The Board is pleased to report that on January 20, 2015 our patent legal firm filed a provisional patent application for a new and improved design of the Modular Gas-Actuated Retractable Needle Assembly that uses our PowerPAK PLUS Technology. The PowerPAK PLUS allows the 3rd Generation Syringe to accept various gauge needles for filling and injection. It has several advantages over the previous Modular Gas-Actuated Retractable Needle Assembly including greater efficiency, fewer parts, less cost to manufacture and is aesthetically pleasing.
The PowerPAK PLUS patent application includes an improved design and cost savings for the manufacture of the fixed needle 3rd Generation Syringe.
The Company has also begun two provisional patent applications for two separate designs of Blood Collection Devices using the LOM Retractable Sharps Technology.
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