CDIK - Press ReleaseSource: Coronado Industries Inc.
Coronado Industries Sets European Meetings
Tuesday June 3, 1:59 pm ET
FOUNTAIN HILLS, Ariz.--(BUSINESS WIRE)--June 3, 2003--Coronado Industries Inc. (OTC BB: CDIK), a manufacturer of proprietary pneumatic devices for the treatment of glaucoma, announced today that its chief executive officer, G. Richard Smith, will be traveling to Europe on Thursday, June 5. Smith will be attending pre-arranged meetings with both interested parties for the distribution of our patented "PNT" device and with key European personnel with the ability to significantly advance our further efforts of distribution.
These meetings have been pre-arranged by our newly appointed Director of Operations John W. Sharkey, Ph.D.
"The speed that this man pulls things together in is incredible," stated Gary Smith, president of Coronado Industries, "but that is exactly why we were so excited about his coming on board with our company."
"I am extremely encouraged by the meetings that I will be attending and feel that the outcome of these meetings will have a very positive effect on the future of this company. There is no doubt in my mind that Dr. Sharkey has put us on the fast track to success and that the train is about to leave the station," said G. Richard Smith.
Coronado Industries, through its wholly owned subsidiary Ophthalmic International, focuses on the development and testing of a patented procedure, Pneumatic Trabeculoplasty (PNT(TM)), a non-invasive, highly effective, and low-cost alternative to traditional treatments.
PNT, a two-minute non-invasive procedure, is currently being evaluated as a cost-effective alternative for the treatment of the most common types of glaucoma: open angle and pigmentary. During PNT, a suction device is applied to the eye for two minutes with the intention of reducing intraocular pressure.
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