RespCare Introduces the Revolutionary Hybrid(TM) Sleep Therapy Device.COCONUT CREEK, Fla. -- RespCare, Inc. announced today that it has launched its revolutionary Hybrid(TM) Universal CPAP CPAP abbr. continuous positive airway pressure Continuous positive airway pressure (CPAP) A ventilation device that blows a gentle stream of air into the nose during sleep to keep the airway open. interface. The Hybrid(TM) interface has a unique combination of nasal pillows with an oral interface and is expected to become the interface of choice for the majority of obstructive sleep apnea Obstructive sleep apnea (OSA) A potentially life-threatening condition characterized by episodes of breathing cessation during sleep alternating with snoring or disordered breathing. (OSA 1. OSA - Open Scripting Architecture. 2. OSA - Open System Architecture. ) patients. The company has signed an exclusive global distribution agreement with the medical division of a Fortune 1000 company. RespCare expects revenues in the excess of $100 million over a five year period from the sale of this product. The company has filed over 10 patents globally related to this product. The company also states that there is a large and growing market for the new device for non-invasive ventilation (NIV) in critical care and long term care environments. Continuous Positive Airway Pressure continuous positive airway pressure n. Abbr. CPAP A technique of respiratory therapy for individuals breathing with or without mechanical assistance in which airway pressure is maintained above atmospheric pressure throughout the (CPAP) therapy is used to treat sleep-disordered breathing (SDB), which is estimated to affect approximately 20 million Americans. The global market for CPAP interfaces exceeded $500 million in 2005 and is growing at 20 - 25% a year. Other companies in this space include ResMed Inc. (NYSE NYSE See: New York Stock Exchange :RMD See Required minimum distribution. ), Respironics, Inc. (Nasdaq:RESP RESP Response RESP Registered Education Savings Plan (Canada) Resp Responsibility Resp Respektive (Sweden: respectively) Resp Respiration RESP Respironics, Inc. ), Fisher & Paykel Healthcare (NZSX: FPH, ASX ASX See: Australian Stock Exchange : FPH) and Tyco Healthcare, a major business segment of Tyco International Ltd (NYSE:TYC). Titration studies performed at Boca Raton Sleep Center in Boca Raton, FL have confirmed that this therapy will be an excellent interface of choice for sleep lab technicians and respiratory therapists. "Being involved in the trial of a new interface was exciting for us, but the hybrid brings a new meaning to Full Face Interface options. Oral leaks are one of the most difficult side effects one can encounter during a therapeutic sleep study (as reported by many technologists) but an ongoing problem on follow up visits in the clinic for the life span of the patient. Humidification Humidification The process of increasing the water-vapor content (humidity) of a gas. This process and its reverse operation, dehumidification, are important steps in air conditioning for human comfort and in many industrial operations. has been helpful in part battling this problem but not the complete picture", said Dr. Natalio J. Chediak, who is associated with Boca Raton Sleep Center. "RespCare's new family line of Full Face masks has brought back the meaning of comfort and versatility in a universal interface. Our technologists and patients found fitting the Hybrid(TM) to be a simple task and with the different nasal insert and oral cushion sizes, this mask is versatile in its application and for use at home," Dr. Chediak added. He went on to say, "Additionally, the Hybrid(TM) brings a totally new mask, with un-obstructive view so patients can read before bedtime and eliminate any of the fore-head or bridge of the nose abrasions that one sees with traditional Full Face masks. The quick trap release and hose disconnect are standard as with other FFM interfaces. In summary, the Hybrid(TM) is like a 'breath of fresh air' to the meaning of FFM options." About RespCare, Inc. RespCare, Inc., headquartered in Coconut Creek, Fl is 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 Mergenet Solutions, Inc and is engaged in developing, commercializing, manufacturing and marketing products to treat obstructive sleep apnea (OSA) and other respiratory disorders. Its sister company, InnoMed Technologies, Inc. developed and launched the revolutionary Nasal-Aire CPAP interface in 2002 that captured 10% market share within 2 years and continues to be a widely accepted CPAP interface in the worldwide OSA and non-invasive ventilation (NIV) markets. More information on the Hybrid(TM) interface can be found at www.hybridmask.com |
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