Photos: Medingo Introduces Solo(TM) MicroPump Insulin Delivery System at the American Association of Diabetes Educators Meeting After Receiving FDA Clearance


YOQNEAM, Israel, Aug. 5 -- Medingo US, Inc. announced today that it will introduce its miniature, tube-free insulin delivery system, the Solo MicroPump, at the American Association of Diabetes Educators Meeting in Atlanta, GA, August 5-8, 2009. The company received its FDA clearance letter (K090245) on July 28, 2009.

The Solo MicroPump will be the smallest, lightest, most discreet full-featured insulin pump on the market. In addition, it will offer highly desired pump features, such as detachability and the ability to bolus directly on the MicroPump.

"We are extremely pleased to have achieved this major milestone for Medingo," commented Ofer Yodfat, MD, Founder of Medingo.

"We designed Solo with input from hundreds of insulin-requiring people with diabetes and their caregivers. As a result, we believe Solo offers people with diabetes significantly greater freedom and flexibility in the management of their condition. In addition, our "pay-as-you-pump" pricing model will allow easier access to Solo through a very low upfront cost."

About Medingo

Medingo develops products specifically for the needs of people with diabetes. The Medingo technology may serve as a platform for other medications.

Medingo's Israeli headquarters are located in Yoqneam, and its U.S. headquarters are in Tampa, FL. Its major shareholders are Elron Electronic Industries Ltd. (Nasdaq & TASE: ELRN) and RDC Rafael Development Corporation, Ltd.

For more information, please visit www.solo4you.com

CONTACT: Kim Stebbings, EVP Sales and Marketing, Medingo(TM) US, Inc., +1-720-560-0533, kims@medingo.com

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