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Biotech / Medical : MTEN - expected 1000% revenue increase in 97
MTEN 2.220-18.4%Nov 6 3:59 PM EST

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To: Syd Deem who wrote (2)11/7/1996 5:12:00 PM
From: Cavior Organization   of 279
 
Shares authorized: 9 million
Shares issued: 12.5 million
Public float: 3 million

Lancaster, PA based Medical Technology & Innovations manufactures a camera system trademarked as MTI PhotoScreener to screen the vision of children 6 months to 5 years to identify amblyopia ("lazy eye"), which affects one in twenty U.S. children. This unique medical device was developed with Polaroid, which supplies the photographic element and special instant film.

Some 1500 units have been sold worldwide, with exports about one third of sales. The market potential is estimated at tens of thousands.

In August, MTEN acquired Steridyne, a private Florida-based manufacturer of thermometers and other home healthcare and nursing home products.

For a portrait of the company and its prospects, read the September 23 issue of "Shaking the Money Tree" by Bob Metz, in the archives at www.talks.com.
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