He continues, "Our primary focus was to include the most innovative technology in these thermometers. Through much due diligence, we believe to have developed the best, affordable 5-in-1 non contact thermometer for the market."
The new thermometers will be partially manufactured in China at the Company's overseas location, with final sub-component assembly and packaging occurring at ASR's Ohio and Florida facilities.
Jason M. Roth, Senior Vice President and Director of Business Development, stated, "We have been working diligently on creating and securing multiple global distribution partners for the new thermometer. Since the thermometer has an attractive price, the goal is to enable numerous suppliers worldwide to be able to fill the demand in the marketplace."
Production of the consumer model is scheduled to commence in February 2010 with, in managements' estimation, full production capability exceeding 5000 units per day. The new Kidz-Med 5-in-1 Non-Contact consumer model is expected to have an MSRP of $49.95 domestically and nearly $80.00 in overseas markets. Private label and other branded versions are currently being marketed to large retailers, global distributors and healthcare providers. The thermometer is expected to be available for purchase in Q3 2010.
About American Scientific Resources, Inc.
American Scientific Resources, Inc. is a holding company for wholly owned subsidiary, Kidz-Med. The Company's objective is to design innovative health and safety technologies, develop intellectual property, and to locate, acquire, introduce and promote innovative health an
|SOURCE American Scientific Resources, Inc.|
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