First Crush® Found to be Clinically
Superior
September 24, 2019 – Batavia, New York – First Wave Products Group, LLC, a subsidiary of First Wave Technologies, Inc. (“First Wave” and “company”), announces that the company has received a purchase order from Novant Health standardizing on the First Crush® system across the entire healthcare network. Novant Health is a four-state integrated network (Virginia, North Carolina, South Carolina and Georgia) consisting of more than 1,500 physicians and 26,000 employees at more than 500 locations, including 15 medical centers and hundreds of outpatient facilities and physician clinics. Novant Health will start utilizing the First Crush pill crusher starting in October, 2019.
The purchase order came shortly after First Crush® was unanimously found to be “clinically superior” to a competing manual pill crusher, Silent Knight, manufactured by Links Medical Products Inc. The assessment was based on a product trial run by Novant Health. Every hospital within the Novant Health system tested both products and unanimously reported First Crush® to be preferred.
First Wave’s First Crush® Automated Pill Crusher is an automated technology that allows patients to receive their medication in a manner that is more accurately dosed, has a higher grade of refinement, and is easier to swallow. These attributes support better patient compliance with prescribed medication and ultimately a healthier patient. Medical professionals administering medication benefit from quicker medication preparation time, more efficient and accurate processing, and less physical labor.
According to First Wave’s Chief Executive Officer and Director, Brian Bell, “We are pleased to have been selected by Novant Health as their preferred vendor for pill crushers. The established footprint Novant Health has within the Southeast region along with the wide variety of healthcare facilities within their healthcare system allows First Crush® to be utilized in a variety of settings by various healthcare professionals. We look forward to offering a higher level of care to patients within the Novant Health system.”
About First Wave Technologies
First Wave Technologies, Inc. is a medical device company developing products for the acute care and long-term care market. The focus is to disrupt areas of healthcare with innovative products which have not seen meaningful change historically for the improvement of patient care. Current products are centered around improving the ease and accuracy of pharmaceutical delivery. For more information, please visit www.firstwavetechnologies.com and www.firstwaveproducts.com.
About Novant Health
Novant Health is a four-state integrated network of physician clinics, outpatient centers and hospitals. Its network consists of more than 1,600 physicians and 28,000 employees at more than 630 locations, including 15 medical centers and hundreds of outpatient facilities and physician clinics. The organization was formed on 1 July 1997 by the merger of Carolina Medicorp of Winston-Salem, North Carolina and Presbyterian Health Services of Charlotte, North Carolina. Headquartered in Winston-Salem, North Carolina, Novant Health serves more than 4 million patients annually. In 2019, Novant Health was ranked #38 in Forbes’ annual ranking of America’s Best Employers for Diversity, #3 in Diversity MBA Magazine’s annual ranking of Best Places to Work for Women & Diverse Managers, and #6 in North Carolina in Forbes’ annual ranking of America’s Best Employers by State. For more information, please visit www.novanthealth.org.
Corporate Contact:
Brian Bell
Chief Executive Officer and Director
First Wave Technologies, Inc.
99 MedTech Dr.
Batavia, New York 14020
Phone: +1 877.784.0269
info@firstwavetechnologies.com
Investor Contact:
Jennifer K. Zimmons, Ph.D.
Investor Relations
Zimmons International Communications
Phone: +1.917.214.3514
jzimmons@zimmonsic.com
