American Scientific Resources Announces Additional Purchase Order Shipment to Israel

American Scientific Resources, Incorporated (the “Company”) (OTCBB: ASFX) announced that it is today shipping another order of KidzMed VeraTemp non-contact thermometers to Israel. The order for approximately 500 KidzMed VeraTemp thermometers is the third order from Shaag Medical Group. “We initially worked with Shaag because of its strong position in the Israeli medical supply field, but it has proven to have links to the retail segment as well,” says Marc Massoglia, Senior Vice President of Sales of the Company. The KidzMed VeraTemp thermometer uses advanced thermometry technology to instantly measure an individual’s temperature simply by pointing the device at the individual’s forehead and touching a button. By being non-contact, the KidzMed VeraTemp thermometers provide instant measurement without wasteful or costly probe covers.

“In addition to this order of the retail version of the thermometers, we have received significant indications that the VeraTemp+, the professional version of the thermometers, is being accepted in Israeli clinical healthcare markets,” states Mr. Massoglia. “Shaag has met their contractual volume commitment for this year, but has shown indications that more orders may follow this year.” Eyal Greenbaum, CEO of Shaag Medical Group, states, “I believe that the VeraTemp thermometers will sell well in Israel."

About Shaag Medical Group

Founded in 1992 by Eyal Greenbaum, Shaag Medical Group (“Shaag”) is a privately held company located in Jerusalem. In addition to the newly formed subsidiary of Shaag, the medical group includes four separate companies, namely:

Shaag Medical Services Ltd., which specializes in resuscitation, trauma and emergency medicine training equipment; monitoring equipment, respiratory equipment and AED defibrillators;

Shaag Medical Clinics Ltd., which operates two separate multi-disciplinary medical clinics that employ 50 professional doctors, nurses and staff to serve more than 10,000 individuals;

Gaya Medical Ltd., which is a medical equipment company that focuses on aesthetic and plastic surgery, diagnostic electronic equipment such as monitors, ECG’s, blood pressure monitors and all related disposable and consumables, neurology equipment and vascular devices; and

G3 Medical Projects, which focuses on telemedicine and providing fully integrated turn-key medical services packages, including consulting, planning, designing, purchasing, installing and training and servicing solutions through its team of doctors and experts, service engineers and financial CPA's.

About American Scientific Resources, Inc.

American Scientific Resources, Incorporated (the “Company” or “American Scientific Resources”) is a purpose-driven consumer product manufacturer specializing in the clinical, home healthcare, infant and juvenile products industries. The Company sources and designs innovative health and safety products and develops advanced technology and intellectual property. The Company’s products, which include infrared thermometers and safe disposal systems for home use of sharps and needles associated with certain health care issues, are distributed through established relationships in-house and through an ever growing network of leading global healthcare distributors and retailers. Brands under the American Scientific Resources umbrella include KidzMed, Disintegrator Plus and VeraTemp.

For more information, visit the Company’s websites at www.americansi.com, www.kidzmed.com and www.disintegratorplus.com.

Forward Looking Statements

The information contained herein includes forward-looking statements. These statements relate to future events or to the Company’s future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond the Company’s control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects the Company’s current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to the Company’s operations, results of operations, growth strategy and liquidity. The Company does not assume any obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future, unless required by law. The safe harbor for forward-looking statements contained in the Securities Litigation Reform Act of 1995 protects companies from liability for their forward-looking statements if they comply with the requirements of said Act.

American Scientific Reso... (CE) (USOTC:ASFX)
Historical Stock Chart
From Oct 2024 to Nov 2024