MONTVALE, N.J., Oct. 24, 2008 (GLOBE NEWSWIRE) -- Ivivi Technologies, Inc. (Nasdaq:IVVI), a leader in non-invasive, electrotherapy systems, today announced that it has signed a non-binding term sheet with RecoverCare, LLC, a nationwide leader in the chronic wound care field, for the exclusive right to distribute, sell and rent the Company's targeted pulsed electromagnetic field (tPEMF(tm)) products into long term acute care hospitals (LTACHs) and VA long term care facilities and other facilities as agreed to by both parties in the United States.
