Canon to Showcase CVR Medical's Carotid Stenotic Scan (CSS) at Medical Design & Manufacturing West (MD&M)
Denver, North Carolina--(Newsfile Corp. - February 5, 2019) - CVR Medical Corp. (TSXV: CVM) (OTCQB: CRRVF) ("CVR"), a Canadian listed and US based healthcare company in the medical device sector announces it will have its upcoming "Carotid Stenotic Scan (CSS)" device showcased by its manufacturing and strategic partner Canon Virginia, Inc. (CVI) a wholly owned subsidiary of Canon USA at this week's Medical Design & Manufacturing West (MD&M) in Anaheim, CA. MD&M West is known as the largest and most comprehensive yearly medical technology and manufacturing expo and conference in North America. CVR has partnered with CVI for the manufacturing, supply chain management, logistics, white glove delivery to end user, telephone tech support, and on-site service for the CSS; providing key advantages when CVR scales to meet potential global demand.
From February 5-7, over 19,000 members of the global medical care and manufacturing community will gather at MD&M West to learn about and exhibit the latest in cutting-edge advancements. With Canon's presence as a recognized leader in imaging technology, CVR will have the opportunity to gain invaluable exposure and credibility within the industry. Canon's showcase of the CSS will highlight the unique, customized manufacturing of the device, as well as logistics and product support needs. The manufacturing partnership between CVR Medical and Canon, announced in 2017, established the production means through which the CSS will be launched.
CVR Chief Executive Officer Peter Bakema states, "We are excited to have the CSS displayed at MD&D West with our incredible partners at Canon. Consumers across the world resonate with their brand as one that creates user-friendly, reliable, high-quality products. Combined with our industry-disrupting, noninvasive diagnostic technology, we expect to stand out on this stage and continue building momentum toward the CSS market launch."
Visit Canon at MD&M West, booth #3901, to learn more about the CSS and discuss future opportunities.
About CVR Medical
CVR Medical Corp. is a healthcare company that operates in the medical device industry focused on the commercialization of its disruptive, proprietary Carotid Stenotic Scan (CSS). The CSS device is a diagnostic tool that encompasses subsonic, infrasonic, and low frequency sound wave analysis technology. The CSS is a patented device designed to detect and measure carotid arterial stenosis. CVR is currently in clinical trials at several research institutions and has submitted its CSS device to the FDA as a De Novo application. CVR is led by an experienced and proven team of professionals with extensive healthcare, medical device, international expansion, regulatory and sales experience. CVR Medical trades on the TSX Venture Exchange under the symbol CVM. Additional information regarding the Company can be found in our recent filings with the SEDAR as well as the information maintained on our website at www.cvrmed.com.
ON BEHALF OF THE BOARD:
(signed) "Peter Bakema"
CEO, President & Director
For further information contact:
Peter Bakema, CEO, President and Director
Marc S. Lubow
Executive Vice President
(904) 923 - 4037
This press release contains forward-looking information that involves various risks and uncertainties regarding future events related to the Joint Venture. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements and are not guarantees of future performance of the Company. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. These forward-looking statements reflect management's current views and are based on certain expectations, estimates and assumptions which may prove to be incorrect. A number of risks and uncertainties could cause our actual results to differ materially from those expressed or implied by the forward-looking statements, including: (1) a downturn in general economic conditions in North America and internationally, (2) the inherent uncertainties and speculative nature associated with commercialization of technology and the practice of medicine, (3) a change in health regulations, (4) any number of events or causes which may delay or cease commercialization and development of the Joint Venture, (5) the risk that the Company or the Joint Venture does not execute its business plan, (6) inability to retain key employees, (7) inability to finance operations and growth, and (8) other factors beyond the Company's control. These forward-looking statements are made as of the date of this news release and, except as required by law, the Company assumes no obligation to update these forward-looking statements, or to update the reasons why actual results differed from those projected in the forward-looking statements.
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