CSA Medical CryoSpray Ablation System to be Manufactured and Distributed from Solectron Charlotte
07 Maio 2007 - 9:30AM
Business Wire
Solectron Corporation (NYSE:SLR), a leading provider of integrated
electronic supply chain services including design, manufacturing
and aftermarket services, has finalized an agreement with CSA
Medical to manufacture the company�s CryoSpray AblationTM system.
Following eight years of invention, testing, product development
and clinical trials, CSA Medical�s CryoSpray Ablation system is
rolling off the assembly line at Solectron�s Charlotte, N.C.
manufacturing facility. Based in Baltimore, MD, CSA Medical
developed the CryoSpray Ablation system, which freezes and destroys
unwanted tissues found in the esophagus, which, according to
various reports arises from chronic acid reflux. Peer-reviewed
research estimates 65 million U.S. citizens suffer from this
condition. The 10 to 20 minute procedure uses a catheter to
transport and spray liquid nitrogen under low pressure through an
endoscope to freeze the tissue. Solectron's integrated supply chain
services and medical manufacturing capabilities enable CSA Medical
to accelerate time-to-market without making costly infrastructure
investments. In addition to manufacturing the CryoSpray Ablation
system, Solectron manages orders and ships directly to CSA Medical
customers. CSA Medical and Solectron have worked together since
August 2006 to establish an optimized Lean supply chain and
manufacturing process. �We needed a contract manufacturing partner
with deep medical device expertise, complex systems mastery, and
end-to-end manufacturing and supply chain capabilities," said
Freddy Cannady, vice president, Operations, CSA Medical. "Solectron
met this criterion, and has been, and will continue, to be a valued
partner throughout this process.� �CSA Medical�s CryoSpray Ablation
System is an innovative approach to treating patients with
esophageal diseases, and we�re proud to partner with them to help
bring this product to market," said Dave Busch, vice president,
medical, Solectron. �Medical device firms are under tremendous
pressure to quickly develop high quality products that meet
physician and patient needs. Solectron is able to provide customers
like CSA Medical with the supply chain expertise and the
manufacturing flexibility that their complex products require in a
rapidly changing clinical environment.� �Solectron truly lives a
Lean Six Sigma culture. This has made it easier to integrate our
world-class product with a contract manufacturer that maintains
compliance with stringent U.S. and international regulatory
requirements, and utilizes highly efficient and precise continuous
flow techniques. In my experience, few do this well,� added
Cannady. �We needed a contract manufacturer who could provide
one-stop support and complete system-level integration. We utilized
Solectron�s packaging and testing site in Columbia, S.C. to design
our �green� packaging to ensure our product arrives safely anywhere
in the world and can be cycled back to manufacturing for continuous
reuse.� Safe Harbor This release contains forward-looking
statements within the meaning of Section 27A of the Securities Act
of 1933, as amended, and Section 21E of the Securities Exchange Act
of 1934, as amended, including, but not limited to, the�successful
manufacture and distribution of the CryoSpray Ablation system.
These forward-looking statements involve a number of risks and
uncertainties, and are based on current expectations, forecasts and
assumptions. Actual outcomes and results could differ materially.
These risks and uncertainties include: unanticipated challenges
relating to manufacturing medical products;�supply chain management
and logistics issues; product issues�or problems relating to the
design of the product; business disruptions; the present and future
strength of the worldwide economy overall, and�the market for this
medical product in particular; variations in demand forecasts and
orders; and our ability to retain key personnel. For a further list
and description of risks and uncertainties, see the reports filed
by Solectron with the Securities and Exchange Commission. Solectron
disclaims any intention or obligation to update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise. About CSA Medical CSA Medical, Inc. is
committed to bringing the proven science of cryotherapy to
Endoscopy. The CSA� System allows therapeutic endoscopists to have
the ability to quickly and easily ablate unwanted tissue. The CSA�
System utilizes a patented, FDA cleared technology that regulates
and transports a low-pressure cryogen through a 7 French catheter
that is easily passed through a standard endoscope. This rapid
delivery system of repetitive freeze-thaw cycles has been shown in
clinical studies to ablate pre-cancerous and cancerous cells with
subsequent re-growth of normal esophageal epithelium. CSA Medical
is privately held and headquartered in Baltimore, Maryland
(www.CSAmedical.com). About Solectron Solectron Corporation is one
of the world�s largest providers of complete product lifecycle
services. We offer collaborative design and new product
introduction, supply chain management, Lean manufacturing and
aftermarket services such as product warranty repair and
end-of-life support to leading customers worldwide. Solectron works
with the world's premier providers of networking,
telecommunications, computing, storage, consumer, automotive,
industrial, medical, self-service automation and aerospace and
defense products. The company's industry-leading Lean Six Sigma
methodology (Solectron Production System�) provides OEMs with
quality, flexibility, innovation and cost benefits that improve
competitive advantage. Based in Milpitas, Calif., Solectron
operates in more than 20 countries on five continents and had sales
from continuing operations of $10.6 billion in fiscal 2006. For
more information, visit us at www.solectron.com. Note: SOLECTRON
and the Solectron logo are registered trademarks of Solectron
Corporation.�The Solectron Production System, SPS, and Solectron
Supply Chain Solutions Suite are also trademarks of Solectron
Corporation.�Other names mentioned are trademarks, registered
trademarks or service marks of their respective owners.
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