SCHOOL
HEALTH® CORPORATION HELPS FUND PHOTOSCREENER MODIFICATIONS
New style
film will provide the end user with a clearer image at a more affordable
price.
Riviera
Beach, Fla., Feb 21, 2002 -
Medical
Technology & Innovations, Inc (MTIV.OB), the company known for innovative
medical devices and products, announced today new plans to adapt current
PhotoScreeners to accept a new film format. School Health® Corporation
of Hanover Park, Illinois, the exclusive distributor of the PhotoScreener
to schools and public health departments, contributed to the costs of the
modifications.
The PhotoScreener is a unique and patented vision-screening device
and is the first portable screening device that can detect all refractive
errors, media opacities (such as cataracts), anisometropia, strabismus and
astigmatism. PhotoScreener is the first device that allows vision
screening to be carried out almost anywhere. Among its features are the
ease of use, low operating cost, and the use of instant film. Additionally
it is easily operated by non-professionals and costs thousands of dollars
less than other screening devices. "Since
product introduction, we have delivered about four thousand PhotoScreeners
to an eager marketplace. We were determined to find a solution to the uncertainty
of the current Polaroid film situation," stated MTI Chairman and Chief
Executive Officer Jeremy P. Feakins. "We received many calls from customers
encouraging us to work out a solution so the PhotoScreener could accept
a different type of instant film with the same high standards. During the
recent reorganization filing by the Polaroid Corporation, we were informed
that the type 337 film, currently used in the PhotoScreener, would
not be manufactured beyond the middle of this year. We simply had to find
a way to keep the PhotoScreener in business".
Mr. Feakins added: "Our engineers have successfully worked on a solution
to the problem with Polaroid Corporation, and we have developed the means
to modify current PhotoScreeners at our production facility. MTI is committed
to providing a smooth process to our users. We very much appreciate Polaroid's
contribution to the retrofit program even during their current hardship"
"We also appreciate the much needed financial cooperation of our primary
distributor, School Health®" continued Mr. Feakins. Mr. Rob Rogers,
Vice President of School Health®, stated:" We are pleased to assist
our business partner MTI in finding a solution to the PhotoScreener
modifications. We believe that the social benefit of PhotoScreening far
outweighs the commercial value and we are committed to the program"
During the course of the Polaroid reorganization, the decision was made
to discontinue production of the unprofitable film lines, including the
337 film. According to Ed Gaffney, Senior Manager at Polaroid Corporation,
"the new style film, 667, will provide the end user a clearer image
and a more affordable price. The 667 film has been in production for many
years and Polaroid has no plans to discontinue production in the foreseeable
future. There are just too many applications out there using the 667 film."
For details on how to return the PhotoScreener to MTI for modifications,
customers are invited to call the PhotoScreener Hotline: 1-800-277-1710,
or visit www.photoscreener.com and navigate to the section 'PhotoScreener
Retrofit'. Electronic registration and payment details for the modification
can also be found on the website.
About MTIV
Medical Technology & Innovations, Inc. is the parent company of Steridyne
Corporation and Medical Technology, Inc. In addition to the PhotoScreener
, the Company manufactures and distributes product lines including
probe covers, sheaths, hot and cold gel packs, wound management products,
temperature taking products and anti-decubitus devices. The Company sells
its products to hospitals, medical offices, nursing homes and retail outlets.
About School Health Corporation
School Health® Corporation, Hanover Park, Ill., is the leading provider
of health supplies and vision and hearing screening instruments to schools,
public health departments and medical clinics. The company strives to educate
communities and professionals about various health issues that may affect
children. Founded in 1950, School Health® Corporation achieved success
by focusing on the needs of its customers and by broadening its product
line. Located in Hanover Park, Ill., School Health® Corporation has
a 50,000 square-foot brick and mortar facility well equipped to fulfill
orders generated through its national sales force, direct mail catalogs
and three websites: www.schoolhealth.com,
www.esportshealth.com, and www.healthgiant.com.
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