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Biotech / Medical : Schick Technologies (SCHK) -- Ignore unavailable to you. Want to Upgrade?

To: patlew who wrote (74)	12/16/1998 8:00:00 PM
From: MoneyMade	Read Replies (1) \| Respond to of 83

GAPPO!!Schick Technologies Receives FDA Clearance for CDRPan(TM) Digital X-Ray System LONG ISLAND CITY, N.Y., Dec. 16 /PRNewswire/ -- Schick Technologies, Inc. (Nasdaq: SCHK - news) today announced that it received 510(k) market clearance from the U.S. Food and Drug Administration (FDA) for its CDRPan panoramic system, the first universal digital attachment for dental panoramic x-ray units. CDRPan™ eliminates the need for film in panoramic dental diagnostic procedures and can be easily installed on existing panoramic x-ray units. Panoramic radiographs are used by general practitioners and dental specialists such as oral-maxillofacial surgeons and orthodontists to take full images of the mouth in one exposure. ''CDRPan is an exciting addition to our CDR® product line and part of our commitment to providing a complete digital solution for dentistry,'' said David Schick, President and Chief Executive Officer of Schick Technologies. ''In designing a single device that offers digital capabilities to the installed base of panoramic machines, we believe CDRPan addresses the broadest segment of the market.'' The Company estimates that there are 60,000 panoramic x-ray units installed in the United States, and an additional 60,000 units installed internationally. The CDRPan, which fully integrates with Schick Technologies CDR software, produces high resolution panoramic radiographs without film or the need for chemical development. CDRPan will be sold for $15,000 with initial deliveries expected to begin in March, 1999. Schick Technologies, Inc., an ISO 9001 certified company, designs, develops, and manufactures innovative digital radiographic imaging systems and devices for the dental and medical markets. The Company's products, which are based on proprietary digital imaging technologies, create instant high resolution radiographs and offer significant advantages over conventional x-ray devices. This news release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual future results and trends could differ materially from those set forth in such statements due to various factors. Such factors include the possibility of changing economic and competitive conditions, regulatory approvals, technological developments, and other risks and uncertainties, including those detailed in the Company's filings with the Securities and Exchange Commission. M$ney Message 6864004