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WILSHIRE TECHNOLOGIES INC. ANNOUNCES EXCLUSIVE LICENSE AGREEMENT WITH U.K.-BASED INNOVATIVE TECHNOLOGIES

 Will Market Advanced `Intelligent' Polyurethane Film
 in Hydroderm(TM) Wound Care Product Line
 CARLSBAD, Calif., June 17 /PRNewswire/ -- Wilshire Medical Products, a division of Wilshire Technologies Inc. (AMEX: WIL), today announced that the company has signed an exclusive license agreement that includes marketing and R&D rights with the U.K.-based Innovative Technologies (IT). The base technology is centered on IT's proprietary hydrophilic polyurethane polymer.
 Marketed under the name HydroDerm Breathable Transparent Dressings, the product will be the first in the marketplace to offer the benefits of a variable response to wound exudate and transparency. Both patient and health care provider will benefit from the healing advantages of proper exudate control and the cost containment assistance that results from fewer dressing changes.
 John Keener, president of Wilshire Medical Products (WMP), stated, "The new polymer film represents the next step in the evolution of high- tech wound dressings."
 HydroDerm Breathable Transparent Dressings are indicated for use in the management of partial thickness wounds, pressure sores, donor sites and superficial burns.
 Wilshire Technologies develops, manufactures and markets disposable products for medical and clean room use. It has focused on proprietary products that incorporate its engineered materials, acquired polyurethane and other technologies, and its expertise in materials fabrication.
 -0- 6/17/93
 /CONTACT: Michael W. Crow, chairman and CEO, or Peter F. Kuebler, VP and CFO, of Wilshire Technologies, 619-929-7200; or John Keener, president of WMP, 214-869-1727/
 (WIL)


CO: Wilshire Technologies Inc.; Wilshire Medical Products;
 Innovative Technologies ST: California IN: MTC SU: LIC


MF-LS -- SD001 -- 2948 06/17/93 09:31 EDT
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Publication:PR Newswire
Date:Jun 17, 1993
Words:260
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