NEWS: TruTouch Technologies Secures $244,479 Federal Grant
TruTouch Technologies Secures $244,479 Federal Grant
Pioneer in non-invasive biometric intoxication detection systems secures grant to develop noninvasive alcohol diagnostics for emergency care facilities
ALBUQUERQUE, N.M. & FRAMINGHAM, Mass., Nov 04, 2010 (BUSINESS WIRE) -- TruTouch Technologies, a pioneer in non-invasive biometric intoxication detection systems, today announced that it has secured a $244,479 grant for development of its device for emergency care facilities.
The Internal Revenue Service issued the funding under the Qualifying Therapeutic Discovery Project (QTDP) administered under section 48D of the Internal Revenue Code, which was enacted as part of the Patient Protection and Affordable Care Act of 2010. The QTDP was designed to provide grants to qualified biotechnology companies that demonstrated the potential to develop new therapies to treat chronic conditions or unmet medical needs, reduce long-term health care costs in the United States or significantly advance the goal of curing cancer within 30 years.
Dr. Trent Ridder, CTO of TruTouch, said, "We are delighted to announce the successful awarding of the QTDP grant, which recognizes our commitment to reducing the devastating medical costs caused by alcohol-related accidents and injuries. The grant will help advance the commercialization of our TruTouch intoxication detection systems that are already enjoying success in the law enforcement, oil and drilling, military and transportation markets."
He added, "TruTouch's mission is to help eliminate alcohol-related dangers in society by providing a simple, accurate and cost-effective test to ensure driver and equipment operator safety."
The TruTouch products use an advanced intoxication detection technology that uses light to measure a subject's alcohol level instead of bodily fluids or other means. With TruTouch, a test subject places their finger on a near infrared measurement system, which then analyzes the alcohol concentration in the subject's system. The device can produce accurate results in seconds, and has a built-in biometric identification system to ensure test result integrity.
Unlike a Breathalyzer, the TruTouch products require no user training, no disposables, no samples and no operator assistance is required.
Current and future TruTouch applications include:
Workplace Safety Systems Medical Diagnostic Systems Alcohol Point-Of-Sale Liability Reduction Systems Law Enforcement Systems Industrial Safety Systems Vehicle Safety Systems
About TruTouch Technologies
TruTouch Technologies, Inc. develops, manufactures and sells patented noninvasive biometric alcohol testing systems into both existing and emerging alcohol testing markets. Inspired by the potential to place its passive, durable systems virtually anywhere, TruTouch's vision is to create a world where intoxication is routinely intercepted before it does harm.
SOURCE: TruTouch Technologies, Inc.
TruTouch Technologies, Inc. Dr. Richard Gill, 269-823-8430 rdg@tttinc.com riki4455@aol.com Copyright Business Wire 2010
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