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Subject: SWNM Enhances Labguard's Diagnostic Capabilities - May10, 2005



 

  SmallCapReview News  
  May 10, 2005  
 

Southwestern Medical Solutions...(SWNM)

SWNM Enhances Labguard(TM) Diagnostic Device Capabilities...(SWNM) Announces that, through is working relationship with medical company Instant Diagnostics, Inc., the Labguard(TM) diagnostic device will now include a much wider array of diagnostic testing capabilities.

Full Press Release...


SWNM Investment Highlights

  • Announced that, with the ongoing success of the patented Labguard(TM) systems in current clinical trials, the process of manufacturing the product as an OEM licensed medical product for two major U.S. medical suppliers has begun. The official licensed OEM version of the Labguard(TM) will be packaged as a unit to be marketed and sold under each distribution company's label.
  • Announced that building of the prototypes for its Stage 2 proprietary Labguard(TM) health screening system have been completed ahead of schedule. Clinical testing through the company's network of assigned independent medical testing laboratories is to commence immediately.
  • Announced that it intends to introduce a version of the Labguard(TM) system to facilitate a simple urine test that could be used as an easy cross-check to the traditional PSA (prostate-specific antigen) test to increase the accuracy of prostate screening.
  • Announced that it has commenced studies to appraise the potential of several of its in-house designs to achieve medical-device advancements to the percutaneous endoscopic gastrostomy (PEG) tube, commonly referred to as the feeding tube.
  • Announced that it has plans to introduce a non-invasive, one-step early menopause detection device in its Labguard(TM) on-site and at-home Collection & Diagnostic Testing product lineup.

Overview

Southwestern Medical Solutions (SWNM) is a development-stage company targeted at the multibillion-dollar medical devices business. Through internal Research & Development, as well as the acquisition of proprietary technology developed by others, Southwestern intends to provide the healthcare industry with significant advancements in medical supplies and equipment. These technological advancements will focus upon fulfilling the needs for higher safety, better ease-of-use, and much-needed economic efficiencies within the healthcare industry.

The Company's proprietary Labguard(TM) on-site collection & diagnostic testing technology represents a revolutionary approach that ensures greater safety and convenience for diagnostic testing administrators at an attractive, market-competitive price. Currently in the clinical testing/prototype stage, Labguard has attracted expressions of strong interest from several major medical-device distribution companies, both in the U.S. and abroad. Numerous applications of the Labguard to address specific market needs, such as non-invasive HIV testing, are currently in the design, prototype and/or testing stages. Southwestern Medical is also involved in prototype design and testing of the promising Protect-A-Pal(TM) needle safety device, to which it now owns the world marketing rights.


Approximate Shares Outstanding: 328M

 Market Cap: $47.6M

 Recent Price: $0.145

For the Full Profile on SWNM please visit http://www.smallcapreview.com/swnm.htm


Initial Product Launch

Southwestern recently announced that it had acquired the worldwide rights to the LabGuard Accucheck Collection System, a technologically advanced device that is expected to significantly ease the task of on-site collection and testing, thus providing the highest level of safety and quickest possible results for the large and growing on-site diagnostic testing/screening market.

  • The LabGuard Accucheck?„? will offer the healthcare community many benefits including:
  • Simultaneous detection of multiple drugs in under 5 minutes
  • Integrated collection and testing device for every sample
  • Sterile sample and reagent/fluid-free handling
  • Room temperature storage
  • Clear positive/negative results
  • Non-Leak-Spill-proof container

Recent News and Press Releases

SWNM Enhances Labguard(TM) Diagnostic Device Capabilities

SWNM Commences OEM Licensing for Manufacture of Labguard(TM)

Southwestern Medical Solutions, Inc. Appoints Katherine Helm, R.N. to Newly Established Medical Advisory Board

Stage 2 Labguard(TM) Prototypes Completed; Clinical Testing to Commence Immediately

Southwestern Medical's Labguard(TM) Test to Improve Accuracy of Prostate Screening

Feeding Tube Advancement Studied by Southwestern Medical Solutions

Medical Devices Diagnostic Testing Company to Support Southwestern Medical Solutions, Inc. Clinical Testing of Labguard(TM)

Southwestern Medical to Incorporate Early Menopause Detection in Its Labguard(TM) Product Line-Up

Southwestern Medical Expands Its Initial Diagnostic Testing Target Markets for Labguard(TM)


 

 

Disclaimer  

SmallCapReview.com feature stock reports are intended to be stock ideas, NOT recommendations. Please do your own research before investing. It is crucial that you at least look at current SEC filings and read the latest press releases. For continuing coverage of SWNM, please sign up for our free newsletter, SmallCapReview.com News. Information contained in this report was extracted from current documents filed with the SEC, the company web site and other publicly available sources deemed reliable. For more information see our disclaimer section, a link of which can be found on our web site. This document contains forward-looking statements, particularly as related to the business plans of the Company, within the meaning of Section 27A of the Securities Act of 1933 and Sections 21E of the Securities Exchange Act of 1934, and are subject to the safe harbor created by these sections. Actual results may differ materially from the Company's expectations and estimates. This is an advertisement for Southwestern Medical Solutions. The purpose of this advertisement, like any advertising, is to provide coverage and awareness for the company. The information provided in this advertisement is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation or which would subject us to any registration requirement within such jurisdiction or country.

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