Golden Valley Development, Inc. Announces Contract to Produce Final Percuguard Medical Device Prototype
April 03 2012 - 2:00AM
Business Wire
Golden Valley Development, Inc. (OTC:
GVDI) (www.goldenvalleydev.com) is pleased to announce the
signing of top plastics design engineer Tom Beaumont, for the
purpose of preparing the final computer-aided designs and materials
assembly for the Percuguard needle stick prevention device
prototype. Mr. Beaumont will be involved in the prototype
development and the near-term introduction of PercuguardTM into
broad dental and medical markets, which together exceed one billion
applications annually.
Mr. Beaumont, an industrial designer for over 30 years,
including over 20 years at Motorola, with over 52 lifetime design
and utility patents to his name, is developing the design and
pre-production parts for the Percuguard Finger Guard Needle Stick
Prevention Product. The innovative new design approach
provides reliable needle stick protection in indicated applications
with comfort, flexibility, low cost and ease of use. The
latest tooling and manufacturing techniques will be implemented in
conjunction with state of art material applications. The new
Percuguard will be designed to be aesthetically pleasing, safe,
effective and cost effective to satisfy the dental and medical
provider end user.
Kevin Sorrels, D.D.S., CEO of GVDI, stated, “We are excited to
bring Tom on board. The design changes as demonstrated in the
prototype will provide the healthcare worker with protection and
allow for manual dexterity and tactile sensitivity. Tom brings
years of hard experience and a remarkable success to our production
team.”
Tom Beaumont remarked, “I am pleased to be able to develop this
exciting technology – since the product provides a solution for
accidental needle sticks in medical and dental procedures where
other approaches have fallen short.”
About Golden Valley Development,
Inc.
Golden Valley Development, Inc. is a publicly-traded product
development and technology licensing company based in Clearwater,
FL. Through two of its wholly-owned subsidiaries, its business plan
is to manufacture and market patented products in the health care
and home consumer markets, beginning with its first two products,
“Cut Stop”TM and “PercuGuard”TM.
Forward-Looking Statements
Portions of this press release contain forward-looking
statements and involve risks and uncertainties that could
materially affect expected results of operations, liquidity, cash
flows and business prospects.
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