Chromatics Color Sciences International. Inc; CCSI Message Board

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Biotech / Medical : Chromatics Color Sciences International. Inc; CCSI

CCSI 28.71

-2.4%

Nov 4 3:59 PM EST

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To: max who wrote (1668)	4/4/1998 1:20:00 PM
From: JanyBlueEyes	of 5736

Manufacturing From the Annual Report (10K) Filed on March 30,1998 ...One element of the Company's business strategy is to outsource the production of the components and final assembly of the Colormate(TM) Bilirubin Device (including the associated disposable calibration standard components) by subcontracting under arrangements with third-party manufacturers. The Company is presently negotiating with certain third-party manufacturers for the production of the light sensors, disposable calibration standard components and hardware components of the Colormate(TM) Bilirubin Device. The Company believes, although there can be no assurance, that it will be able to outsource the production and assembly of additional Colormate(TM) units, including for custom application use, such as monitoring for bilirubin infant jaundice, at commercially marketable prices. The Company has limited experience in outsourcing the production of such products in the volumes that would be necessary for the Company to achieve significant commercial sales, but demonstrated its ability to do so when it arranged for mass manufacturing of its Colormate(TM) units for Avon. The Company believes, based on discussions with suppliers of components used in its Colormate(TM) Bilirubin Device and published price lists, that the components can be purchased in quantities of 1,000 or more on terms acceptable to the Company. The Company believes that its relations with the parts manufacturers and assemblers of the Colormate(TM) units held in its inventory are good and the Company believes that it will be able to obtain any necessary parts manufacturers or assemblers on terms acceptable to the Company. The Company intends initially to retain the services of one medical device manufacturer in order to subcontract production of the Colormate(TM) Bilirubin Device......

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