Medisafe 1 Technologies to submit three patent applications for medical devices

Medisafe 1 Technologies Corp. (OTCBB: MFTH), a developer of patented technologies that physically prevent unauthorized administration of prescription medications, announced today that the company is in the process of submitting three patent applications for medical safety devices.

The first is a computerized locking device that prevents unauthorized medical and drug related products from leaving inventory storage to reduce instances of theft and fraud.

The second is a physical locking device for syringes and capsules that functions differently from the current commercial Medisafe 1 Technologies' product line.

The third is a physical locking device that measures the release of prescribed dosages, to prevent administration of too much medication.

"The filing of these additional patents demonstrates Medisafe 1 Technologies' commitment to research and development, and to finding the best methods to prevent the unauthorized administration of prescription medications," said Jacob Elhadad, CEO of Medisafe 1 Technologies Corp. "We look forward to advancing the products filed from development to commercial phase."