Longport (CE) (USOTC:LPTI)
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From Dec 2019 to Dec 2024
Longport, Inc. (OTC PK: LPTI), a medical technology specialist in
high-frequency high resolution ultrasound imaging, today announced
interim results from a cost benefit study supporting the use of its
EPISCAN I-200 system as an evidence based pressure ulcer prevention
tool. Study results showed an expected cost-savings per at-risk resident
of $5,341.00 per year with use of the EPISCAN in concert with current
practice standards for pressure ulcer prevention when compared to
current pressure ulcer prevention measures alone. Statistical Analysis
using Monte Carlo simulation showed the use of the EPISCAN Ultrasound
diagnosis to be the preferred option 73.7% of the time and that the
decision to use the EPISCAN was very robust and changed only when the
incidence of pressure ulceration was below 3.0% in the standard
evidence-based group.
The study, which is still on-going, is being undertaken at an extended
care rehabilitation nursing home in upstate New York. These interim
findings are being presented by Ron Shannon, the principal investigator
at the Symposium on Advanced Wound Care (SAWC) and The Wound Healing
Society (WHS) meeting in Tampa, Florida (April 28 –
May 1, 2007).
Mr. Shannon said, “The timing is right for a
cost-effective, diagnostic tool that will give early insight into
non-visible pressure ulcer injury so treatment and prevention can begin
early. The morbidity associated with the development of pressure ulcers
increases patient suffering, nurses’ workload
and risk of death. Pressure ulcers also increase the length of stay and
resultant expense of hospitalization, hardly affordable consequences in
today’s era of health care economics. We
conclude that the EPISCAN, in extended care rehabilitation units, is a
cost-benefit to providers for preventing costly pressure ulcers.”
Connie Phillips-Jones, RN, MSN, Director of Clinical Support, said, “This
is an exciting conclusion and supports the use of the EPISCAN I-200 and
will contribute to clinical acceptance based on evidence.”
Further details on this presentation and other clinical study papers can
be viewed at the News section of Longport’s
WEB site.
http://www.longportinc.com/about/news.html
About Longport, Inc.
Longport, Inc. of Glen Mills, Pennsylvania, is a medical technology
company that specializes in high resolution ultrasound imaging. After
several years and a multi-million dollar investment in the technology,
Longport has secured patents, copyrights and FDA permission to market.
The Company’s technology has been used to
engineer a unique high resolution ultrasound imaging system. For further
information please contact Longport, Inc. at 1-800-289-6863 or visit our
website at www.longportinc.com.
Forward-looking Information and the Private Securities Litigation
Reform Act of 1995
Certain statements in this press release, including statements
concerning product development milestones and anticipated events, are “forward-looking
statements” within the Private Litigation
Reform Act of 1995. Forward Looking Statements are based on the
opinions and estimates of management at the time the statements are made
and are subject to certain risks and uncertainties that could cause
actual results to differ materially from those anticipated in the
forward-looking statements. The words “believe,”
“expect,” “intend,”
“anticipate,”
variations of such words, and similar expressions identify
forward-looking statements, but their absence does not mean that the
statement is not forward-looking. These statements are not
guarantees of future performance and are subject to certain risks,
uncertainties and assumptions that are difficult to predict. Factors
that could affect Longport’s actual results
include, among others, uncertainties as to the Company’s
ability to manage potential problems, delays or anticipated expenses,
including problems, delays or expenses involving manufacturing. Readers
are cautioned not to place undue reliance upon these forward-looking
statements that speak only to the date of this release. Reference
is made to Longport’s 2004 annual report on
Form 10-K filed with the Securities and Exchange Commission for a more
definitive description of such factors. Longport, Inc. undertakes
no obligation to update publicly any forward-looking statements to
reflect new information, events or circumstances after the date of this
release or to reflect the occurrence of unanticipated events.