BPI IndustriesNEWS RELEASES
BPI Industries Inc.
650 West Georgia Street, Suite 610,
Vancouver, B.C. V6B 4N7
SYMBOL : BPR.V
Tel : 604-685-8688 Fax : 604-683-1797
For Immediate Release, March 1, 1998
BPI INDUSTRIES INC. (the "Company") (BPR - VSE) is pleased to announce the
latest developments from its 10.98594% owned subsidiary, Pyng Medical Corp.
BPI INDUSTRIES INC. (the "Company") (BPR - VSE) is pleased to announcethe latest
developments from its 10.98594% owned subsidiary, Pyng Medical Corp., an
investment the Company made a number of years ago. Pyng has made significant
advances in the development and marketing of its Intraosseous Infusion device, the
F.A.S.T. 1tm. Management offers congratulations and wishes continued success for the
future. The following was announced by
Pyng Technologies Corp., on February 27, 1998.
PYNG TECHNOLOGIES CORP. PYT.V NEWS RELEASE Feb 27, 1998
NATO APPROVAL
Pyng Technologies Corp. is pleased to announce that subsidiary Pyng Medical Corp
has received from National Defense Headquarters, a NATO Commercial and
Government Entity (NCAGE) Code number 3AM69.
The Code Number 3AM69 has been assigned in favour of Pyng Medical Corp. from the
Directorate of Cataloguing which allows NATO members acquisition and informational
details on the F.A.S.T 1TM System for Intraosseous Infusion through the NATO
Cataloguing System. This NATO number follows the recently announced National
Stocking Number from the US Military Central Defence Supply Center
(#6516-01453-0960)
The F.A.S.T 1tm developed by Pyng Medical Corp. is the only FDA approved
Intraosseous Infusion System for Sternal access in Adults. The System allows vascular
access to be achieved within 90 seconds inclusive of delivery of drugs or life saving
fluids when conventional methods fail or are not available due to shock and trauma.
Pyng Medical Corp. has worked extensively with the US Military and has received
Ethical approval for field trials on the F.A.S.T 1TM System in both Canada and the US.
Pyng Medical Corp. staff members are currently preparing to travel to Baltimore,
Maryland to train Emergency Physicians and Nurses at the University of Maryland
Medical Center for field trials. Training on the F.A.S.T 1tm System has already been
completed at St. Paul's Hospital in Vancouver and at Royal Columbian Hospital in New
Westminster, B.C. with initial production units delivered for use.
Pyng Medical Corp. is 90 percent owned by Senior Board Listed Pyng Technologies
Corp. (PYT.V) and 10 percent by BPI Industries Inc. (BPR-V) both listed on the V.S.E