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Palo Alto, Calif. - October 17, 2006 - Frost & Sullivan selected Ferris Mfg. Corp. as the recipient of the 2006 Product Differentiation Innovation Award for the company's exceptional solutions in the North American moist wound dressings market. The inventive ShapesTM by PolyMem® QuadraFoamTM wound dressings provide advanced healing techniques, reduce treatment costs and work in a variety of wound settings. Ferris Mfg. Corp.'s prominent wound care dressings include the PolyMem wound care dressings, Shapes, RhinoPak® dressings for nasal surgery and SportsWrapTM for bruising and swelling. Its latest innovation, Shapes QuadraFoam dressings, raises the bar in wound dressings by providing effective solutions to clinicians for virtually all wound types. Shapes dressings conform to the natural shape of the wound and the contour of the body. "The QuadraFoam material cleanses, fills, absorbs, and moistens, while creating the optimal wound healing environment by adjusting to the needs of the wound type," says Frost & Sullivan Research Analyst Sheila Ewing. "This revolutionary product line can be utilized as primary dressings, secondary dressings, or a combination of both, replacing multiple products such as polyurethane or silicone foams, hydrogels, alginates, hydrocolloids, transparent films, gauze, and traditional dressings." Ferris designed Shapes to complement its innovative moist wound dressing product line, and the current spectrum of products now offers tremendous value proposition to any healthcare facility. Its unique advanced features include high absorbency rate, enabling its use on a wound for up to seven days. PolyMem's QuadraFoam dressings provide a clear built-in visual indication of when they need to be changed. Recent clinical studies show that QuadraFoam dressings provide faster recovery time, are effective on difficult to heal wounds, and dramatically help to reduce wound pain. Furthermore, the Shapes product line provides significant cost-savings to medical facilities and optimizes treatment time for caregivers. In a market where the average costs of chronic wound treatment continue to escalate, Shapes is preferred for its ability to improve patient safety without increasing healthcare costs. It does so by reducing medical errors, optimizing caregiver productivity, and eliminating the need for multiple products. "Without products such as the Shapes QuadraFoam dressings, healthcare facilities would be strained to accommodate the current demand of chronic wounds," notes Ewing. "Shapes QuadraFoam dressings will continue to be used in wound care as long as Ferris Mfg. Corp. leads the way with continued innovation and bold differentiation." Each year Frost & Sullivan presents this Award to a company that has demonstrated the ability to develop and/or advance products with more innovative capabilities than competing vendors and products. This award recognizes the company's successful adoption of new or existing technology that has become a part of its well-designed product family. Frost & Sullivan Best Practices Awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research in order to identify best practices in the industry. About Ferris Mfg. Corp. Founded in 1977, Ferris Mfg. Corp. is dedicated to developing innovative products that bring desired and effective results to the healing process. Ferris is a privately owned producer and distributor of PolyMem and PolyMem Silver Wound Dressings, Shapes by PolyMem, Shapes by PolyMem with Silver, SportsWrapTM, RhinoPak® Dressings for nasal surgery and BabySmooth® diaper rash products. Ferris is committed to providing innovative and superior quality products and services to customers. It has developed a Quality System to meet and exceed the standards and regulations of the United States, Canada, the European Union, and other countries and organizations of the world. For more information, visit www.PolyMem.com or call 630.887.9797. About Frost & Sullivan Frost & Sullivan, a global growth consulting company, has been partnering with clients to support the development of innovative strategies for more than 40 years. The company's industry expertise integrates growth consulting, growth partnership services, and corporate management training to identify and develop opportunities. Frost & Sullivan serves an extensive clientele that includes Global 1000 companies, emerging companies, and the investment community by providing comprehensive industry coverage that reflects a unique global perspective and combines ongoing analysis of markets, technologies, econometrics, and demographics. For more information, visit www.frost.com or www.medicaldevices.frost.com Contact: Stacie Jones |
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