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Gold/Mining/Energy : PYNG Technologies -- Ignore unavailable to you. Want to Upgrade?

To: HotShot1 who wrote (4087)	7/3/1999 1:26:00 PM
From: Bernard Elbaum	Read Replies (1) \| Respond to of 8117

Pyng indicated they were in contact with AMR/Laidlaw, the biggest EMS provider (RM is 2nd). An employee pof AMR/Laidlaw posted that the firm was hurting financially, and not eager to assume the cost of trials.

To: HotShot1 who wrote (4087)	7/4/1999 1:42:00 AM
From: Jack Rayfield	Respond to of 8117

HotShot1: This is a good question. Obviously Rural Metro has not been the high volume user of the FAST 1 that Pyng expected. I do not know why. It could be strict protocols, red tape, etc. They have apparently not lived up to their end of the agreement for what ever reason. Here are excerpts of the press release statement announcing the agreement specifics: Jun 10,1998 "Expansion of the study to include several (4 to 8) busy sites in geographically distinct areas (including San Diego, Orlando, and Phoenix) or as selected by Rural/Metro Corp. subject to regional board approval. Wide-spread use and promotion of the F.A.S.T.TM System throughout the Rural/Metro Corporation sites following validation of the F.A.S.T.TM System in the above mentioned sites. Rural/Metro Corporation agrees to provide any required logistical and regulatory support needed to rapidly start studies and uses of the F.A.S.T.TM System throughout the Rural/Metro system ." As far as Laidlaw/AMR use of the FAST 1 goes, I know that Pyng has had some contact with them as it was announced in the one of the PRs that I can not access on the Pyng website. I think the contact was made after Pyng had decided that they did not want to add any more field test sites. I do not think that the fact that Laidlaw/AMR was not a field test site will effect longterm Pyng's ability to obtain them as a customer. After mass production is established and Pyng is able to supply them product I think that AMR will conduct a pilot study to determine the feasibility of the FAST 1 device. Under what protocol who knows. Also, individual Laidlaw/AMR EMS sites are not as closely tied to the parent corporate entity as Rural Metro sites are. They basically function as independent units making most decsions at a local level including which medical devices to test and use. So from this perspective Rural Metro may have been a better large multisite EMS operation to include. Even though Laidlaw/AMR is 3 to 4 times as large as Rural Metro. I guess there was no way Pyng could have forseen they would not live up to their side of the bargain. To my knowledge Pyng did not actively recruit any EMS units for the field test. I think that all the field sites selected were groups that came to Pyng and asked to be included. I agree with you in hind sight it would have probably been prudent for Pyng to have contacted the top 5 largest US and Canadian EMS groups to elicit their participation in the field trials. But that is water under the bridge, the field tests are over.