Ingen product to be unveiled in Germany

Oct 04, 2009 (Inland Valley Daily Bulletin - McClatchy-Tribune Information Services via COMTEX) -- Ingen Technologies' main product, Oxyview Nasal Cannula, will be introduced at a November event in Germany called Medica, where 135,000 people from 100 countries will attend and gather information on "future trends in in-patient and out-patient care," the company said Thursday.
The introduction will be made by Emergo Group, which is developing an ISO quality management system and technical file for Ingen in Europe.

This will help make Yucaipa-based Ingen compliant to sell Oxyview Nasal Cannula in European countries, according to a news release.

Oxyview -- a respiratory device that utilizes gas flow-meter technology to deliver supplemental oxygen to hospital patients -- will also be introduced in January by Emergo Group at the Arab Health Exhibition and Congress, the "largest health-care exhibition in the Middle East, and the second largest in the world," the release says.

In addition, Ingen "is currently negotiating with an Australian distributor to market and sell the Oxyview Nasal Cannula," the release says.

Emergo will help Ingen get compliant in that market, the release says.

Ingen said it has attracted "interested acquirers," but so far nothing has come about. An investment banker reportedly is helping the company solicit itself.

The company reported $8.1 million in losses over the last three fiscal years, and it had a $10.6 million deficit as of May 31 and "must decrease its cash burn rate" to grow the

business, according to its annual report. The basics

Ingen Technologies Inc. (Pink Sheets: IGNT.PK) is a medical device manufacturer that develops medical respiratory and medical diagnostic technologies and products. The company specializes in gas flow-meter technology and wireless digital data transfer of gas-flow-rate processing.

Headquarters:

35193 Avenue A, Yucaipa

(909) 790-7180; Ingen Technologies,Inc. - Home

On the market

Monday's open: $0.0024

Friday's close: $0.0062

Market capitalization: $3.3 million



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