CORPUS CHRISTI, Texas, Oct. 10 CSMGTechnologies, Inc., (OTC Bulletin Board: CTGI), a technology managementcompany, announced the company has received approval of its fifth U.S. patent.The approval is on a key divisional application for "Bonding of SoftBiological Tissues by Passing High Frequency Electric Current Therethrough"for CSMG Technologies subsidiary Live Tissue Connects ("LTC") platform tissuebonding/welding technology. The patent approval follows the issuance of fourother U.S. patents, a European Union patent, in eight European countries,Ukraine, Canada and Australia with 14 U.S. and international patents pending.
Donald S. Robbins, President and CEO of CSMG Technologies, said, "This keyU.S. patent approval re-enforces our patent portfolio and expands LTC'scommercial possibilities while increasing our shareholder value. Our strongpatent portfolio, and a disruptive technology as well as ISO 13485:2003certification for the design and manufacture of Bipolar Forceps Systems,recent US FDA 510(k) clearance and European Union C. E. Mark certification onLTC's VAD.400 electrosurgery generator and two instruments puts us in anexcellent position of competing in global medical device markets."
"Our LTC team has presented comparative results at conferences with theLTC bipolar sealing system and shown that LTC's bipolar sealing system hasbroad applications. Additionally, in preparation for launching LTC'scommercial product I early 2009, LTC has begun building inventory for bothLTC's electro surgery generator and hand instrument for duct and vesselsealing, and are in discussions with interested international medical devicecompanies and distributors," Mr. Robbins added.
About Live Tissue Connect
LTC's surgical tissue bonding / welding device is a patented platformtechnology that bonds and reconnects human soft tissue through fusion, incontrast with conventional wound closing devices such as sutures, staples,sealant, or glues. LTC currently holds a total of approximately 31 patents andpending patents in the U.S., Australia, Canada, European Union, Ukraine andother countries.
For further information on Live Tissue Connect, please visit the LTCwebsite at http://www.livetissueconnect.com.
For further information on CSMG Technologies and its various subsidiaries,please visit our website at http://www.csmgtechinternational.com.
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SOURCE CSMG Technologies, Inc.