Message Font: Serif | Sans-Serif
 
No. of Recommendations: 0
Here is a copy of the info on the new product. As a veterinarian and investor all I can say is...."Where's the money in THAT??"




CNS Expands Nasal Strip Technology to Include Horses; Company to Begin Sales in 4th Quarter

MINNEAPOLIS, Oct. 6 /PRNewswire/ -- CNS, Inc., (Nasdaq: CNXS) is developing a nasal strip that eases the breathing of horses during racing and other high-performance events, the company announced today. The strip performed as expected in an initial clinical trial at Kansas State University, and CNS plans to begin selling it during the fourth quarter of 1999.

According to the KSU test, the FLAIR(TM) equine nasal strip makes breathing easier for horses during strenuous exercise, such as racing or eventing, and can reduce exercise-induced pulmonary hemorrhage (EIPH), a common problem for horses. The company said it planned to conduct additional studies to more completely delineate the benefits of the product.

The patented, drug-free FLAIR strip, developed by two veterinarians, is attached over a horse's nasal passages, where it is held in place by a special adhesive. The strip's spring-like action holds nasal passages open to maximize air flow.

"Horses expend tremendous energy and effort simply to breathe during highly competitive events," said Daniel E. Cohen, chairman and chief executive officer of CNS. "Because the strip reduces the work of breathing, horses experience less physical stress during and after heavy exercise. The inventors of this device clearly have the welfare of the horse in mind."

"Development of the FLAIR equine nasal strip is part of our continued expansion of nasal strip technology and is consistent with the improved breathing benefit of Breathe Right(R) nasal strips," said Marti Morfitt, president and chief operating officer of CNS. She said the company expected that initial sales of the product would be through direct fulfillment and catalogs.

CNS, based in Minneapolis, designs, manufactures and markets consumer products, including the Breathe Right nasal strip. The Breathe Right strip improves breathing by reducing nasal airflow resistance. It can be effective for the temporary relief of nasal congestion due to colds and allergies, in eliminating or reducing snoring, and for the temporary relief of breathing difficulties due to a deviated nasal septum. The company also has entered into several agreements to develop and market certain new consumer products that are in various stages of evaluation and testing.

Some of the information contained in this news release is forward-looking and subject to certain business risks as described in the company's filings with the Securities and Exchange Commission, including its annual report as incorporated by reference in its 1998 Form 10-K.

For more information, contact Curt Swenson of Swenson NHB Investor Relations, 612-371-0000, for CNS, Inc., Daniel E. Cohen or David J. Byrd of CNS, Inc., 612-820-6696.

SOURCE CNS, Inc.

CO: CNS, Inc.

ST: Minnesota, Kansas

IN: MTC HEA SPT

SU: PDT


Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.