Company Sells 100,000th Pulse Oximetry Unit
NEW YORK, Oct. 22 /PRNewswire-FirstCall/ -- SPO Medical Inc. (OTC Bulletin Board: SPOM), a leading developer of biosensor and microprocessor technologies for use in portable monitoring devices, today announced that is has sold its 100,000th pulse oximetry unit. This sales milestone has been achieved within three years of the company's first introduction of the commercial product.
The bulk of the 100,000 units sold include the patented technology of PulseOx 5500(TM) and the PulseOx 7500(TM), a new product that was commercially launched during the second quarter of 2007. First introduced at the end of 2004, the PulseOx 5500(TM) is a spot check finger monitor for the medical market and is sold primarily to homecare users as well as to hospitals, physicians and emergency care facilities to monitor heart rate and blood oxygenation levels. The PulseOx 7500(TM) device is sold to physicians and sleep clinics primarily for pre-screening of sleep apnea; a medical condition with fast growing awareness throughout the industrialized world.
SPO Medical intends to announce two new professional oximetry devices this year for the hospital and physician markets. These new products will be first shown during mid-November at the annual Medica Exposition in Dusseldorf, Germany which is the world's largest medical international trade fair for supplies of medical devices; this will be followed by the American Association for Respiratory Care (AARC) International Respiratory Congress in Florida in December of this year.
"We are pleased to announce this major sales milestone and look forward
to further growing the company with the addition of new products expanding
our technology to a number of market applications" said Michael Braunold,
President and CEO of SPO Medical Inc. "The launch of two new oximetry
devices later this year is a further testament to our commitment and
implementation of our strategy
|SOURCE SPO Medical Inc.|
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