- Program To Help Create Awareness of a Non-Invasive Treatment Option for
Overactive Bladder Symptoms -
MINNEAPOLIS, Jan. 17 /PRNewswire-FirstCall/ -- Uroplasty, Inc. (Amex: UPI) today announced the expansion of its CO-OP marketing program to customers of its Urgent PC(R) neuromodulation system for the treatment of overactive bladder (OAB) symptoms. Uroplasty offers this marketing program to customers who wish to promote the availability in their practice of this leading non-surgical, office-based treatment option.
"This is the right time to offer an expanded marketing program to our fast-growing base of customers," said David B. Kaysen, Uroplasty's President and CEO. "In the quarter ended December 31, 2007 we had over 300 active customers in the United States, consisting primarily of urologists and urogynecologists, who purchased our Urgent PC neuromodulation system or additional lead sets. This represents in excess of a 150% increase from 119 active customers we had in our fourth fiscal quarter ended March 31, 2007. Our expanded marketing program gives our customers more options to enhance their practice, and market the benefits and availability of the Urgent PC system to their patients."
Kaysen continued, "Our focus in the U.S. is to both expand our new customer base and increase our revenue from our existing customer base. We believe this marketing program, an important part of our growth strategy, will allow our customers to increasingly incorporate the Urgent PC system as part of the treatment option they offer to their patients."
Program participants, working closely with Uroplasty, select a
marketing program suitable for their practice from a menu of options which
includes local media print advertising, patient and physician education
seminars, direct mail campaign, and local radio advertising. Uroplasty and
the participant share the marketing program costs in proportion to the
benefit each receives fr
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