HOUSTON, April 28, 2015 (GLOBE NEWSWIRE) — Spine Pain Management, Inc. (OTCQB:SPIN), a technology-driven, medical service, device and healthcare solution company servicing the multi-billion dollar spine injury sector, today announced its wholly owned Quad Video Halo, Inc. subsidiary will be exhibiting its latest version of its Quad Video Halo 3.0™ System (QVH) at the 2015 Medical Worlds America Conference and Expo (MEDICA) on April 27-29, at the George R. Brown Convention Center in Houston and at the AAJ Trucking Litigation Group CLE, as a Platinum Sponsor on April 30-May 1 at the Roosevelt Hotel in New Orleans, LA.
After three years of developing its unique transparency technology for proprietary use in SPIN’s affiliated Centers, modified versions of QVH have been developed for third party use including medical training/education, risk management services for hospitals, and marketing of new medical products/services. The QVH is a device that has a clamp with an adjustable circumference that attaches to an X-ray head and includes mounts for accessories such as a camera, a video camera, a light fixture, a microphone, an image projector, a video projector, an imaging device, or a combination of these accessories.
David Spencer, President of QVH, Inc. stated, “The QVH v. 3.0 was first unveiled at the ASIPP Expo earlier this month with strong acceptance from all levels of attendees, including hospitals, clinics and individual practitioners, as a valuable tool adding additional layers of transparency for the benefit and protection of patients, hospitals, and physicians alike.”
We are presenting this unique product at MEDICA for exposure to the world-wide market and at AAJ with focus on trucking accident injuries. The Quad Video Halo (QVH) will provide healthcare providers with a high level of integrated video from multiple views simultaneously with audio recordings. This technology allows the medical provider to work collaboratively with information and telecommunications systems. Doctors are looking for technology that will provide data to assist them with Minimally Invasive, Image-Guided surgery that occur in operating and surgery treatment rooms.
Dr. William Donovan, CEO of Spine Pain Management said, “Over the last few years, SPIN has invested significant resources in time and money in the development of the QVH, a patent pending real-time video and documentation accessory. The QVH has undergone rigorous testing and has been used with success in conjunction with SPIN’s medical affiliates in a diagnostic program for treating more than a thousand spine injury cases. The QVH not only provides protection for the medical provider through secure video transparency and real-time documentation of the procedures, but also gives great comfort to the patient knowing his or her medical provider will be under the “watchful eye” of video while performing the procedure.” Donovan went on to say, “Some two years ago we realized the potential of the QVH and that with modifications, it could be expanded outside our own needs, not only for use with the tens of thousands of fluoroscopes (both fixed and portable) currently in service, but also in operating rooms world-wide. The QVH is currently in the Certification process for third party sales, initially in the US and Eurozone. Indications of interest are now being taken with release expected early Q3, 2015.
About Spine Pain Management, Inc:
We are a medical services and technology company facilitating diagnostic services for patients who have sustained spine injuries resulting from traumatic accidents. We deliver turnkey solutions to spine surgeons, orthopedic surgeons and other healthcare providers that provide necessary and appropriate treatment of musculo-skeletal spine injuries resulting from automobile and work-related accidents. Our care management services help reduce the financial burden on healthcare providers that provide patients with early-stage diagnostic testing and non-invasive surgical care, preventing many patients from being unnecessarily delayed or inhibited from obtaining needed treatment. We believe that our services and technology brings strong transparency and impartiality to all parties involved in the settlement of patient cases.
Additional information about the company, along with a video can be found at its website atwww.spinepaininc.com.
About Quad Video HALO, Inc.
A wholly owned subsidiary of Spine Pain Management, Inc; Quad Video HALO, Inc brings surgeons and interventional pain management providers the ability to bring modern video documentation technology into the Operating Room. The Quad Video Technology™ V3.0 creates a digital turnkey video and audio documentation solution that integrates multiple views from other OR imaging sources with several other viewpoints just outside the sterile field.
Additional information about QVH can be found at its website: www.quadvideohalo.com.
Forward-Looking Statements: This press release includes forward-looking statements as determined by the U.S. Securities and Exchange Commission (the “SEC”). All statements, other than statements of historical facts, included in this press release that address activities, events, or developments that the company believes or anticipates will or may occur in the future are forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include general economic and business conditions, the ability to acquire and develop specific projects, the ability to fund operations, healthcare services demands, changes in healthcare practices, government regulation, and other factors over which the company has little or no control. The company does not intend (and is not obligated) to update publicly any forward-looking statements. The contents of this press release should be considered in conjunction with the warnings and cautionary statements contained in the company’s recent filings with the SEC.
Company Contact Dr. William F. Donovan Chairman, President & CEO Spine Pain Management, Inc.