GAINESVILLE, Florida, Dec. 21, 2010 (GLOBE NEWSWIRE) -- Quick-Med Technologies, Inc. (OTCBB:QMDT) announced today that it has successfully completed its joint development program with Foster Corporation, a member of PolyMedex Discovery Group, to collaborate in applying Quick-Med’s proprietary NIMBUS® technology to thermoplastics for catheters and other medical product applications.