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For Immediate Release
PRODRIVE SYSTEMS LTD. RECEIVES HEALTH CANADA MEDICAL DEVICE LICENSE FOR THE ITS UPGRADE TURBINE FOR DENTAL HANDPIECES
Regulatory license initiates phase-one of Product Trials beginning in June 2006
across Canada with over 350 participating Canadian Dentists.
Montreal, May 29th, 2006 ProDrive Systems Inc. (a TTi Turner Technology Instruments Inc. Company), announced today the Regulatory License Approval from Health Canada for the ProDrive Systems Upgrade Turbine a patented replacement turbine retrofitted into leading brand dental handpieces that improves cutting power and durability. The ProDrive products are expected to have a significant impact in a North American Turbine/Bur Market valued at almost US$1.6Bn of annual sales.
There are two components of the ProDrive System: the Upgrade Turbine and the Bur. The new ProDrive System is guaranteed never to slip. The innovative drive-lock design ensures the bur always turns in-sync with the turbine, therefore improving cutting torque, unlike traditional friction grip handpieces that often slip when cutting hard materials. In addition, the ProDrive Upgrade Turbine is designed with superior quality components and includes a 2-year performance warranty to ensure constant and reliable handpiece performance.
Jean T. Castonguay, President and CEO of ProDrive said, “The ProDrive Upgrade Turbine and Bur are the results of over three and half years research, development and testing. This effort included the vital participation of two leading dental industry players, Sirona and Meisinger. In addition to becoming a manufacturing partner, Meisinger has also agreed to become a co-brand commercial partner. Meisinger, located in Germany, is a world leading bur brand company with over 115 years of design, manufacturing and commercial experience in the dental industry.”
ProDrive expects FDA 510K regulatory certification in the next 30 days, which will mark the beginning of American ProDrive product trials with an expected participation of 700 additional dentists.
About ProDrive Systems
ProDrive Systems Inc. designs and develops products with patented innovation that revolutionize the conventional standards of performance and durability of modern dental instruments. ProDrive Systems' innovative drive-lock design is the world's first turbine/bur system to improve the performance and safety of dental handpieces.
Contact: Antoine Jothy, Marketing Manager
Tel: 1.866.937.8882 ext.107
a.jothy@prodrivesystems.com
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