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Medical Technology and Innovations, Inc. Announces United States Patent Office Issues Notice of Allowance for the Utility Patent on Female Incontinence Control Device.


Business Editors/Health & Medical Writers

LANCASTER, Pa.--(BW HealthWire)--June 18, 2002

Company Plans Worldwide Launch of Its Steridyne IVD (Interactive VideoDisc) See interactive video.  Shortly

Medical Technology & Innovations, Inc. (MTI MTI Ministry of Trade and Industry (Singapore)
MTI Metal Treating Institute
MTI Moving Target Indicator (radar)
MTI Magyar Távirati Iroda (news agency in Budapest, Hungary) 
) (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:MTIV MTIV Making the Invisible Visible (book) .OB-NEWS), the company known for innovative medical devices and products, announced today that it has received notice of allowance from the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  Patent Office for the Utility Patent which was issued June 12, 2002 for the Female Incontinence Control Device.

Mr. Jeremy P. Feakins, Chairman and Chief Executive Officer said, "We are thrilled that we have received notice of allowance from the United States Patent Office for the utility patent on our new female incontinence control device, Steridyne IVD. This notice, together with recent 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.
 clearance for Steridyne IVD places us closer toward our worldwide launch of the device."

Mr. Larry James, PA, Senior Vice President of Medical Affairs and R&D commented, "Receiving this notice provides us with the necessary proprietary technology protection for the incontinence control device. Steridyne IVD is a world-class device that promises relief to millions of women worldwide who suffer from female urinary incontinence Urinary Incontinence Definition

Urinary incontinence is unintentional loss of urine that is sufficient enough in frequency and amount to cause physical and/or emotional distress in the person experiencing it.
. In the USA alone, more than 12 million women suffer from incontinence. Our new-patented device, Steridyne IVD(TM) will offer to these women a control device that offers a simple, hygienic hy·gien·ic
adj.
1. Of or relating to hygiene.

2. Tending to promote or preserve health.

3. Sanitary.
 and non-surgical solution. Urinary incontinence is a costly condition for patients because of the use of absorbent absorbent /ab·sor·bent/ (-sor´bent)
1. able to take in, or suck up and incorporate.

2. a tissue structure involved in absorption.

3. a substance that absorbs or promotes absorption.
 products, laundry costs, urinary tract and skin infections, and pharmaco-therapy. Supplementary costs, which are more difficult to quantify, include caregiver time, patient social stigma and hygienic problems associated with UI." Mr. James also stated the overall economic burden of urinary incontinence is extremely high ($17.5 Billion annually) as shown by a cost comparison analysis of 9 prevalent diseases.


                            COST OF ILLNESS
--------------------------------------------- ------------------------
                  DISEASE                                COST
--------------------------------------------- ------------------------
               Breast Cancer                             8.9
--------------------------------------------- ------------------------
            Pneumonia/Influenza                          15.8
--------------------------------------------- ------------------------
                Incontinence                             17.5
--------------------------------------------- ------------------------
                 Arthritis                               17.6
--------------------------------------------- ------------------------
                   Stroke                                25.5
--------------------------------------------- ------------------------
            Dementia/Alzheimer's                         25.8
--------------------------------------------- ------------------------
                  Smoking                                27.0
--------------------------------------------- ------------------------
                  Diabetes                               41.4
--------------------------------------------- ------------------------
                    CHD                                  46.0
--------------------------------------------- ------------------------


MTI recently reported on the 100% successful outcome of medical trials conducted by Dr. Felecia Froe, Director, UroCare for Women, LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
 based in Kansas City, MO. Dr. Froe, one of only seventy-five female urologists in the USA, reported: "The Urinary Incontinence Device developed by Medical Technology and Innovations, shows tremendous promise as a solution for women with incontinence. The device will be a much needed solution for women everywhere who suffer from this problem."

About MTI

MTI is a growth stage company that has developed proven technology. MTI has developed Steridyne IVD(TM), a patented female urinary incontinence control device. Steridyne IVD has completed pre-market testing and will be launched shortly. Steridyne Corporation, a 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 MTI, is a developer, manufacturer and importer of a wide range of health care products to the consumer, professional and ethical markets. MTI is also the developer and manufacturer of the PhotoScreener(TM), a patented first-to-market device that can screen preverbal pre·verb·al  
adj.
1. Preceding the verb.

2.
a. Having not yet learned to speak: preverbal children.

b.
, special needs children and others for signs of serious eye conditions before irreversible problems occur.

Note: This News Release contains certain "forward-looking statements" as such term is defined in 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 and information relating to the Company are based on the beliefs of the Company's management as well as assumptions made by and information currently available to the Company's management.

Such statements reflect the current risks, uncertainties and assumptions related to certain factors including, without limitations, competitive factors, general economic conditions, customer relations, relationships with vendors, the interest rate environment, governmental regulation and supervision, seasonality, distribution networks product introductions and acceptance, technological change, changes in industry practices, and one-time events.

Should any one or more of these risks or uncertainties materialize, or should any underlying assumptions prove incorrect, actual results may vary materially from those described herein.

For more information, please contact:

Product/Technical Inquiries: Larry James, PA Senior Vice President of Medical Affairs 816/525-6677

Investor Inquiries: Dennis Surovcik, SVP SVP S'il Vous Plaît (French: Please)
SVP Senior Vice President
SVP Schweizerische Volkspartei (Swiss People~s Party)
SVP Society of Vertebrate Paleontology
SVP Social Venture Partners
SVP St Vincent de Paul
 and Chief Financial Officer: 717/393-8000 http://www.mticompanies.com
COPYRIGHT 2002 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Comment:Medical Technology and Innovations, Inc. Announces United States Patent Office Issues Notice of Allowance for the Utility Patent on Female Incontinence Control Device.
Publication:Business Wire
Geographic Code:1USA
Date:Jun 18, 2002
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