This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

EDAP Lithotripters Exclusively Registered By French Government Public Purchasing Agency (UGAP)

LYON, France, Dec. 7, 2010 (GLOBE NEWSWIRE) -- EDAP TMS SA (Nasdaq:EDAP), the global leader in therapeutic ultrasound, reported today that its Sonolith lithotripter products, including Sonolith i-sys and Sonolith i-move, has been exclusively registered by UGAP, the French Public Purchasing Agency. UGAP is the government agency charged with evaluating devices, selecting providers and referencing technologies in all sectors, particularly the healthcare sector.

Experts from UGAP regularly organize tender offers to tightly assess and compare costs and performance of existing technologies. This process facilitates the purchasing cycle of all public organizations, particularly hospitals and clinics. When UGAP exclusively registers a device and recommends its technology as a reference, it validates the superiority of the equipment and its performance. Based on this registration, hospitals and clinics do not need to follow normal tender regulations, hence benefiting from a fast-track process and eliminating competition.

Pierre Reboul, Sales Director of EDAP TMS France, commented, "We are very enthusiastic about UGAP exclusively selecting our lithotripsy range of products. This recommendation facilitates and accelerates purchasing cycles for our French clients, avoiding a lengthy consulting and bid process. UGAP's endorsement is a strong validation of EDAP's business in France, and particularly its leadership in lithotripsy."

Marc Oczachowski, Chief Executive Officer of EDAP TMS, added, "For more than thirty years, EDAP has been offering a broad range of innovative lithotripters, regularly updated to adapt to state of the art technology and urologists needs. This recommendation and the addition of LUMENIS Holmium lasers, already selected by UGAP, will allow EDAP to offer a complete and performing range of urology products in France."

About EDAP TMS SA

EDAP TMS SA develops and markets Ablatherm, the most advanced and clinically proven choice for high-intensity focused ultrasound (HIFU) treatment of localized prostate cancer. HIFU treatment is shown to be a minimally invasive and effective treatment option with a low occurrence of side effects. Ablatherm-HIFU is generally recommended for patients with localized prostate cancer (stages T1-T2) who are not candidates for surgery or who prefer an alternative option, or for patients who failed radiotherapy treatment. Approved in Europe as a treatment for prostate cancer, Ablatherm-HIFU (High Intensity Focused Ultrasound) is currently undergoing evaluation in a multicenter U.S. Phase II/III clinical trial under an Investigational Device Exemption granted by the FDA, the ENLIGHT U.S. clinical study. The Company also is developing this technology for the potential treatment of certain other types of tumors. EDAP TMS SA also produces and commercializes medical equipment for treatment of urinary tract stones using extra-corporeal shockwave lithotripsy (ESWL). For more information on the Company, please visit http://www.edap-tms.com, http://www.hifu-planet.com.
CONTACT:  EDAP TMS SA
          Investor Relations / Legal Affairs
          Blandine Confort
          +33 4 72 15 31 72
          bconfort@edap-tms.com

          The Ruth Group
          Investors:
          Stephanie Carrington 
          646-536-7017
          scarrington@theruthgroup.com

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

DOW 17,619.51 +23.16 0.13%
S&P 500 2,063.12 +5.48 0.27%
NASDAQ 4,986.8670 +28.3990 0.57%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs