Printer Friendly
The Free Library
19,122,084 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

NVID International, Inc. Closes Agreements With Innovative Medical Services.


Business Editors

CLEARWATER, Fla.--(BUSINESS WIRE)--Jan. 14, 2000

NVID NVID Normal Video  International, Inc. (OTC OTC

See: Over-the-counter.


OTC

See over-the-counter market (OTC).
 BB:NVID) announced today that it has closed the definitive agreements for Axenohl(TM) and the Reservoir Metering System ("RMS") with Innovative Medical Services (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
:PURE) of El Cajon, California
This article is about the California city, for the musical instrument see, Cajon. For the valley, see Cajon Pass.


El Cajon (IPA pronunciation in English: [ɛl kə'hoʊn] 
. The disinfection disinfection,
n the process of destroying pathogenic organisms or rendering them inert.

disinfection, full oral cavity,
n a procedure used to reduce active periodontal disease, usually completed within a certain short time frame.
 foundation of Axenohl(TM) and RMS are derived from a form of silver and / or silver compounds, which controls over 650 different microbes as cited by the National Academy of Sciences.

The Axenohl(TM) and RMS agreements grant Innovative Medical Services specific marketing and licensing rights for Axenohl(TM) and the RMS silver ionization technology. NVID has received up-front licensing fees for both Axenohl(TM) and RMS, and will receive royalties on all Axenohl(TM) and RMS sales generated by Innovative Medical Services per previous press releases.

Axenohl(TM) is NVID's patent-pending, non-toxic aqueous disinfectant that poses no toxicity to humans or animals. Based upon proprietary ionization stabilization technology, Axenohl(TM) does not include the use of traditional disinfectants such as quaternary ammonium salts, phenols, glutaraldehyde glutaraldehyde /glu·ta·ral·de·hyde/ (gloo?tah-ral´de-hid) a disinfectant used in aqueous solution for sterilization of non-heat–resistant equipment; also used as a tissue fixative for light and electron microscopy. , chlorine or bromine bromine (brō`mēn, –mĭn) [Gr.,=stench], volatile, liquid chemical element; symbol Br; at. no. 35; at. wt. 79.904; m.p. –7.2°C;; b.p. 58.78°C;; sp. gr. of liquid 3.12 at 20°C;; density of vapor 7.  compounds. The technology enhances the disinfection properties of halogens (chlorine) at reduced levels and is positioned to be a cost effective, stand alone alternative to halogens in many markets where conventional disinfection methodologies are being employed. The disinfection efficacy of Axenohl(TM) has been well documented by independent testing laboratories. Axenohl(TM) eliminates the following test organism strains all within one minute and 99.9999% efficacy (complete kill): Pseudomonas aeruginosa ATCC ATCC American Type Culture Collection, see there  15422, Staphylococcus aureus ATCC 6538, Salmonella cholerasuis ATCC 10708, E. Coli ATCC 0157:H7, Listeria monocytogenes ATCC 11543, Entrococcus facium ATCC 11543, Rhinovirus rhinovirus

Any of a group of picornaviruses capable of causing common colds in humans. The virus is thought to be transmitted to the upper respiratory tract by airborne droplets.
 (common colds) Rotavirus, (infectious diarrhea). The Axenohl(TM) International Patent Application was published by the World Intellectual Property Organization on April 22, 1999 under publication Number WO 99/18790 and is available for public inspection.

A multi-year licensing arrangement for Axenohl(TM) is in place with Innovative Medical Services for the following markets:

1. Healthcare Market 2. Point-of-Use / Point-of-Entry Market 3. Food Processing Market 4. Dental Water Lines

Innovative Medical Services is committed to two world-class Axenohl(TM) research projects that include: The U.S. Department of Agriculture's (Agricultural Research Service / Athens, GA) has signed a Trust Fund Cooperative Agreement (Agreement No. 58-6612-0-203), and has committed research dollars for one year specifically to evaluate and identify Axenohl's efficacy and applications for food processing (poultry) disinfection issues. This research project fits the goals of the USDA USDA,
n.pr See United States Department of Agriculture.
, which is committed to evaluate disinfection technologies that promise to be more efficacious, cost-effective and environmentally friendly than traditional disinfectants.

Dr. Richard I. Karpay DDS (1) (Digital Data Storage) See DAT.

(2) (Data Dictionary System) See QuickBuild and OpenDDS.

(3) (Dataphone Digital S
, MPH and Chairman of the American Dental Association American Dental Association (ADA),
n.pr a nonprofit professional association whose membership is dental professionals in the United States. Its purpose is to assist its members in providing the highest professional and ethical care to the citizens of the
 ("ADA Ada, city, United States
Ada (ā`ə), city (1990 pop. 15,820), seat of Pontotoc co., S central Okla.; inc. 1904. It is a large cattle market and the center of a rich oil and ranch area.
") subcommittee on air and water lines will conduct approximately four months of research to evaluate the disinfection effectiveness of Axenohl(TM) for dental unit waterlines. The ADA recently has set new goals for dental waterlines, which state that acceptable biologic quality of the water should be less than 200 CFU/mL. The State of California has taken the lead and already adopted the less than 200 CFU/mL guideline established by the ADA. Both research projects are projected to commence in February 2000.

Additional research just completed in November by EPL 1. EPL - Early PL/I.
2. EPL - Experimental Programming Language.
3. EPL - Eden Programming Language. U Washington. Based on Concurrent Euclid and used with the Eden distributed OS. Influenced Emerald and Distributed Smalltalk.
 Bio-Analytical Services of Harristown, IL and Key Laboratory Services of Decatur, IL proves the disinfection efficacy of Axenohl(TM) against Vancomycin Resistant Enterococcus ("VRE VRE

vancomycin-resistant enterococcus.

