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Diabetes Pre-Screening Vibration |
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PRNewswire/First Call
Aug 25, 2008
SUN VALLEY, Calif., -- XTend Medical Corporation (Pink Sheets:
XMDC), a company that delivers cutting-edge telemedicine
solutions to the healthcare industry, has secured the exclusive
global distribution rights to DDI's Vibration Device for
Pre-Screening of Diabetic Neuropathy. |
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The company released the
following statement: "XTend Medical is pleased to
announce that we have secured the global distribution rights to
DDI's patented
vibration technology device, now in its fourth generation. Once
the FDA has
cleared the device for sale, we will immediately begin marketing
the product
to our managed care companies and the various physicians and
patients here in
the U.S. We're also in negotiations to market the product in
South Korea and
Europe based on their separate criteria needs for final
approval. Once these
are received, then we'll target these markets heavily. Although
the device
can pre-screen people that may have diabetic neuropathy, the
first signs that
diabetes may be present, it also assists the current diabetic
patient with
monitoring their neuropathy levels so their disease is managed
correctly. We
anticipate this device to bring in additional sales upwards of
$5 million per
year in the U.S. and possibly three times that amount globally,"
stated Mr.
Paul D. Lisenby, CEO of XTend Medical.
For any healthcare agency or physician group that would like to
find out
more about how XTend can assist in your management of diabetic
patients,
please visit the company website at http://www.xtendmedical.com
or email us at
info@xtendmedical.com
About XTend Medical: XTend Medical Corporation markets and sells
healthcare and wellness products to hospitals, managed care
companies, nursing
homes, physician groups and individual patients. XTend has
developed a
complete Remote Diabetic Patient Monitoring System that is
currently being
used by physicians and other healthcare agencies throughout the
U.S. Through
their alliances, XTend offers pharmacy services, diabetic
supplies, and
telemedicine products that increase patient care yet reduce
costs associated
with servicing those patients. For more information, please
visit their
website at http://www.xtendmedical.com
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