Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Gary H who wrote (542)	2/18/1998 10:36:00 PM
From: Mark S. Schroeder	Read Replies (1) \| Respond to of 8117

At the home page of pyng.com I see they have posted that their first shipment was shipped on Feb. 13. Today's news release came after the market closed today... F.A.S.T.1TM training scheduled to begin March 9, 1998 at University of Maryland Medical Center Pyng Technologies Corp. News Release PYT.V Feb 18,1998 Pyng Technologies Corp is pleased to announce that subsidiary Pyng Medical Corp has confirmed with the University of Maryland Medical Center (UMMC) that training of hospital emergency physicians and nurses on the F.A.S.T.1TM System for Intraosseous Infusion will begin March 9th, 1998. UMMC , one of the largest and most prestigious trauma centers in the United States, has agreed to be the lead site for both training and data collection for Pyng Medical Corp. The company is proceeding with full field trials on the F.A.S.T.1TM System for Intraosseous Infusion. The System is capable of delivering drugs and fluids within 90 seconds to victims of shock and trauma. UMMC is the centerpiece of the Maryland Institute for Emergency Medical Services Systems (MIEMSS). This system is responsible for coordinating Maryland's statewide emergency medical services and encompasses a coordinating program for training, testing, and certifying pre- hospital care providers, statewide communications and transportation systems (both ambulance and Med-Evac helicopters) and an echelons of care system including the famous R Adams Cowley Shock Trauma Center The Maryland emergency ambulance services, which are coordinated through a 9-1-1 system, are manned by over 32,000 career or volunteer-trained providers. Support for this system is also provided by the Maryland State Police who operate the Med - Evac helicopter service with eight sections located geographically over the state and manned by paramedic certified state troopers. The Med-Evac system alone transported over 4,000 patients from the scene of critical injuries last year The Maryland EMS system handled over 500,000 calls throughout the states 23 counties and Baltimore City. Pyng Medical Corp., in full cooperation with UMMC, will provide full training systems inclusive of SIMIO units of the F.A.S.T.1TM System as well as video, training materials and data collection systems. Training will be given under the direction of Dr. David Johnson, Vice President, Research and Development and Judy Findlay, Vice President, Engineering, Pyng Medical Corp. On completion of training Pyng Medical Corp. will deliver production units of the F.A.S.T.1TM System for use by UMMC in field trials. Training on the F.A.S.T.1TM System has been completed at St. Paul's Hospital and is underway at Royal Columbian Hospital and product has been shipped to these sites. Pyng Medical Corp. also wishes to report that it is communicating with and coordinating full evaluations on the F.A.S.T.1TM System with Walter Reed Army Institute of Research in Washington, D.C Walter Reed Institute of Research is the lead Institution for the US Army in Combat Casualty and Trauma Research. Training materials, clinical data and videos have also been delivered to US Army Central Command at Camp Doha, Kuwait. For additional information contact: Michael W. Jacobs (604) 875-4526 (Tel) (604) 875-5390 (fax), email: pyngmed@axionet.com The V.S.E. has neither nor reviewed the contents of this news release.