COII JUNE 20, 1995 MISLEADING PR COII TO PROVIDE 6000 CHINA HOSPITALS, 200,000 REMOTE CLINICS WITH THERMAL IMAGING, FIRST UNIT SHIPS
But in reality, no units were ever sold to anyone in China
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Copyright 1995 PR Newswire Association, Inc.
PR Newswire
June 20, 1995, Tuesday
SECTION: Financial News
DISTRIBUTION: TO BUSINESS EDITOR
LENGTH: 302 words
HEADLINE: COMPUTERIZED THERMAL IMAGING APPOINTS AIR FORCE GENERAL MAJOR RICHARD SECORD TO HEAD CHINA PROJECT
BODY:
Air Force Major General Richard Secord, famed for his role in President Reagan's support of the Nicaraguan Contras, was named to head the giant China project announced last month by three of America's major enterprises.
Under agreement with the Peoples Republic of China, Computerized Thermal Imaging (OTC BULLETIN BOARD: COII) will provide thermal imaging and telemedicine capabilities in 6,000 selected hospitals and in an additional 200,000 remote clinics.
LAKE OSWEGO, Ore., June 20
The first CTI system was shipped today for installation in the Army Hospital in Beijing. The company is also pleased to announce that the first Health Cards have already been deployed in China.
Two of America's business behemoths will play major roles in the build-out:
* EDS Far East, subsidiary of Electronic Data Systems, which had 1994 revenues of about $10 billion and currently handles all computer processing for General Motors Corporation, Blue Cross, Blue Shield and Medicare.
* Fluor Daniel, Inc., the world's largest international engineering/construction firm with $13 billion in global projects in 1994, will manage the project.
In making the announcement of General Secord as a President and the Chief Operating Officer of Computerized Thermal Imaging, Inc., David Johnston, Chairman and CEO of CTI said, "A project of this enormous size and complexity, to bring the latest in medical-care technology to the citizens of the most populous nation in the world, will require the best efforts of an organizational genius. In Major General Secord, a former Deputy Assistant Secretary of Defense with responsibilities for Asia, we have found the right man for this awesome task."
CONTACT: Doug Holt, for Computerized Thermal Imaging, 800-695-6956 |
