CORPUS CHRISTI, Texas, Feb. 27, 2006 (PRIMEZONE) -- CSMG Technologies, Inc. (OTCBB:CTUM) announced today that Dr. Anatoly Makarov, holder of Thoracic Surgery and pulmonology chair at Kiev Medical Academy for Postgraduate Studies, has successfully completed breakthrough lung resection procedures using the company's platform live biological tissue welding/bonding technology.
CSMG owns the technology and exclusive world rights to the medical device through Live Tissue Connect, Inc. (LTC), a subsidiary corporation formed for the development and exploitation of the platform technology.
Makarov said, "Using the tissue welding technology for lung resection is faster, results in less bleeding and does not require staples, sutures, glues or sealant. There is higher reliability for a leak-proof seal than competitors and has almost no probability of infection. Out of 400 surgeries at my clinic using the tissue welding technology, I cannot recall one incidence of infection."
Donald S. Robbins, president and CEO of CSMG, said, "The big advantage of this breakthrough is a shortened surgery time and that no foreign matter is left in the lung. The surgery leaves the healthy lung lobe portion functional in the body while removing the diseased lung lobe tissue."
The tissue welding/bonding technology for repair and reconnection of tissue and hollow organs is smokeless, with little heat migration in the tissue, results in no necrosis and is without the use of foreign matter or conventional wound-closing devices, such as of staples, sutures, glues or sealant. The procedures are almost bloodless. Unlike other tissue coagulation methods that tend to destroy tissue by charring, searing and necrosis, the CSMG-patented technology bonds and reconnects incised tissue using a patented low-heat delivery method aimed at restoring the normal functions of the live organs and tissue. The technology leaves little or no scar visible to the naked eye.
About CSMG Technologies' Tissue Welding/Bonding Technology
Surgeons at 10 Ukraine hospitals and clinics are using the tissue welding/bonding technology in clinical trials, have completed more than 5,000 human surgeries using almost 70 types of open and laparoscopic surgical procedures and demonstrated that the technology is universal in its ability to repair soft biological tissue. These surgeries included lung, neuro-surgery, nasal septum, intestine, stomach, skin, gall bladder, liver, spleen, blood vessels, nerves, alba linea, uterus, bladder, gynecology, fallopian tube, ovary and testicles, dura-matter, with little or no scarring, while restoring the normal function of the body organ or tissue.
The technology was invented and developed at the internationally renowned E.O. Paton Institute of Electric Welding, National Academy of Sciences of Ukraine at Kiev, Ukraine, headed by Professor B.E. Paton. United States and Australia patents have been issued with other U.S. and foreign patents pending.
About CSMG Technologies
CSMG Technologies maintains offices in Corpus Christi, Texas; Washington D.C.; Atlanta, Ga.; and Kiev, Ukraine. For CSMG's stock quotes, visit http://www.otcbb.com. For more information, visit http://www.ctum.com, e-mail publicrelations@ctum.com, or contact Don Robbins at (361) 887-7546.
Additional information about CSMG can be found at http://www.ctum.com or e-mail publicrelations@ctum.com. An online investor kit containing CSMG press releases, SEC filings, current Level II price quotes, interactive Java, stock charts and other useful information for investors can be found at http://www.hawkassociates.com/csmg and http://www.hawkassociates.com/csmg/kit.htm.
Investors may contact Don Robbins or K. Bruce Jones, CSMG, at (361) 887-7546, e-mail: publicrelations@ctum.com, or Frank Hawkins or Julie Marshall, Hawk Associates, at (305) 451-1888, e-mail: info@hawkassociates.com.
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