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EX-99.2 - Impact Medical Solutions, Inc. | v205884_ex99-2.htm |
8-K - Impact Medical Solutions, Inc. | v205884_8k.htm |
Health
Canada approves iTech Medical’s
Muscle
Pattern Recognition (MPR) System
Keywords:
Health Canada approval, healthcare, biomedical, wellness, back pain, neck pain,
neurology, medical device, clinical studies, financing,
commercialization
HUNTINGTON
BEACH, Calif., December 13, 2010 – iTech Medical, Inc.
(OTCBB:IMSU - News) (FWB:0IM - News), a medical
information technology company, announced today that it has received Health
Canada approval for the Company’s Muscle Pattern Recognition (MPR) System, a
non-invasive clinical assessment tool being developed to assist in the diagnosis
and treatment of back and neck pain, one of the most common chronic conditions
in Canada.
“The
approval of the MPR System by Health Canada is a significant achievement for
iTech Medical and represents another major step towards the global
commercialization of the device,” stated Wayne Cockburn, President & CEO at
iTech Medical. “Diagnosing and treating neck and back pain is one of
the most expensive healthcare problems in Canada. It is estimated
that 30% to 40% of all workplace absences are due to this
condition. The cause of neck and back pain is not always apparent and
in fact, in approximately 85% to 90% of individuals with neck and back pain, no
specific cause can be identified. We believe our MPR System can play
an important role in helping to identify the source of these problems and
provide the healthcare system a new tool to not only assist in the diagnosis and
treatment of the underlying conditions, but to help reduce related medical costs
and improve patient outcomes.”
“We
believe that patients, physicians and insurance providers stand to benefit from
our Muscle Pattern Recognition (MPR) technology,” said Karl Wolcott, VP of Sales
and Marketing for iTech Medical. “We are in discussions with
potential strategic channel partners in Canada to evaluate the landscape and
begin aggressively marketing the MPR technology in Canada.”
About iTech Medical -
(OTCBB:IMSU -
News)
(FWB:0IM -
News)
iTech
Medical is engaged in the research and commercial development of healthcare
information systems and technologies. To date, the Company has focused on
developing a proprietary platform called Muscle Pattern Recognition (MPR), a
unique clinical tool for the analysis of muscle function. iTech Medical is ISO
13485:2003 certified for the production and sale of surface electromyography
(sEMG) diagnostic devices for clinical use.
iTech
Medical website: www.iTechMedical.com
For a
current corporate fact sheet, visit: http://premierstocks.tv/images/company_links/imsu.pdf
About
Health Canada
Health
Canada’s Medical Devices Bureau of the Therapeutic Products Directorate (TPD) is
the national authority that monitors and evaluates the safety, effectiveness and
quality of diagnostic and therapeutic medical devices in Canada. For
more information, visit: http://www.hc-sc.gc.ca/dhp-mps/md-im/activit/fs-fi/meddevfs_matmedfd-eng.php
Forward-Looking
and Cautionary Statements
This news
release contains forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995 as contained in Section 27A of the
Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934
that reflect management’s current views and estimates regarding future market
conditions, company performance and financial results, business prospects, new
strategies, the competitive environment and other events. You can identify these
statements by the fact that they use words such as “anticipate,” “believe,”
“estimate,” “expect,” “intend,” “project,” “plan,” “outlook,” and other words
and terms of similar meaning.
These
statements involve a number of risks and uncertainties that could cause actual
results to materially differ from the potential results discussed in the
forward-looking statements. Among the factors that could cause actual results
and outcomes to differ materially from those contained in such forward-looking
statements are the following: general economic conditions, acquisitions and
development of new businesses, divestitures, product availability, sales
volumes, pricing actions and promotional activities of our competitors, profit
margins, weather, changes in law or regulations, foreign currency fluctuation,
availability of suitable real estate locations, our ability to react to a
disaster recovery situation, and the impact of labor markets and new product
introductions on our overall profitability.
A further
list and description of these risks, uncertainties and other matters can be
found in the company’s annual report and other reports filed from time to time
with the Securities and Exchange Commission, including, but not limited to,
iTech Medical’s Annual Report on Form 10-K filed with the SEC on April 15,
2010. iTech Medical cautions that the foregoing list of important
factors is not complete and assumes no obligation to update any forward-looking
statements that it may make.
[Missing
Graphic Reference]Contact:
DM
Productions LLC
Dianemarie
Collins, Public Relations
Reno,
NV 775.825.1727
Phoenix,
AZ 623.825.9122
DM@DMProductionsLLC.com
iTech
Medical, Inc.
Wayne
Cockburn, CEO
Huntington
Beach, CA
714.841.2670
Montreal,
CDA
905.505.0770
Wayne.Cockburn@iTechMedical.com
#