Cardio Vascular Medical Device Launches Corporate Website
11 November 2009 - 4:00PM
PR Newswire (US)
Company Develops Innovative Guidewire That Improves Angioplasty
Procedures HAIFA, Israel, November 11 /PRNewswire-FirstCall/ --
Cardio Vascular Medical Device Corp. (OTC:CVSL), a leading
developer of advanced cardiovascular surgery technology, today
announced the completion of the company's corporate website located
online at http://www.cvslmedical.com/. Cardio Vascular Medical
Device holds a US patent for an innovative next-generation
"steerable guidewire" applicable for all angioplasty (PCTA)
procedures. The guidewire has a unique opportunity to become the
guidewire of choice for surgeons throughout the world. The
technology hinges on a bendable tip that improves guidewire
performance, enables faster procedure completion, and provides cost
benefits for patients as well as healthcare providers. "Cardio
Vascular Medical Device has developed a technology that provides
several advantages over the current guidewires being employed in
angioplasty procedures," stated Eli Gonen, CEO of Cardio Vascular
Medical Device Corp. "And with well over 7 million angioplasties
performed each year, the global annual potential addressable market
exceeds $500 million." Cardio Vascular Medical Device is working
diligently to complete the development of the guidewire, in
preparation for full commercial distribution. Forward-Looking
Statements This letter contains forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933, as
amended and Section 21E of the Securities Exchange Act of 1934, as
amended. All forward-looking statements are inherently uncertain,
based on current expectations and assumptions concerning future
events or future performance of Cardio Vascular Medical Device
Corp. and its technologies. In evaluating such statements,
prospective investors should review carefully various risks and
uncertainties identified in this release, as actual results may
differ materially from those indicated in the forward-looking
statements. Cardio Vascular Medical Device Corp. public filings may
be viewed at http://www.sec.gov/. Contact: Asher Zwebner
+972-54-464-6363 Alex Traiman Media Relations +1-646-863-9729
DATASOURCE: Cardio Vascular Medical Device Corp. CONTACT: Contact:
Asher Zwebner, +972-54-464-6363, ; Alex Traiman, Media Relations,
+1-646-863-9729
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