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Surgicount Medical, Inc., Featured on Discovery Health Channel's Special Report on Patient Safety

02/09/2005

SANTA MONICA, Calif. -- Franklin Capital Corporation announced that SurgiCount Medical, Inc.'s new Safety-Sponge™ System will be highlighted on the Discovery Health Network during the month of February. As previously announced, the company and SurgiCount Medical, Inc. have entered into a definitive agreement containing the terms and conditions upon which, subject to the satisfaction of certain customary closing conditions, SurgiCount will become a wholly owned subsidiary of the company.

"When Surgical Tools Get Left Behind" is an hour-long report about the various problems surgeons and patients face as a result of the growing difficulty of tracking medical instruments in operation rooms. Featuring Dr. Atul Gawande, a Harvard Medical School expert on surgical errors, the show discusses and relives the results of retained gauze and medical tools in patients, and stresses the absolute need for new technologies to solve this rare but serious problem.

SurgiCount's Safety-Sponge™ System, a new innovation that allows for faster and more accurate counting of surgical sponges, has obtained FDA 510(k) exempt status and has passed required FDA biocompatibility tests including ISO sensitization, cytotoxicity and skin irritation tests.

Source: Business Wire


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