Tactex Controls Announces License Deal with Hill-Rom
Posted on: Wednesday, 24 December 2003, 06:00 CST
VICTORIA, BC, Dec. 24 /PRNewswire-FirstCall/ -- Tactex Controls Inc., (http://www.tactex.com/, TSX Venture:TTX), the developer of patented fibre optic based Kinotex(R) products, today announced it has signed an agreement with Hill-Rom which involves an advance payment of $1.5M U.S. to Tactex. Other commercial terms of the agreement have not been disclosed.
About Tactex
Tactex develops and manufactures Kinotex(R) - an innovative pressure sensing technology based on fiber optics, that was originally created for the Canadian Space Agency. Kinotex(R) enables a new class of Input Devices and Pressure Sensors, which allow expressive human touch control, and patient monitoring and diagnostic products.
About Hill-Rom
Hill-Rom provides caregivers with comprehensive solutions to help them safely deliver effective and efficient care to their patients in acute care; long term care and home care environments. These solutions can include: facility assessments, patient beds, stretchers, therapy surfaces, communication systems, headwalls and lighting systems. The company also offers expert, clinical and equipment services and programs that can help improve asset productivity, operational efficiency and patient outcomes. Hill-Rom's global headquarters is based in Batesville, Ind., and employs approximately 6,000 people worldwide. It is an operating company of Hillenbrand Industries . For more information, visit http://www.hill-rom.com/.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this press release.
Tactex Controls Inc.
CONTACT: Dr. Robert Inkster, President and CEO,rob@tactex.com, Tactex Controls Inc., (250) 480-1132
Related Articles
- Study Finds Portable CT Significantly Reduces Cost and Improves Care of ICU Patients
- Hill-Rom Takes Comprehensive Approach to Patient Safety
- Pharmacy Management Initiative in 19 States Strives for Best Possible Care for Medicaid Patients
- Seattle Clinic Receives National Recognition for Care of Diabetes Patients
- Hill-Rom Hosts National Bariatric Conferences to Help Health Care Providers Care for Heavier Patients
- Care for AIDS Patients
- Integrated Systems Improve Medical Care and Control Costs According to New Research at Stanford Business School
- Problems That Extend Visit Time and Cost in Diabetes Care: 1. How Depression May Affect the Efficacy and Cost of Care of Diabetic Patients
- Treatment Forms Promote Better Care for Stroke Patients
- Preplanning With Protocols for Skin and Wound Care in Obese Patients
 |
 |
User Comments (0)
RSS Feeds