News release
mpany: National Healthcare Manufacturing Corp.
Symbol: NHM
Exchange: VSE
Telephone: (604) 689-8581
Fax: (604) 689-8337
Toll Free: 1-800-883-8841
Website: nationalhealthcare.com
E-mail:
August 1, 1997
State of the Art Technology to Reduce Healthcare Costs
National Healthcare Manufacturing Corporation (NHMC), is pleased to announce the arrival and installation of its Third Generation
robotic technology in its manufacturing facility in Winnipeg, Manitoba. These robots which are designed to adapt to Form-Fill-Seal
packaging machines and to produce small kits and trays are capable of placing 84,000 components per hour vs. the manual labour
rate of 250 per person.
NHMC has also received the first unit of its Fourth Generation technology, a stand alone unit designed to package operating room
packs. These two generation of multi-component packaging units will place NHMC in the forefront of the multi-billion dollar medical
device packaging industry by eliminating 90 percent of labour involved in packaging procedure based kits and trays.
This unique technology has additional applications in industries such as food distribution and others. The Company will be pursuing
these opportunities in the near future.
NHMC believes introduction of this proprietary technology, engineered and developed by NHMC, will reduce procedure based
delivery costs to the healthcare providers who are facing unprecedented pressures to reduce healthcare costs while attempting to
maintain and/or even increase the quality of healthcare services they provide. These changes are creating tremendous
opportunities for companies such as NHMC that can provide quality, low cost products and/or services to this market on a timely
basis.
Arrival of these units will facilitate the production of NHMC's increased sale volume which is attributed to the recent FDA clearance
and alliance with a seasoned sales force in the United States.
NHMC will be hosting an open house shortly and will be extending an invitation to government dignitaries, media and selected
members of the financial and medical community to view the state-of-the-art technology in operation.
NHMC owns and operates the world's first and only automated robotic production facility capable of assembling and packaging
various trays and kits for medical and surgical procedures. Use of this proprietary technology enables NHMC to produce these
medical devices efficiently, cost effectively, quickly and accurately thus providing an edge over its competition which currently use
manual labour. NHMC, through its wholly-owned subsidiaries National Care Products Ltd. (NCP), and NHMC-US, manufactures and
distributes personal care and patented anti-Microbial products respectively, to healthcare and homecare institutions throughout
North America and Europe. NHMC also owns 50 percent interest in National Healthcare Logistics, a supply management company
with the state-of-the-art distribution logistics for integrated hospital groups.
Visit our Homepage at nationalhealthcare.com. or contact Alex Tsakumis at 1-800-883-8841.
On Behalf of the Board,
Seyed Torabian, P.Eng.
Executive Vice President & Director
c 1997 StockHouse Online Journal | Disclaimer |
