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Tranzbyte Corporation Acquires the Exclusive Right to Market Low-Cost, Innovative MRI machines in North and South America
Date:9/11/2012

PHOENIX, Sept. 11, 2012 /PRNewswire/ -- Tranzbyte Corporation (ERBB (OTC:PK), announced today that it has signed a preliminary agreement to acquire the exclusive North and South American marketing rights to one of the world's least expensive and most practical MRI machines – the Cirrus MRI, from Hurricane Enterprises Ltd, a Hong Kong Company.

Hurricane Enterprises Ltd (www.hurricanemri.com)  has obtained exclusive world-wide distribution rights to the ground-breaking Cirrus Open 0.2 Tesla MR Imaging Device developed in Canada under the auspices and funding of The National Research Council of Canada, (the "NRC"). The Cirrus MRI is an open Magnetic Resonance Imaging Device intended to provide a physician with a patient's internal physiological imagery using magnetic resonance imaging techniques - all without the use of ionizing radiation or advanced cryogenics.

The Intellectual property rights for this innovative MRI machine continue to be held by the NRC, with manufacturing rights held by a consortium of scientists involved in the development of the technology. Worldwide distributor rights are held in a Hong Kong company controlled by Hurricane Enterprises, Ltd..

Principle advantages of the Cirrus Open 0.2T MRI are its lower purchase price and lower operating costs.  Because it does not require cooling with liquid helium, it is also much safer and more appropriate for use in remote areas.  Also, the Cirrus MRI is far more resilient against local power level fluctuations.  The software-driven device comes equipped with Internet-ready capability, allowing radiologists and technicians anywhere with Internet access to review results in real time from the convenience of their urban hospital settings.

According to David Gwyther, Tranzbyte's president, "I believe the Cirrus Open MRI will enable doctors and patients living in thousands of locales throughout the w
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SOURCE Tranzbyte Corporation
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