Beat me, Skyline Medical's STREAMWAY System Now Available

New Post Public Reply Private Reply Replies (0) Message Board
fitzkarz QP #11571
Beat me,
Skyline Medical's STREAMWAY System Now Available to U.S. Federal Government Facilities through MUNRO Enterprises LLC
42 minutes ago - DJNF
Skyline Medical's STREAMWAY System Now Available to U.S. Federal Government Facilities through MUNRO Enterprises LLC

MINNEAPOLIS, June 10, 2016 (GLOBE NEWSWIRE) -- Skyline Medical Inc. (NASDAQ:SKLN) ("Skyline" or "the Company", producer of the FDA-approved STREAMWAY(R) System for automated, direct-to-drain medical fluid disposal, announces the signing of a reseller agreement granting MUNRO Enterprises LLC certain exclusive rights to market and distribute the STREAMWAY(R) System to the U.S. federal government including U.S. Department of Veterans Affairs, U.S. Department of Defense and U.S. Health and Human Services facilities, among others. MUNRO Enterprises is an Economically-Disadvantaged, Woman-Owned Small Business (EDWOSB).

"This new partnership allows us to leverage MUNRO's special consideration to accelerate sales of the STREAMWAY System to the federal government," said Dave Johnson, chief operating officer of Skyline Medical. "The leadership of MUNRO Enterprises has more than 20 years of experience helping companies to navigate the myriad of regulations associated with government purchasing offices across the country and in U.S. territories. In addition, the introduction of STREAMWAY Systems into facilities such as VA Hospitals offers healthcare practitioners a safer method for disposing of waste fluids collected from medical procedures. We look forward to working closely with MUNRO Enterprises and spreading awareness of our state-of-the-art method for medical fluid disposal to an important new customer."

"The STREAMWAY System offers compelling benefits to healthcare professionals, patients and facilities alike, and we are delighted to be engaged to help Skyline Medical access the federal market," said Julia Munro, president and chief executive officer of MUNRO Enterprises. "The FDA-approved STREAMWAY System improves patient and staff safety, lowers total costs, reduces medical waste and supports compliance with Veterans Health Administration Directives for medical waste management. STREAMWAY can help hospitals minimize waste handling and save money, two areas that are receiving so much scrutiny by the federal government. We expect that this will be a very successful collaboration, and we applaud Skyline for its progressive and proactive approach in providing us with this opportunity," Ms. Munro added.

About MUNRO Enterprises

MUNRO Enterprises was formed through the 2015 merger of BTT Global Services and AM Munro & Associates. It is an Economically-Disadvantaged, Woman-Owned Small Business (EDWOSB) focused on serving agencies, companies and institutions in the Federal marketplace.

About the STREAMWAY System

Skyline Medical's revolutionary, FDA-cleared STREAMWAY System is the first true direct-to-drain fluid disposal system designed specifically for medical applications, such as radiology, endoscopy, urology and cystoscopy procedures. It connects directly to a facility's plumbing system to automate the collection, measurement and disposal of waste fluids, and minimizes human intervention for better safety while improving compliance with Occupational Safety and Health Association (OSHA) and other regulatory agency safety guidelines. It also provides unlimited capacity for increased efficiency in the operating room, which leads to greater profitability. The STREAMWAY eliminates canisters to reduce overhead costs and provides greater environmental stewardship by helping to eliminate the approximately 50 million potentially disease-infected canisters that go into landfills annually in the U.S.

About Skyline Medical Inc.

Skyline Medical Inc. produces a fully automated, patented, FDA-cleared, waste fluid disposal system that virtually eliminates staff exposure to blood, irrigation fluid and other potentially infectious fluids found in the healthcare environment. Antiquated manual fluid handling methods -- which require hand carrying and emptying filled fluid canisters -- present an exposure risk and potential liability. Skyline Medical's STREAMWAY System fully automates the collection, measurement and disposal of waste fluids and is designed to: 1) reduce overhead costs to hospitals and surgical centers, 2) improve compliance with OSHA and other regulatory agency safety guidelines, 3) improve efficiency in the operating room, and radiology and endoscopy departments -- leading to greater profitability, and 4) provide greater environmental stewardship by helping to eliminate the approximately 50 million potentially disease-infected canisters that go into landfills annually in the United States. For additional information, please visit www.skylinemedical.com.

