CORPUS CHRISTI, Texas, Nov. 18 /PRNewswire-FirstCall/ -- Consortium
Service Management Group, Inc. (OTC Bulletin Board: CTUM) announced today the
company's Live Tissue Connect subsidiary has begun human clinical trials with
the Military Medical Center of the Ukraine Air Force in Vinnitsa, Ukraine for
procedures in vascular, laparoscopic, gynecological, urological and general
surgeries.
The contract was signed between Major General P. S. Melnic, chief of the
Military Medical Center of the Ukraine Air Force, and Olga Ivanova, president
of IAW, the foreign relations department of E.O. Paton Institute of Electric
Welding in Kiev, the development contractor with CSMG.
Donald S. Robbins, president and CEO of CSMG, said, "We have always
believed our technology holds exceptional benefits for the armed forces in
both field and base hospitals. The interest shown by the Military Medical
Center of the Ukraine Air Force further confirms the continued high regard and
enthusiasm the Ukraine medical community has for our innovative medical
technology. With almost 3,000 successful surgeries completed so far in four
major Ukraine civilian surgical centers, our versatile tissue bonding/welding
technology has shown its effectiveness in facilitating highly positive
surgical outcomes, shorter surgery times and faster recovery times with
minimal or no bleeding."
Col. N. P. Drachevskity, M. D., chief surgeon of the Military Medical
Center of the Ukraine Air Force said, "I am excited about using the tissue
bonding/welding technology in our medical center. The prospects for developing
new procedures, especially in my personal specialty area of cardiovascular
surgery, are very promising."
CSMG's Tissue Bonding Technology
CSMG's patented tissue-bonding device bonds through radiofrequency fusion
and reconnects living soft biological tissue (organs) without the use of
foreign matter or conventional wound-closing devices such as sutures, staples
or glues. The technology leaves virtually no visible scar after a few months.
Unlike other tissue coagulation methods, the CSMG-patented technology bonds
and reconnects incised tissue and avoids charring, searing and necrosis, using
a patented low-heat delivery technology. U.S. and Australia patents have been
issued with other U.S. and foreign patents pending.
In Ukraine, almost 3,000 successful human surgeries in clinical trials
have been completed using various procedures. Surgeons at four Ukraine
hospitals are using the tissue bonding technology in clinical trials and
performing both open and laparoscopic surgical procedures. Procedures so far
have involved the bonding and reconnecting of incised or separated human soft
tissues in a variety of organs while restoring the normal function of the body
organ or tissue.
CSMG owns the technology and exclusive world rights to the medical device
through Live Tissue Connect, Inc., a subsidiary corporation formed for the
development and exploitation of the platform technology. The technology was
invented and developed at the E.O. Paton Institute of Electric Welding,
National Academy of Sciences of Ukraine at Kiev.
A profile for investors may be found at the website
http://www.hawkassociates.com/csmg/profile.htm. Additional information about
CSMG can be found on the website http://www.ctum.com. An online investor kit
containing CSMG press releases, SEC filings, current price Level II quotes,
interactive Java, stock charts and other useful information for investors can
be found at http://www.hawkassociates.com/csmg/kit.htm and
http://www.hawkassociates.com and http://www.hawkmicrocaps.com. Investors may
contact Don Robbins or Gordon Allison, CSMG at (361) 887-7546, e-mail:
publicrelations@ctum.com, or Frank Hawkins or Julie Marshall, Hawk Associates,
at (305) 852-2383, e-mail: info@hawkassociates.com.
SOURCE Consortium Service Management Group, Inc.
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Related links:
http://www.ctum.com
http://www.hawkmicrocaps.com
http://www.hawkassociates.com
http://www.hawkassociates.com/csmg/kit.htm
http://www.hawkassociates.com/csmg/profile.htm
CONTACT:
Investors, Don Robbins or Gordon Allison,
both of CSMG, +1-361-887-7546, publicrelations@ctum.com; or Frank
Hawkins or Julie Marshall, both of Hawk Associates,
+1-305-852-2383, info@hawkassociates.com
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