LecTec Corporation Launches First Patch Product for Kids
into the $2.4 Billion Cough/Cold Market: TheraPatch Vapor Cherry Patch for Kids
MINNETONKA, Minn. --
August 31, 1999 -- LecTec Corporation (Nasdaq National
Market:LECT) today announced the launch of its new
TheraPatch(R) Vapor Cherry patch "For Kids" product.
TheraPatch Vapor Cherry Patch "For Kids" provides temporary
relief of coughs due to colds, as well as minor sore throat
and bronchial irritations caused by coughs due to
colds.
TheraPatch Vapor
Cherry Patch "For Kids" is the first children's vapor-action
patch introduced to the growing $2.4 billion cough/cold
market. TheraPatch Vapor Cherry Patch "For Kids" was
invented as a convenient, non-messy alternative to those
sticky vapor ointments that rub off on your child's pajamas
or their bed sheets. The Company is presently shipping
initial orders to national food, drug and mass retail
chains.
LecTec continues to
focus its over-the-counter patch product development in the
areas of external analgesics, first aid, cough/cold relief
and skin care. TheraPatch Vapor Cherry Patch "For Kids" is
the seventh product in the TheraPatch product family
introduced within the past twelve months. Launched into
national retail chains in late September 1998, the
TheraPatch family of products include: TheraPatch Cool and
TheraPatch Warm which provide temporary relief from minor
aches and pains; TheraPatch Anti-Itch "For Kids" and
TheraPatch Anti-Itch "Outdoors" which provide temporary
relief from the itching and pain associated with insect
bites, minor skin irritations, and rashes due to poison
ivy/oak/sumac; and TheraPatch Vapor Chest, TheraPatch Vapor
Nose & Chin and now TheraPatch Vapor Cherry Patch "For
Kids," which provide temporary relief from coughs due to
colds.
A pipeline of
innovative, new products, patented patch technology, and the
company's ability to be fast and flexible are the Company's
stated competitive advantages.
LecTec is a health
care and consumer products company that develops,
manufactures and markets products based on its advanced skin
interface technologies. Primary products include
over-the-counter patch products, diagnostic electrodes and
conductive hydrogels for electrocardiography and related
applications, and a full line of medical tapes.
This press release
contains forward-looking statements that may include
statements regarding intent, belief or current expectations
of the company and its management. These forward-looking
statements are not guarantees of future performance and
involve a number of risks and uncertainties that may cause
the Company's actual results to differ materially from the
results discussed in these statements. Factors that might
cause such differences include, but are not limited to,
buying patterns of major customers, market acceptance of
LecTec's products, competitive products, availability of
capital to finance growth, regulatory risks and other risks
and uncertainties detailed from time to time in the
Company's filings with the Securities and Exchange
Commission.
Contact: LecTec Corp., Minnetonka Rodney A. Young, CEO or
Timothy R. J. Quinn, General Manager Consumer Products Division (612) 933-2291
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