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Quill Medical, Inc. And Surgical Specialties Corp. Partner To Develop Aesthetic Surgery Products


10/19/2005 5:11:49 PM

RESEARCH TRIANGLE PARK, N.C., Oct. 13 /PRNewswire/ -- Quill Medical, Inc., a privately held company developing innovative medical devices, and Surgical Specialties Corporation, a leading provider of micro incision and wound closure technology, today announced that the two companies have entered into an exclusive manufacturing and distribution alliance in the field of aesthetic surgery.

The two companies also announced today that FDA clearance has been obtained for the first product from their alliance, Contour Thread(TM), a minimally-invasive product for lifting skin based on Quill Medical's patented self-anchoring suture technology.

Under the alliance, Surgical Specialties will manufacture and market worldwide Quill Medical's suture technology for aesthetic surgery under the trade name Contour Thread(TM). Quill Medical is providing licenses to its extensive patent portfolio along with technology for manufacturing and optimized product design. The companies will also collaborate to develop new products for aesthetic surgery applications. Financial terms of the alliance were not disclosed.

"Surgical Specialties Corporation is an ideal partner to present these exciting new products to dermatologists and plastic surgeons, physicians who are well familiar with the reputation for quality of their Sharpoint(R), and DermaGlide(R) product lines," stated Matthew Megaro, President and CEO of Quill Medical, Inc. Gregory Ruff, MD, Chairman of Quill Medical and the original inventor of self-anchoring suture technology added, "For over 10 years, we have worked to bring this non-invasive surgical device to patients and their physicians. This alliance is an important milestone in achieving that goal."

"We believe there is tremendous interest in Contour Threads(TM) among plastic surgeons and dermatologists as an alternative to traditional invasive cosmetic surgery," stated Pete Molinaro, President of Surgical Specialties Corp. "Our alliance with Quill Medical enables us to develop and market these devices and provide a range of treatment options for physicians and patients."

About Quill Medical, Inc.

Quill Medical is a medical device company located in Research Triangle Park, North Carolina and is developing innovative surgical aids based on its novel and proprietary knot-less, self-anchoring suture technology. The company's products target diverse applications in the fields of wound closure, orthopedic and cosmetic surgery. For more information, visit http://www.quillmedical.com/ .

About Surgical Specialties Corp.

Surgical Specialties Corp. is a private medical device company located in Reading, Pennsylvania and is a leader in the wound incision and closure technology with globally recognized brands, Sharpoint(R) and DermaGlide(R), in the suture and microsurgical knives business sector. Surgical Specialties has an extensive customer base across the medical specialties of all micro incision surgery, Dermatology, Plastic/Aesthetic, Dental, and Ophthalmology. For more information, visit http://www.surgicalspecialties.com/ .

Quill Medical, Inc.

CONTACT: Matthew Megaro, President and CEO of Quill Medical, Inc.,+1-919-806-1961, or info@quillmedical.com



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