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Microcap & Penny Stocks : BIKO: BICO

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To: REH who started this subject10/4/2001 8:25:58 AM
From: REH  Read Replies (1) of 28
 
Biocontrol Receives Contract to Work on RobotEyes Project
INDIANA, Pa., Oct. 4 /PRNewswire/ -- Biocontrol Technology, Inc., a division of Pittsburgh-based BICO, Inc. (OTC Bulletin Board: BIKO), has received a one-year $238,000 contract from Spatial Integrated Systems, Inc. (SIS) to develop hardware for a project currently being funded by the U.S. Navy intended to help individuals with paralysis and partial paralysis to control body movements. SIS is located in Rockville, MD. "We will use our knowledge and experience of implantable devices and hardware development in helping SIS refine their RobotEyes(TM) technology for this very important application," said Biocontrol Technology President David McMurry.

Biocontrol and SIS hope to demonstrate that with the RobotEyes technology it is possible for a person with high-level spinal cord injuries to regain control of arm movements. To accomplish this, Biocontrol and SIS will utilize a robot arm to simulate a human arm in a traditional workspace. SIS's RobotEyes technology will be used to identify objects and obtain precise location information of the robot arm. As the project moves forward, the robot arm manipulator will be programmed to move through predetermined paths in progressively realistic environments. In subsequent phases of development, the RobotEyes technology will possibly be applied to regain control of paralyzed legs also.

SIS's RobotEyes is revolutionizing the field of three-dimensional imaging. The field of virtual reality is being transformed into "natural" reality -- which provides realistic, highly accurate, three-dimensional views of any space or object. RobotEyes utilizes optical, digital video processing and artificial intelligence technologies to mimic the human vision system in an innovative approach that provides an accurate, realistic visual display of the surrounding environment.

After success in this initial phase of development, the Cleveland FES Center at Case Western Reserve University will be enlisted to combine functional electric stimulation in humans with the techniques developed in the mechanical robot arm. RobotEyes will ideally provide the programming and directions to an implanted FES. The FES Center and Biocontrol Technology have collaborated for many years in the development and production of implantable functional electric stimulators.

Biocontrol Technology has operations in Indiana, PA and conducts research, development and manufacturing of medical devices and provides development and manufacturing for other companies. Located in Pittsburgh, PA, BICO is involved in the development and manufacture of biomedical devices and environmental products.

FOR FURTHER INFORMATION, CONTACT:
Investors Media
Diane McQuaide Susan Taylor
1.412.429.0673 phone 1.412.429.0673 phone
1.412.279.9690 fax 1.412.279.5041 fax

INVESTOR RELATIONS NEWSLINE NUMBER: 1.800.357.6204

www.bico.com
www.biocontrol-tech.com

This press release contains statements of a forward looking nature. Shareholders and potential investors are cautioned that such statements are predictions and actual events or results may vary significantly.

MAKE YOUR OPINION COUNT - Click Here tbutton.prnewswire.com

SOURCE BICO, Incorporated

/CONTACT: Investors: Diane McQuaide, +1-412-429-0673, or fax,
+1-412-279-9690, or Media: Susan Taylor, +1-412-429-0673, or fax,
+1-412-279-5041, both of BICO/

/Web site: biocontrol-tech.com /

/Web site: bico.com /
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