ROCHESTER, N.Y. and BOSTON, Jan. 7, 2014 (GLOBE NEWSWIRE) -- Caliber Imaging & Diagnostics (OTCQB:LCDX), formerly Lucid, Inc., has received orders totaling $554,000 for VivaScope® systems from its Chinese distributor ConBio (Shanghai) Co., Ltd. Orders totaling $188,000 shipped in the fourth quarter of 2013, with the remaining $366,000 scheduled to be shipped in the first quarter of 2014.
ConBio has been Caliber's exclusive distributor in China and Hong Kong for nearly five years.
Margaret Shang, CEO of ConBio, said, "To date, the VivaScope system has been adopted by many of our customers throughout China, primarily national and regional opinion leaders in dermatology, and additional customers are quickly following suit. With more than 60 VivaScope systems on the ground in China, the system's noninvasive point-of-care platform has proven to be clinically applicable in a wide range of contexts."
Ms. Shang continued, "Before the VivaScope system, dermatologists did not have any meaningful tools to give an objective and scientific evaluation and diagnosis of various skin conditions noninvasively in vivo at the cellular level. VivaScope has helped dermatologists in accurately diagnosing skin diseases, follow-up and evaluation of treatment, which has significantly helped Chinese doctors gain knowledge about various skin conditions and their patients' response to treatment."
L. Michael Hone, Chief Executive Officer of Caliber I.D., said, "The Chinese market represents a tremendous growth opportunity for us as we seek to expand the global reach of our VivaScope technology. Working closely with ConBio, we look forward to solidifying our relationships with the medical community in China, and increasing our global footprint in this growing market through 2014 and beyond."
Founded in Shanghai in 1996, ConBio (Shanghai) Co. Ltd. distributes advanced skin laser equipment to a variety of customers in China and abroad. The company maintains offices in several cities including Beijing, Shanghai, Guangzhou, Chengdu, Xian and Shenyang.
About Caliber Imaging & Diagnostics
Caliber Imaging & Diagnostics' proprietary, cutting-edge VivaScope system is a disruptive, noninvasive point-of-care platform imaging technology with numerous applications in dermatology, surgery and research. FDA 510(k) cleared, VivaScope has regulatory approval in most major markets. With 78 issued and pending patents worldwide, VivaScope significantly improves outcomes and reduces costs, allowing physicians to quickly detect cancerous lesions that appear benign. VivaScope dramatically reduces the need for expensive, painful and time-consuming biopsies. VivaScope also has significant applications in testing and analysis in the cosmetics industry. For more information about Caliber I.D. and its products, please visit www.caliberid.com.
VivaScope® is a registered trademark of Caliber Imaging & Diagnostics.
Safe Harbor
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