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LFTC-- Walgreens orders Cholesterol Monitor
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[QUOTE]Originally posted by WinsumLosesum: [QB] TUESDAY, JUNE 08, 2004 FDA Grants Clearance for New Diagnostic Technology; Lifestream Technologies Obtains 510k Clearance for Recently Patented Technology - BusinessWire 6:30 AM FALLS, Idaho--(BUSINESS WIRE)--June 8, 2004--Lifestream Technologies, Inc. (OTCBB:LFTC), a leading developer and marketer of consumer cholesterol monitors and professional screening instruments, announced today that it has received clearance from the FDA to sell its innovative cholesterol monitor incorporating the "Health Risk Assessment" to consumers. This revolutionary technology enables consumers to not only track cholesterol levels, but also calculate their personal risk of heart attack, obesity, etc. The newly patented technology allows the user to obtain a full Health Risk Assessment after taking a three-minute total cholesterol test and inputting eight additional risk factors including: gender, age, height, weight, diabetic status, smoker/non-smoker, systolic and diastolic blood pressure, and HDL break-out from a recent lipid profile. The Health Risk Assessment (HRA) shows the user's risk of a heart attack if no changes are made to alter one's behavior or lifestyle. In addition, the monitor also allows the user to evaluate different outcome models by altering the inputs (i.e. smoker vs. non-smoker). "Clearance by the FDA allows our innovative approach to home testing to bring new meaning for individuals seeking to take control of their heart health," said Christopher Maus, CEO of Lifestream Technologies. "Assessing numerous components related to heart health at one time takes home testing to a new level and gives individuals clear and meaningful information to support their efforts to change." According to the former head of preventive cardiology at the Cleveland Clinic Foundation, Dennis L. Sprecher, M.D., feedback strategies have been particularly valuable in promoting compliance with personal health maintenance practices, such as exercise and diet, as well as careful daily use of medications. "The Framingham Heart Study, National Institute of Health, NCEP, as well as other organizations, are increasing their focus more on total risk analysis, particularly regarding obesity, smoking, elevated cholesterol and blood pressure as an expression of heart health. We see our new technology well positioned to support the government's public health initiatives to get people to take control of their health," stated Jackson B. Connolly, vice president product development at Lifestream Technologies. "The availability of this type of risk factor calculation brings home the impact of cholesterol on the overall risk of developing heart disease and gives patients the tools they need to see the impact of various lifestyle issues on the likelihood of developing heart problems. It also makes the activity of measuring cholesterol more relevant and meaningful," said Dr. Boyd Lyles, director of the Heart Health and Wellness Center in Dallas, TX. Clearance by the FDA of the Lifestream "Health Risk Assessment" monitor is the result of a one-year evaluation of the scientific evidence supporting the safe and effective use of this monitor. The monitor will be available to consumers in late June 2004 via [URL=http://www.knowitforlife.com]www.knowitforlife.com[/URL] or 1-888-954-LIFE (5433) and will be available through other distribution channels later this year. To request a product demonstration video feed, email gerriv@lifestreamtech.com. About Lifestream Technologies The Company developed and currently markets a line of cholesterol monitors to consumers and healthcare professionals that provide test results in three minutes. The Company's product line aids the health conscious consumer in monitoring their risk of heart disease. By regularly testing cholesterol at home, individuals can monitor the benefits of their diet, exercise and/or drug therapy programs. Monitoring these benefits can support the physician and the individual's efforts to improve compliance. Lifestream's products also integrate a smart card reader further supporting compliance by storing test results on an individual's personal health card for future retrieval, trend analysis and assessment. Lifestream's monitors are affordable, hand-held devices that provide users with accurate results in less than three minutes. The product line has been designed to accommodate The Data Concern(TM) Personal Health Card(R) allowing multiple users the ability to store their personal results. Lifestream's products are now available in pharmacy and retail outlets nationwide. To find retailers that carry Lifestream's products, go to "Store Locator" on [URL=http://www.knowitforlife.com]www.knowitforlife.com[/URL] or contact Customer Care at 888-954-LIFE. For Company information, visit [URL=http://www.lifestreamtech.com]www.lifestreamtech.com[/URL] This news release includes certain forward-looking statements... [This message has been edited by Allstocks (edited June 08, 2004).] [/QB][/QUOTE]
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