Copyright © 2026 Knight Sac Media. All rights reserved.https://www.siliconinvestor.com/subject.aspx?subjectid=5464 Does anyone have any info on this one? THE WOODLANDS, Texas--(BUSINESS WIRE)--June 6, 1996--Strategic Advisory Inc. announced today that they have initiated coverage on American BioMed Inc. (OTC BB: ABMI), of The Woodlands, Texas. Strategic has instituted a strong buy recommendation with a 12 to 18 month target valuation of $5 to $6 per share. The company analyst stated that American BioMed Inc. will be highlighted in Strategic's mid-June newsletter as well as the August publication of Individual Investor. ABMI is a company that is just beginning to commercialize its vascular product lines. These products include but are not limited to patented and unique products such as stents, catheters and the OmniCath, ABMI's atherectomy catheter. Stents are the new wave in cardiology. These small devices use self-expanding nitinol that helps keep blood vessels open after an angioplasty has been performed. This does not infringe on Johnson & Johnson's (NYSE:JNJ) balloon delivered stents. ABMI is also positioning itself as the premier provider of silicone based catheters. Their nine FDA approved catheters are silicone based and have broad uses. The OmniCath is an atherectomy device which actually removes plaque buildup from blood vessels. It vacuums and filters preventing distally embolisms and thereby helps return blood flow back to normal levels. The analyst also cites added valuation due to the recent stock acquisition of InStent Inc. (NASDAQ:ININ) for $214.6 million by Medtronic Inc. (NYSE:MDT) due to the similarity of the stent delivery systems of InStent and American BioMed. The OmniCath is currently being marketed in Europe and is in stage two of the FDA approval process and is about to submit its 510-K filing in order to speed up the process which will fully commercialize the unit in the United States. --30--eh/sf* cmf/sf CONTACT: Strategic Advisory Inc. Brendon Gebben, 800/793-2601https://www.siliconinvestor.com/images/Logo380x132.pnghttps://www.siliconinvestor.com/subject.aspx?subjectid=546438013210