United American Healthcare Corporation (UAHC), a healthcare management company since 1985, provides contract manufacturing services to the medical device industry, following its June 2010 acquisition of Pulse Systems, LLC.
UAHC's Pulse Systems subsidiary has served the medical device industry since 1998. During this time, Pulse Systems has developed an expertise in laser-based metal fabrication services, supplying precision components for use in a wide range of medical specialties, including cardiology, neurology, orthopedics, gynecology, ophthalmology and urology.
Pulse Systems specializes in the following contract manufacturing services:
- Laser cutting is Pulse Systems' core competency and utilizes automated processing workstations which deliver precise amounts of laser energy to vaporize tubular metal materials such as stainless steel and Nitinol in the specific pattern required for the customer's part
Laser welding is the process of joining metal parts, such as thin-walled tubular components used in medical devices, in an inert atmosphere using infrared laser energy
Nitinol processing, or "shape-setting," is often used in the design of catheter-delivered implants. The process of shape-setting Nitinol components involves forming parts into a desired shape in a fixture which is then exposed to a precise transition temperature, causing the Nitinol material to retain the desired shape while maintaining flexibility in the spring-like material
Surface treatments provided by Pulse Systems offer a wide array of options to meet medical device manufacturers' specific design requirements:
- Electropolishing, a finishing process often recommended for permanently implantable medical devices, removes surface imperfections while creating a thin, uniform oxide layer that improves both biocompatibility and corrosion resistance
Passivation techniques are used to provide corrosion resistance for certain materials, especially stainless steel, and provide for the formation of a passive protective film
Grit-blasting achieves custom-roughened surfaces by blasting parts with a stream of pressurized air that carries fine particles of aluminum oxide grit
For more information on Pulse Systems, please see their website atwww.pulsesystems.com. SHARE STRUCTURE
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UAHC Ventures, LLC Partners with MGT Capital Investments, Inc. to Expand Bitcoin Mining Operations
- 303 East Wacker Drive
Chicago, IL 60601
CHICAGO, Aug. 23, 2017 (GLOBE NEWSWIRE) -- UAHC Ventures, LLC, a wholly-owned subsidiary of United American Healthcare Corporation (OTC:UAHC) (“UAHC Ventures”), has partnered with MGT Capital Investments, Inc. (OTC:MGTI) (“MGTI”) by providing a $2 million investment to MGTI, the proceeds of which will be utilized by MGTI to further expand and develop its Bitcoin mining operations.
In exchange for UAHC Ventures’ $2 million investment, MGTI has issued UAHC Ventures both a Secured Convertible Promissory Note and a warrant to purchase shares of MGTI’s common stock. Monthly redemption payments due under the financing begin three months following the close of the transaction, and may be made in cash or by converting redemption amounts into shares of MGTI’s common stock.
UAHC Ventures is a newly formed subsidiary of UAHC, created to pursue strategic-investment opportunities in promising growth industries, such as blockchain technologies and digital currency. Mining of Bitcoin and other digital currencies within the digital currency space has experienced immense momentum and growth.
“Today we see Bitcoin and related-mining activities as a promising and fast-growing segment of the digital currency sector. Accordingly, we’ve identified MGT Capital Investments, Inc. as a leader in Bitcoin mining that is uniquely poised to capture market value as it expands its mining operations. As our commitment to making strategic investments through UAHC Ventures continues, we will further explore potential value-adding opportunities in the digital currency space, as they present themselves,” said John Fife, CEO of UAHC Ventures, LLC