QUEBEC, June 21 /CNW Telbec/ - FISO Technologies, a subsidiary of Roctest
Ltd (TSX: RTT) and a leading manufacturer of high-quality fiber optic sensors
was awarded, from a long-standing medical OEM partner, orders for a total
amount of $1.2M for the delivery of fiber optic pressure transducers and
signal conditioners. These first production orders, which represent over
1000 medical systems and thousands of disposable sensors, are to be delivered
over a 9 month period with an anticipation of follow-on purchase activities
once completed in September 2007.
The medical company implemented FISO's FOP-MIV fiber optic pressure
sensor in its new generation product used for heart disease treatments. The
sensor is a key element in the life-supporting device, which received FDA
clearance. The high-performing FOP-MIV is smaller, more reliable and accurate.
It is also easier to use and to integrate into medical devices than
conventional lumen catheter pressure sensors. The FOP-MIV has been especially
designed and tested to fulfill the highest medical performance requirements
and its optical nature makes the sensor immune to electromagnetic field or
radiofrequency interferences regularly encountered in operating rooms or MRI
devices. This sensor can be used in different applications, from human body
fluids pressure measurements for intervention in hospital critical care units,
to animal testing in high EMI environments.
Used in operating rooms for cardiac assist applications, FISO system
provides a high fidelity blood pressure waveform. Equally important, FISO now
offers production volumes with a quality level which meets the highest
standards of the medical industry. "With these new orders, we clearly
demonstrated our capability to produce high-quality optical fiber sensors in
high volume using automated assembly line. We are now working closely with
other medical/industrial OEM partners to ramp up more products in production",
said François Pelletier, VP Sales and Marketing at FISO.
Except for historical information provided herein, the press release may
contain information and statements of a forward-looking nature concerning the
future performance of the Company. These statements are based on suppositions
and uncertainties as well as on management's best possible evaluation of
future events, and as such involve a number of risk factors. Such factors may
include, without excluding other considerations, risks related to foreign
exchange fluctuations, evolution in customer demand for the Company's products
and services, the impact of price pressure from competitors and general market
trends, economics and geopolitical changes.
A more complete discussion of the risks and uncertainties facing the
Company appears in Roctest's 2006 Annual Report under Management's Discussion
and Analysis of Operating Results and Financial Position for fiscal 2006 and
the 2006 Annual Information Form available at www.sedar.com. As a result,
readers are advised that actual results may differ from expected results. The
Company is not required to update or revise publicly its forward-looking
About FISO Technologies Inc.
FISO Technologies Inc. designs, manufactures and markets fiber optic
sensors and high-precision measuring instruments for challenging and demanding
applications in the process control, energy, healthcare and defense markets.
Its products are mainly sold internationally. The Company has more than
60 employees in Quebec and France.
FISO Technologies Inc. news releases and product information are
available on the Internet at: http://www.fiso.com
For further information:
For further information: François Pelletier, VP Sales and Marketing,
(418) 688-8065, firstname.lastname@example.org, www.fiso.com