National Health and Safety Corporation (OTC BB:NHLT) Message Board

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Non-Tech : National Health and Safety Corporation (OTC BB:NHLT)

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To: Milk who wrote ()	12/14/1998 8:48:00 AM
From: Big Bamboo	Read Replies (1) of 409

Exclusive marketing rights for Ultrasound Scanner. National Health & Safety has the exclusive marketing rights for the scanner technology by LongPort Tech (LPTI). I was at the shareholders meeting for LongPort on Friday 12/11. This company is made-up of scientist and physicians from the US and Europe. These people are on a mission to make this device available to everyone in the world. There is a huge list of applications for this device from skin cancer detection to bed and pressure sores, sports medicine, vetrinary sciences. The company has been issued coverage with a buy rating. Analysts are projecting revenues of around $70 Million in the first year. FDA approval is highly expected in about 90 days. The kicker is if any hospital or company wants to buy the unit they have to buy/rent/lease it through National Health & Safety. NHLT has a network of over 3300 hospitals and estimates are that there are about 8 departments in a hospital that would use the device. This will create huge revenues for both companies. NHLT already has over 50 hospitals with orders and the marketing has not even really begun.

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