VRE Vancomycin-resistent enterococcus, see there
"). VRE is an Enteroccocus organism that has become resistant to typical antibiotics frequently used in hospitals. VRE is usually spread by direct contact with hands, environmental surfaces or medical equipment that has been contaminated. Axenohl(TM) was 99.9999 effective against VRE within one minute at the low level of 1.18 ppm. The results of this research have been submitted to 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.
 as part of a broader submittal package that seeks FDA compliance on 14 products for both human and veterinary usage.

In addition, EPL Bio-Analytical has submitted the Axenohl(TM) research data package for EPA EPA eicosapentaenoic acid.

EPA
abbr.
eicosapentaenoic acid


EPA,
n.pr See acid, eicosapentaenoic.

EPA,
n.
 registration purposes within the last sixty days. NVID is optimistic that an EPA registration number for Axenohl(TM) will be granted within the second quarter of 2000, if not sooner.

The RMS ionization system is a non-halogen (chlorine) disinfection system that effectively treats large volumes of water with ionic silver. Designed to be a cost effective alternative to the use of halogens for water disinfection in either single pass or re-circulating systems, RMS technology delivers ionic silver using proprietary assayed electrodes. The ions are metered into the process water by dosing pumps based upon flow rates to ensure a precise dosage of ions. Generation of the ion concentrate is produced off-line by the RMS without utilizing the process water, enabling the equipment to produce ions more effectively and efficiently than conventional ionization systems. NVID was granted approval by the Director General of Environmental Health for residential and commercial drinking water disinfection in Mexico in December of 1998. An RMS system was installed in Punta Mita, Mexico for disinfecting municipal drinking water in October of 1999, in which NVID has been working with one of the largest company's in Mexico City on this installation to evaluate the technology for future projects.

About Innovative Medical Services

Innovative Medical Services, based in El Cajon, California, manufactures and markets water purification, measuring, and dispensing equipment used in pharmacies to reconstitute oral antibiotic suspensions, and residential drinking water filtration systems used in consumer markets. The Company's customer base for its Fillmaster(R) pharmacy systems includes Wal-Mart, Walgreen's, American Stores, Eckerd, Kroger, Fred Meyer, Target and CVS (1) (Concurrent Versions System) A version control system for Unix that was initially developed as a series of shell scripts in the mid-1980s. CVS maintains the changes between one source code version and another and stores all the changes in one file. . The Company's Nutripure(R) line of residential water systems includes a residential reverse osmosis water system available as either a convenient, compact unit easily installed beneath the sink, or as an attractive countertop appliance requiring no installation. Brand recognition for the Nutripure products is driven by the new Nutripure 2000 countertop water filtration system. Nutripure 2000 competes with PUR(R), Brita(R) and Culligan(R) products. The Company's products can be purchased online form IMS' Yahoo(R) Store at stores.yahoo.com/nutripure or from its web site at www.imspure.com.

About NVID International

NVID International, Inc. based in Clearwater, Florida manufactures and markets patent and patent-pending, proprietary ionization disinfection technologies that substantially reduce or replace traditional disinfectants such as chlorine, quaternary ammonium salts, phenols and glutaradehyde. Axenohl(TM) is NVID's non-toxic disinfectant that is based upon ionization stabilization technology that poses no toxicity to humans or mammals. Target markets include: hospital water systems, POU POU Point Of Use
POU Program Organization Unit
POU Poughkeepsie, NY, USA - Dutchess County (Airport Code)
POU Pay Own Utilities (used in housing advertisements)
POU Petrick Outsourcing Unlimited, Inc.
 / POE commercial, municipal, and residential drinking water, FDA compliant consumer products for human and veterinary usage, pools and spas, cisterns / wells, horticulture, and food processing applications.

Except for historical information contained herein, the matters discussed in this news release are forward-looking statements with respect to the future activities of the Company. These forward-looking statements by their vary nature involve risks and uncertainties and represent the Company's judgement as of the date of this release. NVID International, Inc. and Aqua Bio Technologies, Inc. can be reached at:
COPYRIGHT 2000 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, 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
Geographic Code:1USA
Date:Jan 14, 2000
Words:1153
Previous Article:Intracel Corporation Extends Exchange Offer.
Next Article:StorageNetworks, Inc. Triples Data Storage Services Capacity in Chicago.
Topics:



Related Articles
What's the buzz?
NVID Announces Healthcare Licensing Agreement For Patented Ionization System.
Innovative Medical Services Expands Axenohl Agreement with NVID International, Inc. and ETI-H2O.
Innovative Medical Services Acquires ETI-H2O; Purchase Secures Worldwide Manufacturing Rights to Axenohl.
Innovative Medical Services Announces Results of Municipal Water Treatment Axenohl Study; Axenohl Found to Be Effective, Safe and Cost-Efficient.
Patent Awarded for Axenohl; Milestone Accelerates Marketing and Distribution.
Innovative Medical Services Makes Presentation to NVID Shareholders Company to Release IMS/ETI-H2O Manufacturing, Licensing and Distribution...
Innovative Medical Services Settles Dispute With NVID International; Settlement Includes IMS Acquisition of Axenohl Patent.
NVID International Settles Litigation On U.S. Patented Silver Ion Disinfection Technology.
Innovative Medical Services Announces First Quarter Financial Results; Revenues Nearly Triple in Past Year.

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