Luis, According to todays press release it looks like CAPR will have to step up production. We are slowly adding to the revenue stream.. Still hanging in there!!!
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Tuesday November 3, 7:00 am Eastern Time
Company Press Release
Caprius Receives Three Letters of
Intent For Joint Ventures Utilizing
Its Aurora System
WILMINGTON, Mass.--(BUSINESS WIRE)--Nov. 3, 1998--Caprius, Inc. (Nasdaq: CAPR -
news) announced today that it has received three letters of intent for joint ventures utilizing its
Aurora(R) MRI breast imaging system. These anticipated joint venture partners of Caprius are
located in New York City, Columbus, Ohio and Knoxville, Tennessee. The arrangements with
these center are expected to be similar to those currently in operation at Englewood Hospital and
Medical Center, Magee Women's Hospital and others.
Jack Nelson, Chairman & CEO stated: ''With the successful openings of our other joint ventures,
we expect that momentum will continue to grow for additional placements of our Aurora system.
These letters underscore the growing interest, commercially and clinically, in breast MRI. We are
confident that these centers and others with whom discussion are ongoing will find the Aurora an
invaluable tool in the detection and treatment of breast disease.''
Caprius, Inc. is dedicated to the development and commercialization of the Aurora system, a
breast imaging system based on magnetic resonance imaging (MRI). The Aurora is the only
FDA-cleared, MRI-based dedicated breast imaging system in the United States.
Safe Harbor Statement:
The statements made in this press release that are not historical fact are ''forward-looking
statements'' which are based upon current expectations that include a number of risks and
uncertainties. Factors that could cause actual results to differ materially from the forward-looking
statements include execution of definitive agreements, meeting ordinary and customary closing
conditions, delays in product development, lack of market acceptance of technology,
technological innovations of competitors and changes in health care regulations, including
reimbursement programs.
Contact:
Caprius Inc.
Beverly Tkaczenko, 800/476-0569 |
