Luna Innovations Announces EN-TACT
10 Outubro 2006 - 6:27PM
PR Newswire (US)
New Ultrasonic Medical Device Detects Compartment Syndrome ROANOKE,
Va., Oct. 10 /PRNewswire-FirstCall/ -- Luna Innovations
Incorporated (NASDAQ:LUNA) today announced the introduction of
EN-TACT(TM) (Emergency Noninvasive Tissue and Compartment Testing),
an ultrasonic medical device that noninvasively and quickly
measures and monitors intramuscular and intracranial pressures.
"The introduction of the EN-TACT device is another demonstration of
Luna Innovations' unique business model at work. After discovering
and developing the technology with one of our key government
partners, we realized its commercial potential," said Kent Murphy,
Ph.D., Chairman and Chief Executive Officer of Luna Innovations.
"Once we determined that there may be a significant market for our
product, we applied the resources necessary to take this
cutting-edge technology to commercialization." Luna's EN-TACT
device uses proprietary algorithms for tracking tissue motion to
the sub-micron range, enabling it to accurately reproduce the
pressure waveforms that create this motion. The high-resolution of
the EN- TACT waveform makes it possible to estimate both
intracranial and intramuscular pressures based on the waveform
shape. The portable system can be operated by a non-specialist with
minimal training, and is therefore ideal for traumatic injuries,
sports medicine (ex. football), and military combat situations in
which compartment syndrome and traumatic brain injury are common.
Compartment syndrome results from injuries where pressure within
the muscles builds to dangerous levels and prevents nourishment
from reaching nerve and muscle cells. This painful condition can
damage blood vessels, nerve and muscle cells and if undiagnosed and
untreated can lead to extreme discomfort, paralysis or in some
cases fatalities. For compartment syndrome within muscles, the
portable EN-TACT system can replace the current diagnostic process
which involves a large bore needle repeatedly injected into the
muscle. In intracranial applications, the EN-TACT system detects
increased intracranial pressure due to brain swelling caused by
traumatic brain injury. Currently, the noninvasive diagnosis
involves a neurological exam in which the patient must respond to
verbal and non-verbal stimuli. The EN-TACT system allows an
emergency medical responder to detect this dangerous condition even
when the patient is non-responsive due to unconsciousness or
chemical sedation. The EN-TACT system was initially launched in
August 2006 at the Advanced Technology Applications for Combat
Casualty Care conference in St. Pete Beach, Florida and will next
be exhibited at the Ultrasonic Measurement and Tissue Elasticity
conference in Snowbird, Utah on October 8-11, 2006. Currently, EN-
TACT is labeled For Investigational Use Only and Luna is accepting
orders for research purposes. For more information, see
http://www.lunamedicalproducts.com/ or email . (Photo:
http://www.newscom.com/cgi-bin/prnh/20061010/DCTU064 ) About Luna
Innovations Incorporated: Luna Innovations researches, develops and
commercializes innovative technologies in molecular technology and
sensing solutions. Luna accelerates the process of bringing new and
innovative products to market by focusing on technologies that can
fulfill identified market needs and then takes these technologies
from the applied research stage through commercialization. Since
its inception, Luna has successfully developed products for the
energy, telecommunications, life sciences and defense industries.
Headquartered in Roanoke, Virginia, the company has research,
development and manufacturing facilities in Blacksburg,
Charlottesville, Hampton, and Danville, Virginia and a sales office
in McLean, Virginia. (Logo:
http://www.newscom.com/cgi-bin/prnh/20060627/LUNALOGO ) FORWARD
LOOKING STATEMENTS This press release includes information that
constitutes "forward-looking statements" made pursuant to the safe
harbor provision of the Private Securities Litigation Reform Act of
1995 including, for example: there may be a significant market for
our product; the system can be operated by a non- specialist with
minimal training and is therefore ideal for certain injuries; the
EN-TACT system allows an emergency medical responder to detect this
dangerous condition even when the patient is non-responsive. The
company has attempted, whenever possible, to identify these
forward-looking statements by words such as "intends," "will,"
"plans," "anticipates," "expects," "may," "estimates," "believes,"
"should," "projects," or "continue," or the negative of those words
and other comparable words. Similarly, statements that describe the
company's business strategy, goals, prospects, opportunities,
outlook, objectives, plans or intentions are also forward-looking
statements. Luna Innovations wishes to take advantage of the "safe
harbor" provided by the Private Securities Litigation Reform Act of
1995 and you are cautioned that actual events or results may differ
materially from the expectations expressed in such forward-looking
statements. Factors that could cause the Company's actual results
to differ materially from the expectations expressed in such
forward-looking statements include, but are not limited to: (1) it
may experience lower than expected sales of products, (2) it may
not be able to realize the expected benefits, if any, from its
product development activities, (3) it may not be successful in
identifying market needs for new products, (4) it may be unable to
manage its growth effectively, (5) it faces substantial competition
in its markets, (6) its proprietary rights may be insufficient to
protect its technologies, (7) third parties may claim that it
infringes their intellectual property rights, (8) its ability to
develop and market certain of our products may be delayed by U.S.
or foreign regulatory requirements, (9) it has limited
manufacturing experience and may experience unanticipated
manufacturing or supply problems, and (10) it may experience
changes in customer demand for its products and product candidates.
Additional factors that may affect the future results of Luna
Innovations are set forth in its Registration Statement on Form
S-1, its quarterly report on Form 10-Q and other filings with the
Securities and Exchange Commission ("SEC"), which are available at
the SEC's website at http://www.sec.gov/, and at Luna Innovations'
website at http://www.lunainnovations.com/. Luna Innovations
undertakes no obligation to update any of the forward-looking
statements herein after the date of this press release.
http://www.newscom.com/cgi-bin/prnh/20060627/LUNALOGO
http://www.newscom.com/cgi-bin/prnh/20061010/DCTU064
http://photoarchive.ap.org/ DATASOURCE: Luna Innovations
Incorporated CONTACT: Media: Mildred Cooper, +1-540-557-7561, , or
Sales and Marketing: Karin Clark, +1-540-769-8446, , both of Luna
Innovations Incorporated Web site: http://www.lunainnovations.com/
http://www.lunamedicalproducts.com/
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