Forward-looking Statements:

Certain of the matters discussed in this announcement contain forward-looking statements that involve material risks to and uncertainties in the Company's business that may cause actual results to differ materially from those anticipated by the statements made herein. Such risks and uncertainties include, among other things, current negative operating cash flows and a need for additional funding to finance our operating plan; the terms of any further financing, which may be highly dilutive and may include onerous terms; unexpected costs and operating deficits, and lower than expected sales and revenues; uncertain willingness and ability of customers to adopt new technologies and other factors that may affect further market acceptance, if our product is not accepted by our potential customers, it is unlikely that we will ever become profitable, adverse economic conditions; adverse results of any legal proceedings; the volatility of our operating results and financial condition; inability to attract or retain qualified senior management personnel, including sales and marketing personnel; our ability to establish and maintain the proprietary nature of our technology through the patent process, as well as our ability to possibly license from others patents and patent applications necessary to develop products; the Company's ability to implement its long range business plan for various applications of its technology; the Company's ability to enter into agreements with any necessary marketing and/or distribution partners; the impact of competition, the obtaining and maintenance of any necessary regulatory clearances applicable to applications of the Company's technology; and management of growth and other risks and uncertainties that may be detailed from time to time in the Company's reports filed with the Securities and Exchange Commission, which are available for review at www.sec.gov. This is not a solicitation to buy or sell securities and does not purport to be an analysis of the Company's financial position. See the Company's most recent Annual Report on Form 10-K, and subsequent reports and other filings at www.sec.gov.

Contact:

Investors

LHA

Kim Sutton Golodetz

(212) 838-3777

kgolodetz@lhai.com

(MORE TO FOLLOW) Dow Jones Newswires

June 10, 2016 09:00 ET (13:00 GMT)
I'm in it to win it!

NASDAQ DIP and RIP
Here is the best word that describes what i do here.
Intuitive;
means having the ability to understand or know something without any direct evidence or reasoning process.

I was born with it, I'm truly blessed!


Alway's searching for winners'
937206596_images.jpg
Scroll down for more posts ▼

Top 10 Most Recent News Articles

Cogent's Q3 2026: A Mixed Bag of Financial Moves

Updated Category News Views 13

Cogent Communications' Latest Quarter Insights When you hitch your wagon to the communications and internet industry, there's no escaping the hard truths from meticulous quarterly reports. Take Cogent Communications' latest Q3 2026 results, where numbers speak louder than words. Service revenue dipped to $231.2 million for the quarter, a 1.8% drop compared to Q2. And...

Continue Reading
Lakefront Living: Steuben County's Twin Tales

Updated Category News Views 67

Here’s how it is: choosing a lakefront home in Steuben County, Indiana, ain't just about picking a place with a killer view. It’s like buying a lifestyle package and you’d better know what you’re getting. An article by Tony Isa, the go-to real estate guru in these parts, puts the spotlight on Lake James and Clear Lake—but what matters is how each might wrangle...

Continue Reading
Taiwantrade Introduces AI Sourcing Assistant: ASTRA

Updated Category News Views 14

Revolutionizing AI-Powered Global Sourcing Here's the scoop from Taipei: Taiwantrade's just dropped ASTRA, their brand-spanking-new AI sourcing assistant, and it's got the industry buzzing. When it comes to cutting through the clutter and finding the right supplier, this could change the game for how international buyers scrape deals out of Taiwan. Simplifying Complex...

Continue Reading
Cognex Delivers Record Q3 Results, Eyes Future Growth

Updated Category News Views 44

Shaking Up the Leaderboard with Record Revenues You want a testament to a well-oiled machine? Look no further than Cognex Corporation, flaunting a record quarterly revenue hitting $313 million. That's a hearty 13% uptick from last year. Peel back the layers, and excluding a one-time boon from a partnership last year, you're staring at a 19% year-over-year surge. Talk...

Continue Reading
Natuvion and PwC's IT Roadbook: A Game-Changer?

Updated Category News Views 100

IT Transformations: A Tough Nut to Crack Transforming IT systems isn't just about plugging in new tech. It's a beast of a task, fraught with pitfalls and peopled with ambitious project managers hoping to dodge them. Natuvion and PricewaterhouseCoopers (PwC) have put together a book that could be the guide folks need when wading into these complex waters. The 'Why' of...

