OxySure Systems Plans to Use Drones for Delivery of Critical Items in Emergency Situations - Video News Alert on InvestmentPitch.com
Vancouver, British Columbia--(Newsfile Corp. - June 3, 2015) - OxySure Systems (OTCQB: OXYS), plans to use drones for the delivery of critical items to first responders located at the forefront of emergency situations. OxySure, a global leader and medical device innovator, pioneered a ground-breaking technology to produce medically pure oxygen from inert powders, making the provision of emergency oxygen safer, more accessible and easier to use than traditional oxygen delivery systems.
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Management expects its OxySure drones to carry kits designed for various types of emergencies or disasters. The payloads could include automated external defibrillators and accessories for cardiac arrest patients, as well as kits for victims of fire, flood, earthquake, chemical spill and a number of other emergency categories.
The drones will be equipped with standard features such as live digital streaming, and other features that may include an autopilot system, GPS navigation, and other safety features.
Drones can often get to emergency situations faster by flying in straight lines, avoiding congested traffic situations, or other obstacles resulting from natural disasters. The drones are designed for typical payloads of less than 15 pounds, but are capable of carrying up to 55 pounds, and in all instances, the drones will be used under controlled conditions in airspace that is limited and predetermined.
Julian Ross, CEO, stated: "The recent floods in Texas have given us yet another set of examples in a long and ever growing list of situations where drones specifically configured for emergencies could have enhanced the heroic efforts of our first responders. Low altitude real-time imagery assists with locating people, locating emergency situations, and delivering much-needed emergency supplies quickly as an easily detachable payload."
The company has filed with the Department of Transportation for exemption from the Federal Aviation Regulations for utilizing drones in aerial operations in support of emergency response and services, disaster response and recovery, search and rescue, and humanitarian relief efforts. The company also filed a provisional patent with the U.S. Patent & Trademark Office entitled "System for Enhancing Emergency Response by using Unmanned Aircraft Systems."
The shares are trading at $0.67, and with 29.8 million shares outstanding, the company is capitalized at $20 million.
For more information, please visit the company's website www.oxysure.com.
In Canada, investor relations is handled by Bettina Filippone of Renmark Financial Communications, who can be reached at bfilippone@renmarkfinancial.com.
In the US, please contact Jon Cunningham at Redchip Companies, who can be reached at jon@redchip.com.
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