ADM Tronics to Launch Medical Device for Tinnitus Sufferers on Internet
Released_By: USANews Press Release Network
Date: 12/11/98
Time: 5:48:54 AM
For_Immediate_Release
NORTHVALE, NJ -- ADM Tronics Unlimited, Inc. (NASDAQ-ADMTC) has announced
that it will launch the Aurex-3, its recently FDA-cleared medical device for
treatment of tinnitus, on the Internet. Tinnitus is a debilitating hearing
condition commonly referred to as ringing in the ears. ADM Tronics believes this
will be the first time a medical device company has opted for an on-line launch
of a new medical device. This follows the recent strategic relationship signed
between ADM Tronics and AllnetServices.com Corp. (OTC - AWEB) to establish a
first-ever Internet portal site dedicated to therapeutic medical devices and
non-invasive medical therapies. Through this e-commerce marketing and
distribution system ADM Tronics expects to reach millions of people suffering
from tinnitus.
"We have been researching the best way to launch the Aurex-3 in the US,"
commented Andre' Di Mino, COO of ADM Tronics. "The Internet gives us a vehicle
to make purchasing the Aurex-3 instantly available to millions of tinnitus
sufferers." The American Tinnitus Association estimates that there are 50
million people in the US with some degree of tinnitus of which, 12 million seek
medical care and 1 million are incapacitated by the debilitating hearing
condition.
The launch of Aurex-3 will be done on deviceline.com, the on-line portal site
being jointly developed by ADM Tronics and Allnet, as previously announced. ADM
Tronics and Allnet anticipate that deviceline.com will be operational in
January, 1999. "The timing of this strategic relationship couldn't have been
better," stated Michael Clark, Marketing Representative for ADM Tronics. "We
have received many requests for the Aurex-3 and deviceline.com is a great way to
get this product distributed quickly."
ADM Tronics is a technology based developer and manufacturer of a diversified
line of products categorized into three distinct market segments - therapeutic,
non-invasive electronic medical devices, environmentally safe chemical products
and innovative topical dermatological products.
Contact: Andre' Di Mino 24-S Pegasus Avenue Northvale, New Jersey 07647
Phone: 201-767-6040 Fax: 201-784-0620 E-mail:
andre@admtronics.com
Website: http://www.admtronics.com