SOURCE: IO NewsWire

IO NewsWire

November 16, 2010 07:30 ET

(OTCBB: MFTH) Patented Technology Aims at Reducing Unauthorized Drug Administration

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by the IO News Wire

NEW YORK, NY--(Marketwire - November 16, 2010) - Medisafe 1 Technologies Corp. (OTCBB: MFTH), a patent holder of a unique locking mechanism for hypodermic needles, has recently announced the tremendous attention it received at the HealthAchieve Conference on November 8th through the 10th.

Wrongful medication administration has been estimated at nearly 8,000 deaths a year in the US alone. Medication errors account for 1 in 131 outpatient deaths and 1 in 854 inpatient deaths.

But utilizing Medisafe 1 technology, hospitals and care givers can help reduce the number of deaths by ensuring the correct dosage and drug is given to the right patient.

For more information please visit www.medisafe1.com

Other active stocks are Unilife (NASDAQ: UNIS) Sharps Compliance Corp (NASDAQ: SMED) and Fidelis Energy Inc (OTC: FDEI)

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