Breast-sensor developer Scantek Medical has entered into a contract with Instituto Cultural Do Trabalho in Brazil for the sale of its BreastCare/BreastAlert differential temperature sensor product.
Under the terms of the contract, Instituto Cultural has agreed to purchase 240,000 units of BreastCare at the rate of 20,000 units each month for 12 months. The Denville, NJ-based company anticipates that it will ship the first 20,000 units no later than the middle of January 2004 and that it will make monthly shipments thereafter.
Scantek estimated the total value of the contract to be in excess of $3.4 million.
By AuntMinnie.com staff writersDecember 9, 2003
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Scantek sells portion of Brazilian subsidiary, October 31, 2000
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