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MIAMI--(BUSINESS WIRE)--Steven Mrha, Chief Operating Officer, Non-Invasive Monitoring Systems, Inc. (NIMS) (OTCBB:NIMU) announced that the US Patent Office issued Patent 7,111,346 on July 31, 2008 entitled, “Reciprocating movement platform for the external addition of pulses of the fluid channels of a subject.” This patent is assigned to NIMS.
Mr. Mrha added, “This fourth patent (the first issued as US patent 6,155,976 in 2000) encompasses 83 claims that further protect the value of the Company’s flagship products (Exer-Rest® AT and Exer-Rest®) for therapeutic and diagnostic applications that have already been published in peer-reviewed research studies, as well as for future products and applications.”
Dr. Marvin Sackner, Chief Executive Officer and Chairman of the Board of Directors, as well as the inventor, stated, “This patent describes the means to achieve the horizontal movements of the acceleration therapeutics platform technology and adds new applications for its use. These include prevention and treatment of athletic injuries, exercise-induced asthma, post-exercise muscular cramping, as well as reduction and/or prevention of susceptibility of athletes to viral and bacterial infections. The patent claims include among others the means to treat and/or prevent cognitive deficits, learning deficits and/or behavioral abnormalities in early cognitive impairment.”
The Exer-Rest® AT has been approved for the CE 0120 mark and is being sold overseas as an aid to improve circulation, increase joint mobility and to provide temporary relief of minor and aches and pains. A new Exer-Rest with added features will be launched overseas in September 2008. The Company expects to file an application with FDA for approval to market in the United States by the last quarter of 2008.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The Statements which are not historical facts contained in this press release are forward-looking statements that involve certain risks and uncertainties including but not limited to risks associated with the uncertainty of future financial results, additional financing requirements, development of new products, government approval processes, the impact of competitive products or pricing, technological changes, the effect of economic conditions and other uncertainties detailed in the Company's filings with the Securities and Exchange Commission.
Contacts
Non-Invasive Monitoring Systems, Inc., Miami
Steven B. Mrha, Chief Operating Officer, 305-861-0075
info@nims-inc.com
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