'Health Forum' Show to Feature Memry Corporation Nitinol Shape Memory Alloy Technology for Medical Devices
'Health Forum' Show to Feature Memry Corporation Nitinol Shape Memory Alloy Technology for Medical Devices
BETHEL, Conn., April 26 /PRNewswire-FirstCall/ -- Memry Corporation (AMEX:MRY), the leading independent manufacturer of high-value-added shape memory alloy components for the medical device industry, announced today that Platinum Television Group will feature Memry on its educational television series, Health Forum.
The company will be highlighted in a segment on "The Critical Importance of Shape Changing Technology in the Medical Device Industry" in the show's "Models of Excellence" series. The program will air on CNBC, CNBC Europe, 98 times on regional news networks and will be seen in nearly 50 major media markets. Broadcast dates will be scheduled and released after production of the segment.
Memry Corporation provides design, engineering, development and manufacturing services to the medical device and other industries using the company's proprietary shape memory alloy and polymer extrusion technologies. Medical device products include stent components, catheter components, guidewires, laparoscopic surgical sub-assemblies and orthopedic instruments, as well as complex, multi-lumen, multi-layer polymer extrusions used for guidewires, catheters, delivery systems and various other high-end interventional medical devices. Medical device customers include Medtronic, Tyco and Boston Scientific.
While traditionally considered a "boutique technology," the super-elastic self-expanding capabilities of Nitinol have become increasingly more attractive as an alternative to balloon expansion stents in a number of mainstream procedures. The most popular of these procedures include peripheral, biliary and esophageal applications; stenting of the carotid arteries and endovascular stent grafting of the descending aorta or thoracic aorta.
In addition to medical-related uses, the company produces and sells Nitinol strip, wire and tubing and wire components for cellular telephone antennas, automotive components, eyeglass frames and dental applications. Memry is focused on the value-added processing of these components, such as state-of-the-art laser processing and finishing capabilities for medical stents, specialized micro coil and guidewire components and high-speed automated forming.
James Binch, CEO of the company, said, "Memry's objective is to become the world leader in developing and processing shape memory materials with high quality and significant user value. We are dedicated to the quality of our shape memory alloy products."
For more information, visit http://www.memry.com/ .
About Memry Corporation
Memry Corporation provides design, engineering, development and manufacturing services to the medical device and other industries using the company's proprietary shape memory alloy and polymer extrusion technologies. Medical device products include stent components, catheter components, guidewires, laparoscopic surgical sub-assemblies and orthopedic instruments, as well as complex, multi-lumen, multi-layer polymer extrusions used for guidewires, catheters, delivery systems and various other high-end interventional medical devices.
An investment profile on Memry Corporation may be found at http://www.hawkassociates.com/memry/profile.htm .
For more information, contact CFO Robert P. Belcher at (203) 739-1100, e-mail: Robert_Belcher@memry.com , or Frank Hawkins or Julie Marshall, Hawk Associates, Inc., at (305) 852-2383, e-mail: info@hawkassociates.com . Detailed information about Memry Corporation can be found on the website http://www.memry.com/ . Copies of Memry Corporation press releases, SEC filings, current price quotes, stock charts and other valuable information for investors may be found on the website http://www.hawkassociates.com/ .
This release contains certain forward-looking statements, which involve known and unknown risks, uncertainties or other factors not under the company's control, which may cause actual results, performance or achievements of the company to be materially different from the results, performance, or other expectations implied by these forward-looking statements. These factors include, but are not limited to, those detailed in the company's periodic filings with the Securities and Exchange Commission.
Source: Memry Corporation
CONTACT: Robert P. Belcher, CFO, Memry Corporation, +1-203-739-1100, or Robert_Belcher@memry.com; or Frank Hawkins or Julie Marshall, both of Hawk Associates, Inc., +1-305-852-2383, or info@hawkassociates.com, for Memry Corporation
Web site: http://www.memry.com/ http://www.hawkassociates.com/ http://www.hawkassociates.com/memry/profile.htm
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