRSA Methicillin-resistant Staphylococcus aureus. See MARSA. and VRE VRE
VRE Vancomycin-resistent enterococcus, see there ; a 10-minute kill time on fungi; a 30-second kill time on HIV HIV (Human Immunodeficiency Virus), either of two closely related retroviruses that invade T-helper lymphocytes and are responsible for AIDS. There are two types of HIV: HIV-1 and HIV-2. HIV-1 is responsible for the vast majority of AIDS in the United States. Type I; and a 10-minute kill time on certain other viruses. These claims distinguish the efficacy of Axen-30 from many leading commercial and consumer products currently on the market; furthermore, Axen-30 maintains lowest toxicity ratings. Innovative Medical Services plans to pursue EPA approvals for additional applications including disinfecting wipes, food contact surface sanitization sanitization /san·i·ti·za·tion/ (-ti-za´shun) the process of making or the quality of being made sanitary.
n. and water treatment.
Wide Ranging Potential of Axenohl
The potential marketability of Innovative Medical Services' Axenohl technology reaches beyond EPA applications into human healthcare treatments. Innovative Medical Services recently announced that it has signed an agreement with Therapeutics, Inc., a drug development company based in La Jolla, California, for the development and commercialization of Food and Drug Administration (FDA FDA
Food and Drug Administration
n.pr See Food and Drug Administration.
n.pr the abbreviation for the Food and Drug Administration. ) regulated Axenohl(R)-based products. Under the terms of the agreement, Therapeutics, Inc., will be responsible for funding and directing all development activities and regulatory filings.
About EnvirOx, L.L.C.
EnvirOx, L.L.C., is headquartered in Danville, Ill., and specializes in the manufacturing and marketing of hydrogen peroxide-based, low toxicity cleaning products. Its H(2)Orange(2) Multi-Purpose Concentrate 117 was the industry's first hydrogen peroxide-based cleaning product, and is EPA registered, Green Seal GS-37 certified and NSF rated A1, D2. The company's Grout-Safe Tile and Grout Cleaner is also Green Seal certified and NSF rated A1. Currently, the company offers nine different low toxicity cleaning products, as well as proprietary personal and wall-mounted dispensing systems.
About Innovative Medical Services
Innovative Medical Services (IMS (1) See IP Multimedia Subsystem.
(2) (Information Management System) An early IBM hierarchical DBMS for IBM mainframes. IMS was widely implemented throughout the 1970s under MVS and continues to be used under z/OS. ) is a biosciences company that develops and markets technology-based products involving water purification/treatment, pest control and antimicrobial applications. The Company is currently America's leader in pharmaceutical water purification products and services using reverse osmosis technology. IMS has expanded beyond its niche pharmacy market by developing and marketing its Innovex line of EPA-approved pest control products using Triglycylboride(TM) technology and its Axenohl(R) antimicrobial disinfectant based upon its patented ionic silver technology.
Innovative Medical Services is headquartered in El Cajon, California
El Cajon (IPA pronunciation in English: [ɛl kə'hoʊn] (San Diego metropolitan area San Diego, California Metropolitan Area:
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This press release includes statements that may constitute "forward-looking" statements, usually containing the words "believe", "estimate", "project", "expect" or similar expressions. These statements 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. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, acceptance of the Company's current and future products and services in the marketplace, the ability of the Company to develop effective new products and receive regulatory approvals of such products, competitive factors, dependence upon third-party vendors, and other risks detailed in the Company's periodic report filings with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.