Continue Reading
Annual Home Insurance Check: Paul Bernieri's Top Tips

Updated Category News Views 36

Don't Sleep on Your Annual Insurance Review Ever feel like insurance policy reviews are one of those boring chores? Well, Paul Bernieri would probably say they're anything but. In a recent HelloNation article, our favorite insurance expert, Paul Bernieri from Garden City, NY, dissects the crucial areas homeowners on Long Island need to examine each year. It's basically a...

Continue Reading
Nutramax Boosts Young Scientists with Lindau Sponsorship

Updated Category News Views 68

Nurturing the Next Generation with Nobel Insights If you think science is just numbers and facts, you'd better wrap your head around what Nutramax Laboratories is pulling off. The company sent five bright-eyed young scientists to the 75th Lindau Nobel Laureate Meeting in Germany, where minds sharper than a new scalpel gather to shape the frontiers of research. This isn't...

Continue Reading
Stoneridge Navigates Challenges; Revises 2026 Outlook

Updated Category News Views 27

Q3 Performance: Growth Mixed with Setbacks If you thought 2026 was going to be a breeze for Stoneridge Inc. (NYSE:SRI), think again. This quarter, the company reported some sales growth, but they're also battling a hefty arbitration loss that's thrown a wrench into their plans. Let’s dive into the numbers before I spill more beans on what this means for investors hoping...

Continue Reading
UP Fintech Faces Major Class Action Amid Chinese Regulatory Hurdles

Updated Category News Views 133

Legal Battles Loom Over UP Fintech UP Fintech Holding Limited, trading under NASDAQ: TIGR, is knee-deep in legal mire, thanks to a hefty class action lawsuit. Levi & Korsinsky rings the legal bells for shareholders who grabbed TIGR securities from April 22, 2024, to June 2, 2026. The heat is on—a December 28, 2026 deadline for lead plaintiff spot beckons. Dust off those...

Continue Reading
Magnolia Data Breach: Legal Stakes Loom for Seniors

Updated Category News Views 152

Elderly Residents at Risk After Data Breach Well, here we go again — another day, another data breach debacle. This time, it's Magnolia Management putting senior residents' sensitive information on a silver platter for potential cyber intruders. We're talking names, Social Security numbers, and medical records — the whole shebang. When you're handling such crucial...

Continue Reading

Top 5 Most Recently Viewed Articles

LISEN Unveils Innovative 3-in-1 Fast Travel Charger for Holidays

Updated Category News Views 185

The Future of On-the-Go Charging The Perfect Christmas Gift Idea Recently, the notable consumer electronics brand LISEN has introduced its latest innovation, the 3-in-1 35W Fast Travel Charger available on Amazon. This all-in-one device merges a 35W fast wall charger, a 7,000 mAh power bank, and a 3.3 ft built-in USB-C cable, significantly reducing the hassle of carrying...

Continue Reading
Strategic Partnership Revolutionizes Hospitality in Saudi Arabia

Updated Category News Views 179

Transformative Partnership for Short-Term Rental Management Knowledge Economic City (KEC) has embarked on an exciting journey through its new strategic partnership with Maison Prive Holiday Homes Rental L.L.C. This groundbreaking collaboration will focus on establishing a company dedicated to managing short-term residential rentals. Catering to a Diverse Range of Visitors...

Continue Reading
Utility Apps Drive 28% of Casual Game Installs: Key Insights

Updated Category News Views 241

Insights from Liftoff's 2025 Casual Gaming Apps Report The recent findings from Liftoff's 2025 Casual Gaming Apps Report reveal that a remarkable 28% of casual game installs from non-gaming publishers originate from utility apps. This statistic underscores the evolving landscape of mobile game advertising and the crucial roles played by various app categories. Utility...

Continue Reading
Daphne O'Keefe Elevated to Senior VP at Midwest Trust Company

Updated Category News Views 296

Midwest Institutional Trust Company Promotes Daphne O'Keefe Midwest Institutional Trust Company is pleased to announce the promotion of Daphne O'Keefe to Senior Vice President, a move that underscores her extensive experience and commitment to the institution. O'Keefe has been a vital part of the organization, specializing in Taft-Hartley Services and nurturing client...

Continue Reading
Examining Lunar Water Retrieval Techniques and Challenges

Updated Category News Views 144

Understanding Water Retrieval Strategies from the Moon In a groundbreaking study, researchers from the University of New Mexico and the Universities Space Research Association's Lunar and Planetary Institute (LPI) have focused on the shadowed regions near the Moon's south pole. This study aims to explore strategies for bringing back precious water ice and other volatiles...

Continue Reading