Xcorporeal to Present at The UBS 2007 Global Life Sciences Conference in New York City on September 25th.LOS ANGELES -- Xcorporeal, Inc. today announced that it will be presenting at The UBS 2007 Global Life Sciences Conference in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. on Tuesday, September 25th, 2007 at 8:00 AM Eastern Time. Winson W. Tang, MD, FACP FACP Fellow of the American College of Physicians. FACP abbr. 1. Fellow of the American College of Physicians 2. Fellow of the American College of Prosthodontists , Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of the Company, will be presenting. The conference will be held at The Grand Hyatt New York at Park Avenue and Grand Central, New York City. The Company's audio portion of its presentation will also be webcast live and archived for future reference at the UBS Investment Bank website www.ibb.ubs.com. About Xcorporeal, Inc. Xcorporeal is a medical device company developing an innovative platform of products that may potentially be used in devices which replace the function of various human organs. The platform leads to four initial products; devices for home and hospital renal replacement therapy Renal replacement therapy is a term used to encompass life-supporting treatments for renal failure. It includes:
ul·tra·fil·tra·tion n. treatments of patients with congestive heart failure congestive heart failure, inability of the heart to expel sufficient blood to keep pace with the metabolic demands of the body. In the healthy individual the heart can tolerate large increases of workload for a considerable length of time. (CHF). These devices will provide patients with improved, efficient and cost effective therapy. The WAK is a revolutionary device intending to enable patients with end-stage renal disease End-stage renal disease (ESRD) Total kidney failure; chronic kidney failure is diagnosed as ESRD when kidney function falls to 5-10% of capacity. Mentioned in: Chronic Kidney Failure end-stage renal disease to achieve a quality of life closer to that of healthy individuals. A prototype of the ultrafiltration device and the WAK have been successfully tested in human subjects. The RRT markets represent multibillion dollar opportunities for Xcorporeal. On August 10, 2007, Xcorporeal announced a definitive merger agreement with CT Holdings Enterprises, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CTHE), pursuant to which Xcorporeal will emerge as the surviving entity. Forward-Looking Statements Except for statements of historical fact, the matters discussed in this press release are forward looking and 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. These forward-looking statements reflect numerous assumptions and involve a variety of risks and uncertainties, many of which are beyond the company's control that may cause actual results to differ materially from stated expectations. These risk factors include, among others, limited operating history, difficulty in developing, exploiting and protecting proprietary technologies, intense competition and substantial regulation in the medical device industry; and additional risks factors as discussed in the reports filed by the company with the Securities and Exchange Commission, which are available on its website at http://www.sec.gov. Investors are urged to read the joint information statement/prospectus for the merger filed with the Commission because they contain important information Investors can get the documents for free at the Commission's web site. They also are available free from Investor Relations, CT Holdings Enterprises, Inc., 2100 McKinney Avenue, Suite 1500, Dallas, TX 75201, (214) 750-2454, or Investor Relations, Xcorporeal, Inc., 11150 Santa Monica Blvd., Suite 340, Los Angeles, CA 90025, (310) 424-5668. |
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