Press Release Summary:
Featuring clean and smooth construction, V2 Nitinol tubing is designed in sizes below .020 in. ID. It combines dynamic superelastic properties of Nitinol with diameter sizes that facilitate further upstream anatomy procedural capabilities. Flexible product features thermal shape memory and is suited for use in healthcare field delivery applications.
Original Press Release:
Memry Corporation Introduces New V2 Ultra Small Diameter Nitinol Tubing
Flexible Shape Memory Tubing Aimed at Medical Device Market
BETHEL, Conn., June 25 -- Memry Corporation (AMEX:MRY), a leading supplier of advanced material components to the medical device industry, announced today the launch of its V2 Nitinol tubing, the company's cleanest, smoothest and smallest diameter tubing.
The V2 Nitinol tube is the smallest diameter tube Memry manufactures, developed specifically for tubing sizes below .020-inch ID. It combines the dynamic superelastic properties of Nitinol with diameter sizes that facilitate further upstream anatomy procedural capabilities.
The introduction of the V2 Tubing Line provides customers with a high-end brand identity distinct from Memry's traditional tubing capabilities.
Robert Belcher, CEO of Memry Corporation, said, "Memry is always striving to meet the rapidly changing needs of today's medical manufacturers. Our new V2 Nitinol tubing is available in a wide range of smaller diameters and also features thermal shape memory to more than exceed our customers' stringent needs. This tubing is so small that to the naked eye it is hard to believe it is actually tubing and not wire."
Dean Tulumaris, president and COO added, "This new tubing line will support our customers and end users in the healthcare field by facilitating access to treatment sites further upstream in anatomical procedures, including, but not limited to neurological and small vessel applications."
"We strive to produce the highest quality advanced materials -- and ultimately superior components -- for our medical device customers," Tulumaris continued. "Our commitment to advancing our Nitinol tubing products will result in expanded capabilities for our customers and for surgical treatments utilizing our products."
Photos of the V2 tubing can be seen at http://hawkassociates.com/mrymore.aspx.
About Memry Corporation
Memry Corporation provides design, engineering, development and manufacturing services to the medical device and other industries using the company's proprietary shape memory alloy and polymer extrusion technologies. Medical device products include stent components, catheter components, guidewires, laparoscopic surgical sub-assemblies and orthopedic instruments as well as complex, multi-lumen, multi-layer polymer extrusions used for guidewires, catheters, delivery systems and various other high-end interventional medical devices. Detailed information about Memry Corporation can be found at http://www.memry.com/.
An investment profile on Memry may be found at www.hawkassociates.com/mryprofile.aspx.
For more information, contact Memry Chief Financial Officer and Treasurer Richard F. Sowerby at (203) 739-1100, e-mail: Richard_Sowerby@Memry.com, or Frank Hawkins or Julie Marshall, Hawk Associates, at (305) 451-1888, e-mail: email@example.com. Copies of Memry Corporation press releases, SEC filings, current price quotes, stock charts and other valuable information for investors may be found at www.hawkassociates.com/ and americanmicrocaps.com/. To receive future releases via e-mail, sign up at www.hawkassociates.com/email.aspx.