EDMONTON, Nov. 28, 2011 /CNW/ - Exciton Technologies Inc. today announced the signing of an exclusive agreement with Medical Mart to distribute the Company's exsalt™ SD7 Wound Dressing throughout
"We are pleased to be offering a Canadian made product through a
successful Canadian distribution company", says Rod Precht, President
and Founder of Exciton Technologies Inc. "Medical Mart is the ideal
partner to distribute our flagship product incorporating Exciton's
platform silver technology".
The arrangement allows Exciton to expand the availability of its
antimicrobial silver wound dressing throughout the entire Canadian
healthcare system, from home health to primary care to emergency units.
Medical Mart has over forty sales representatives, four warehouses and
is recognized as the industry leader in medical product distribution.
"Partnering with Exciton made sense as the market conditions are ideal
to introduce a product with superior attributes over other silver
technologies," says Robert J West, Executive Vice President, of Medical
Mart, "Medical Mart has been providing innovative health care solutions
to Canadians since my father started this company over 30 years ago.
The health care industry has changed significantly since we opened our
doors, and Medical Mart in turn, has grown to accommodate the diverse
requirements of our valued customers."
About exsalt™ SD7 Wound Dressing
The exsalt™ SD7 Wound Dressing is indicated for use on partial and full
thickness wounds, including decubitus ulcers, venous stasis ulcers,
diabetic ulcers, first and second degree burns, grafts and donor sites,
and other acute or chronic wounds. The exsalt™ SD7 Wound Dressing
maintains its broad spectrum antimicrobial activity for up to seven
days. With a long history of safety, silver continues to be the most
promising antimicrobial treatment in the market.
About Exciton Technologies Inc.
Exciton Technologies Inc. is a privately held Alberta advanced materials
research and development company focused on the creation of
technologies for preventing and controlling infection. Currently our
valuable portfolio of patentable platform technologies is based on the
antimicrobial properties of silver. The Company's technologies offer
next-generation and less expensive products, enabling the company to
participate in many industries, including the wound care and
About Medical Mart
A privately-owned Canadian sales, wholesale and distribution company,
Medical Mart provides full service solutions to the health care
industry. Since opening its doors in 1978, Medical Mart has specialized
in meeting the needs of the health care provider, through reliable
service and the promotion of quality products.
This press release may contain forward-looking statements. Forward
looking statements, including the Company's belief as to the potential
of its products, the Company's expectations regarding the issuance of
additional patents and the Company's ability to protect its
intellectual property, involve known and unknown risks and
uncertainties, which could cause the Company's actual results to differ
materially from those in the forward looking statements. Such risks and
uncertainties include, among others, the availability of funds and
resources to pursue research and development projects, the ability to
economically manufacture its products, the potential of its products,
the success and timely completion of clinical studies and trials, the
Company's ability to successfully commercialize its products, the
ability of the Company to defend its patents from infringement by third
parties, and the risk that the Company's patents may be subsequently
shown to be invalid or infringe the patents of others. Investors should
consult the Company's quarterly and annual filings with the Canadian
commissions for additional information on risks and uncertainties
relating to the forward- looking statements. Investors are cautioned
against placing undue reliance on forward-looking statements.
SOURCE Exciton Technologies Inc.
For further information:
| For Exciton Corporate Information: || For Medical Mart Ordering Information: |
| Rod Precht || West 1-866-444-5848 |
| President & Founder || Ontario/Atlantic 1-800-268-2848 |
| Exciton Technologies Inc. || Nfld/Labrador 1-866-444-5848 |
| Phone:780-248-5868 || |
| E-mail:email@example.com || |
| Website: www.excitontech.com || Website: www.medimart.com |