|[May 19, 2014]
CSA Medical Receives TEDCO ICE Award for Corporate Excellence
BALTIMORE --(Business Wire)--
Medical, Inc., the leading provider of truFreeze®
advanced spray cryotherapy technology that flash freezes unwanted tissue
inside the body, received the Maryland Technology Development
Corporation (TEDCO) ICE Award for Corporate Excellence. The awards
program recognized outstanding businesses and individuals from TEDCO's
diverse portfolio of more than 300 seed and early-stage companies. CSA
Medical was recognized specifically for its growth in employees and
revenue, community involvement, and industry recognition. In the past
year, the company expanded its headquarter office in Lutherville,
Maryland, as well as its product development facility located in
Lexington, Massachusetts. CSA Medical closed a $16 million Series C
financing in December 2013.
"We are honored to receive this award and appreciate the support that
TEDCO has provided to help enable CSA Medical's growth and development,"
said Bill Floyd, Chief Executive Officer and President of CSA Medical.
"This recognition comes at a exciting time as we transition from a
start-up into an emerging growth company and focus on bringing the
powerful benefits of truFreeze to more patients."
The truFreeze System is currently being used by physicians to ablate a
variety of unwanted tissue inside the body. The device delivers
extremely cold liquid nitrogen spray through a small catheter to enable
physicians to flash-freeze targeted tissue. This process has been shown
to destroy the frozen cells without disturbing the underlying connective
tissue, thereby providing a framework for healthy cells to regenerate
About CSA Medical
CSA Medical, Inc. develops and manufactures a proprietary interventional
spray cryotherapy technology platform comprised of a device and
specialty catheters that enable delivery of spray cryogen inside the
body to flash freeze and destroy unwanted tissue. The Company is the
first to harness the power of low pressure, extremely cold (-196o C)
liquid nitrogen inside the body. To learn more, please visit www.csamedical.com.
The Maryland Technology Development Corporation (TEDCO) is the go-to
source for entrepreneurial support and guidance for start-ups and
early-stage companies engaged in bringing innovative ideas to market.
For more than a decade, the organization has provided funding, mentoring
and networking opportunities to support Maryland's innovation ecosystem.
While founded by the Maryland General Assembly, TEDCO is an independent
entity that makes seed/early-stage investments and manages private
capital for angel and venture capital funds. It is frequently ranked as
one of the most active seed/early-stage investors in the nation. The
organization plays a key role in bringing research created in Maryland's
educational institutions and federal laboratories into the commercial
marketplace. For more information on TEDCO and its programs and
resources, visit www.TEDCO.md.
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