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INCOMED CORP. SUBSIDIARY FEMTEK INC. SIGNS EXCLUSIVE LICENSING AGREEMENT FOR ASIA

    SAN DIEGO, Aug. 13 /PRNewswire/ -- Femtek Inc. (Femtek) a wholly owned subsidiary of InCoMed Corp. (NASDAQ: INCM) (InCoMed) announced today that it has signed an exclusive non-transferable five-year licensing agreement with Hung Hui Technology (HHT), a California corporation, its affiliates and/or designees, to develop, use, make, have made, market and sell throughout all Asian countries, Femtek's Rabbit I, Rabbit II and Rabbit III, women's ovulation detection devices.
    HHT, through its manufacturing and distribution system, operates manufacturing plants throughout Asia, including manufacturing facilities in Mainland China, Taiwan and Japan.  The company is currently distributing products throughout the vast market of Mainland China, Taiwan, Japan and The Pacific Rim and intends to market the Rabbit devices aggressively in these areas.  The agreement with Femtek calls for a schedule of annual sales requirements which must be met in order to maintain HHT's exclusivity in the Asian Markets.  If all of these sales requirements are met, Femtek shall have the right to grant HHT an option for exclusivity for an additional five years.
    The Rabbit I is a device which is used to measure a woman's Basal Body Temperature ("BBT") and display it graphically.  The Rabbit II measures both the BBT and Biopotential (Ionic current "IC") showing both results in a graphic display.  The Rabbit III is used to measure both BBT and IC, displaying the results by the illumination of either a red lamp indicating the woman is ovulating or a green lamp indicating the woman is not ovulating.
    InCoMed Corp., through its subsidiaries, operates two primary businesses:  the marketing of medical products for infection control and woman's health, fertility and conception products; and the transportation of containerized cargo from South Florida to the Caribbean.
    -0-             08/13/93
    CONTACT:  Allen Stout of InCoMed, 619-695-9555
    (INCM) CO:  INCOMED CORP. IN:  MTC MAR SU:  JVN ST:  CA


-- SD002 -- X657 08/13/93
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Publication:PR Newswire
Date:Aug 13, 1993
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