MedPro Safety Products Introduces Passive Hypodermic Safety Syringe
Product to be Featured at APIC Conference
Lexington, KY – June 27, 2011 – MedPro
Safety Products, Inc. (OTCBB: MPSP), a leading developer of
transformational technologies that enable safer medication delivery and
blood collection, today announced the introduction of its hypodermic
safety syringe. The device incorporates a proprietary safety shield that
is automatically released during the administration of medicine,
covering the needle as it is removed, and thereby enhancing patient and
operator safety.
The passive (automatic) hypodermic safety
syringe provides unique features and benefits. The passive safety
mechanism is integrated into the syringe and is activated through the
normal process of medication delivery. The shield is automatically
deployed over the contaminated needle, reducing the chances of a
needlestick injury. It prevents recapping, removal and reuse of the
syringe with the engagements of its auto-disable feature and reduces the
chance of blood or drug splatter. The device is easy to use and
provides an unobstructed view of the patient during an injection.
“The
passive hypodermic safety syringe is the latest offering in our efforts
to expand our patented passive safety technology across a broad range
of products,” said Craig Turner, CEO of MedPro Safety Products. “This
development demonstrates the strength of our research and development
effort. We are in various stages of discussions with several potential
partners to explore the commercialization of the hypodermic safety
syringe and we will be featuring this new product at the Annual APIC
Conference in Baltimore running from June 27 through June 29.”
About MedPro Safety Products, Inc.
Headquartered
in Lexington, Kentucky, MedPro Safety Products, Inc. is a leading
developer of safer medication delivery and blood collection systems.
The Company licenses, develops and manufactures transformational
technologies marketed through its global medical device partners.
MedPro’s portfolio addresses multiple product categories within the
medical delivery (injection and infusion) and blood collection (blood
collection sets and blood tube holders) markets. These products
incorporate needlestick prevention features considered to be the most
passive now available on the market as they require little or no
clinician training compared to competitive products. The total global
market opportunity currently addressed by the Company’s products is
estimated to be in excess of $6 billion. For additional information,
please refer to the ‘Investor Relations’ link on MedPro’s website
(http://www.medprosafety.com).
Safe Harbor Statement
This
release includes forward-looking statements based upon current
expectations of the management of MedPro Safety Products, Inc. that
involve risks and uncertainties, such as plans, objectives, expectations
and intentions. Actual results and the timing of events could differ
materially from those anticipated in these forward- looking statements
as a result of a number of factors, including our ability to identify
and acquire medical safety device safety technologies with product
development potential; our ability to successfully develop and bring
products to market, including obtaining regulatory approvals; our
ability to successfully increase sales of our products; our ability to
obtain additional financing on satisfactory terms; our ability to
attract and retain qualified employees; and governmental regulation
associated with the medical safety products industry. Words such as
"anticipate," "estimate," "plan," "continuing," "ongoing," "expect,"
"believe," "intend," "may," "will," "should," "could," and similar
expressions are used to identify forward-looking statements. We refer
you to the more detailed discussion of risks and uncertainties under
"Risk Factors" in our Annual Report on Form 10-K and our other reports
on file with the Securities and Exchange Commission.
Contact Information:
Investor Contact:
Doug Sherk/Jenifer Kirtland
EVC Group
415-568-4887
Media Contact:
Steve DiMattia
EVC Group
646-201-5445
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