Just saw this come out.
Wellstar Announces Receipt of New Camera Prototypes
5:00a ET July 21, 2010 (Business Wire)
Wellstar (OTCBB:WLSI) through its wholly owned subsidiary Trillennium Medical Imaging (TMI) announces the Delivery of 2 Prototypes of the TMI Clinical Camera Design.
As earlier announced TMI has contracted for a new camera to be developed under their specific design for clinical use. The manufacturer has delivered the first prototypes for approval.
John Antonio, President and CEO of TMI stated, "The prototypes delivered are everything that we wanted and production should be completed in the month of October as planned.
-- Determines if a specific anatomic location has patterns of injury associated with the development of a pressure ulcer.
-- Provides the nursing staff and physicians with an immediate bedside analysis so that best practices can be implemented to prevent further skin damage and pressure ulcers.
-- Provides documentation to the administration that includes data interpretation of the image, time the image was acquired, and a full report analysis that can be attached to the patients' permanent record.
-- Lowers the cost per unit by more than 40% to the company, thus giving the company a quicker path to profitability.
-- Make the system affordable to most users.
"This will be a valuable tool in assessing patients that are admitted to a facility, daily skin assessments, and documenting patient condition upon discharge. This will provide patients with the highest level of care, while documenting every aspect of the process for the facility."
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operation results.
Website is www.wellstar.us
