Austin Medical Technologies, Inc. Announces New 3rd QTR Sales of $1.1 Million over the Contracted Period
(Source: BusinessWire) 10/04/04 16:52
AUSTIN MEDICAL TECHNOLOGIES, Inc. (OTC: AMTK), announces adding new sales of $1.1 million over the contracted period. This represents our best quarter. Austin Medical will produce over 13,000 new surgical kits per year for just one new west cost eye center in San Diego.
Kurt Tarter, President & CEO, states, "We are excited to have continued growth. We like to win the large accounts that produce over 13 thousand surgical kits per year. This demonstrates to our competitors and industry we have a quality product with quality service which is superior."
About Austin Medical Technologies, Inc./eyeDirecti(TM) (Brand)
Austin Medical Technologies delivers "DIRECT" from the manufacturer to the Surgeon, the only technology based, "Single Source Supply Solution" for custom sterile surgery trays made up of 80% of all disposable surgical devices utilized in surgery. Currently the company has contracted with 200 eye surgery centers including the 2 largest eye surgery centers in the USA. The market for custom sterile surgery trays is a $2.1 Billion market here in the USA.
Austin Medical is dedicated exclusively to the Ambulatory Surgery Center (ASC) market. Ambulatory Surgery Centers (ASC), also called outpatient surgery, and same-day surgery, refers to surgical procedures which are complex enough to require a dedicated operating room and specially trained staff, but do not require an overnight stay. According to 1996 U.S. government statistics, ambulatory surgery centers account for 31 million or 44% of the total surgeries performed in the United States. Five million surgeries were performed on eyes. New surgical techniques such as laser surgery allow procedures to be done more quickly and/or with less surgical trauma.
Under the brand name eyeDirecti, Austin Medical is initially focused on Ophthalmology owned and operated surgery centers which is the fastest growing segment of the ASC market, growing by 25% per annum, consisting of 2,500 practices with 15,000 surgeons performing over 5 million surgical procedures annually at a supply cost of $400,000,000 per year. Austin Medical is positioned to capture $40,000,000 (10%) of this $400,000,000 market within the next 4 years. Visit our e-commerce site at www.eyedirecti.com
SOURCE: Austin Medical Technologies, Inc.
Austin Medical Technologies, Inc.
Keith Tarter, 972-370-0197
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