ADM Tronics and AllnetServices in Pact to Launch E-Commerce Internet Portal Site for Worldwide Therapeutic Medical Device Industry
Business Wire - December 08, 1998 12:58
NORTHVALE, N.J.--(BUSINESS WIRE)--Dec. 8, 1998--ADM
Tronics Unlimited Inc. (NASDAQ:ADMTC) and AllnetServices.com Corp. (OTC:AWEB) have entered into a strategic relationship to launch a new portal e-commerce internet service which will serve the growing worldwide interest in therapeutic medical devices and non-invasive therapies. The new site, deviceline.com, is slated to be the first-ever internet site for patients, physicians, medical professionals, researchers and device manufacturers to investigate, compare and purchase therapeutic medical devices and non-invasive modalities and services on-line. This e-commerce site is currently under construction and is capable of reaching millions of people worldwide, who are potential users of therapeutic medical devices.
Interest and demand for non-invasive medical therapies has grown recently as patients and physicians seek available alternatives for treating medical conditions. ADM Tronics and Allnet intend to develop deviceline.com into a one-stop resource for anyone interested in medical device therapies. "The combination of ADM Tronics' expertise in therapeutic medical device technology with our abilities in implementing a dynamic and interactive web service gives us a significant opportunity with deviceline.com. We are very excited about the impact this new service can make in e-commerce," stated Robert Aubel, President and CEO of Allnet, which has previously signed pacts with Barnes & Noble (NYSE:BKS), CDnow (NASDAQ:CDNW) and others.
ADM Tronics has focused its growth efforts on the therapeutic segment of the medical device industry. "We believe that this segment is poised for exponential growth as both physicians and patients seek alternatives to conventional treatments," stated Andre' DiMino, COO of ADM Tronics and developer of the deviceline.com concept. "The problem has been finding out about available technologies or where you could purchase them. This is where deviceline.com comes in."
Manufacturers and distributors of therapeutic medical devices will be signed on as affiliates for deviceline.com to provide detailed information and offer products for on-line sales.
ADM Tronics is a technology based developer and manufacturer of a diversified line of products categorized into three distinct market segments -- therapeutic, non-invasive electronic medical devices, environmentally safe chemical products and innovative topical dermatological products.
CONTACT: ADM Tronics Unlimited Inc., Northvale Andre' DiMino, 201/767-6040
E-mail: andre@admtronics.com
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Man, this is rich...
now we can buy "vibrators" anonymously on-line now(grin)
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