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Life Care Medical Devices Provides Mid-Year 2013 Corporate Review and Outlines Near-Term Corporate Milestones
Date:6/11/2013

NEW YORK, June 11, 2013 /PRNewswire/ -- Life Care Medical Devices Ltd., (OTC BB:  LCMD), a development stage medical device company today provided a mid-year 2013 corporate review and outlined the Company's near-term key strategic priorities and expected corporate milestones. 

Life Care Medical Devices' lead development and commercialization program is its proprietary, innovative Keyhole Cup® Laparoscopic Access Device for use in laparoscopic surgery.  Keyhole Cup addresses a critical need in the laparoscopic surgery market (one of the largest medical procedure markets) and was developed to advance the standard of care for laparoscopic access and provide the surgeon a method for rapid, consistent, and safe access to the abdominal region.

The Company has made significant advancements in executing its strategy in the first half of 2013.  The Keyhole Cup is currently commercially available with on-the-ground sales personnel in the largest medical device markets (other than the US); Southeast Asia, Europe and Middle East; as well as South America.  In addition to its offices in New York and Hong Kong, Life Care Medical Devices recently announced the addition of its European subsidiary office in Dublin, Ireland where it will manage all aspects of the company's European business, given Ireland's strong, solid history in the medical device arena.  As part of its market expansion strategy, the Company is currently preparing its 510K application with the U.S. Food and Drug Administration (FDA) and plans to file early in the third quarter of 2013, with launch preparations underway.

Keyhole Cup Laparoscopic Access Device Strategic Priorities:

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SOURCE Life Care Medical Devices Ltd.
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