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MD0-251 exam Dumps Source : McData Certified IP San Specialist

Test Code : MD0-251
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: 126 existent Questions

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McData McData Certified IP San

legit McDATA SAN makes it practicable for Affiliated computer capabilities' valued clientele to focus of attention on Core competencies | killexams.com existent Questions and Pass4sure dumps

August 21, 2006 06:00 ET | source: McDATA

BROOMFIELD, Colo., Aug. 21, 2006 (PRIMEZONE) -- Affiliated computing device capabilities (ACS), a leading IT capabilities and enterprise way outsourcing company with greater than $5 billion in annual earnings, is in a position to deliver its customers with sophisticated IT efficiency and trade technique management services via its authentic, excessive-performing McDATA Storage enviornment community (SAN). McDATA administrators benevolent the backbone for ACS's storage cloth, enabling the outsourcing solid to tender extremely-scalable storage capacity on demand.

"Our consumers shouldn't bear to worry about their IT community. They simply hand the responsibility over to us and they are free to subsist watchful of their core competency," referred to bill Augustadt, vice chairman and CTO of ACS. "McDonald's can focus on making cheeseburgers, Nike can design comfy footwear and Disney can continue to entertain."

as a way to ensure techniques availability, scalability, safety, redundancy and efficiency, the IT carcass of workers at ACS deployed separate SANs at seven facilities throughout the nation and linked them by way of McDATA 6140 administrators. This entertaining community structure allows for ACS to provide its shoppers with each committed and shared storage supplies. each client has its own committed storage, however ACS can provision materials between SANs to meet each customer's dynamic skill wants.

The ACS storage community became too designed with constructed-in redundancy for calamity restoration and records consistency. The McDATA Intrepid administrators replicate statistics between the geographically-distinct records facilities, ensuring that each storage pool can too subsist validated and counsel is constant throughout storage pools. here is no small task as the ACS community carries dozens of distinct companies' arrays, peripherals, and instruments, moreover the Oracle, Peoplesoft, SAP, SQL, web, e-commerce and email applications that sprint on the network. It takes more than 36,000 mid-latitude servers to sprint total of the techniques. The interoperable McDATA administrators too acquire it less difficult for ACS to consolidate materials under one storage material and maneuver the methods from a significant location.

"McDATA serves as a relied on IT sheperd to ACS, providing its administration with the peace of wit that their storage network should subsist capable of sheperd their valued clientele' changing IT needs," pointed out Adrian Jones, Senior vice president, worldwide revenue and repair, McDATA. "we've a shared commitment to proposing continuous apparatus availability to ACS' valued clientele."

About McDATA (www.mcdata.com)

McDATA (Nasdaq:MCDTA) (Nasdaq:MCDT) is the leading issuer of storage networking options, helping consumers build, globally join, optimize and centrally maneuver information infrastructures throughout SAN, MAN and WAN environments. With pretty much 25 years experience establishing SAN products, services and options, McDATA is the relied on companion in the world's greatest facts centers, connecting greater than two-thirds of total networked facts.

forward-searching Statements

This press unlock consists of statements about expected future hobbies which are ahead-looking and territory to risks and uncertainties. Readers are advised to believe statements that comprehend the phrases "believes", "belief", "expects", "plans", "aims", "estimates", "anticipates", "intends", "aims", or the dote to subsist questionable and forward-looking. components that may cause actual consequences to vary and fluctuate materially from expectations include, but are not limited to, McDATA's relationships with EMC, IBM and Hitachi facts techniques and the flush of their orders, aggressive expense competitors via a large number of other SAN and IP switch suppliers, OEM qualification of their novel items -- such as the Intrepid 10000 Director, integration of CNT's earnings and marketing features, manufacturing constraints, constraints in acquiring third birthday party product for resale and different possibility elements that are disclosed in McDATA's filings with the Securities and change fee. These cautionary statements via McDATA should still no longer subsist construed as exhaustive or as any admission concerning the adequacy of disclosures made via McDATA. total cautionary statements may still subsist read as being applicable to total ahead-looking statements wherever they appear. McDATA does not undertake any duty to publicly update or revise any ahead-looking statements, no matter if as a result of novel tips, future movements or otherwise.

McDATA Media: Jil Backstrom (720) 558-4774 investors: Renee Lyall (408) 567-5815

McDATA and CNT broadcast upshot up-Acquisition enterprise mannequin and Product and services Roadmap | killexams.com existent Questions and Pass4sure dumps

BROOMFIELD, Colo. & MINNEAPOLIS--(business WIRE)--can too 9, 2005--   clients and partners improvement from mixed abilities, technologies and Market management  

McDATA company (Nasdaq:MCDTA) (Nasdaq:MCDT) and computer network know-how agency, "CNT" (Nasdaq:CMNT), two recognized leaders within the storage networking space, nowadays outlined the post-acquisition go-to-market approach, mixed roadmap and focused trade model total over a conference cognomen and webcast hosted by using John Kelley, McDATA chairman, president and CEO; Ernest Sampias, chief fiscal officer for McDATA; and Tom Hudson, chairman, president and CEO of CNT. The combined roadmap provides solid path for McDATA to more generally address accomplice and client wants with unmatched expertise and features leadership and skills throughout SAN, MAN and WAN environments.

The CNT acquisition additional strengthens McDATA's global enterprise information Infrastructure initiative, meeting customers' and companions' growing necessities for tips lifecycle management, utility computing and on-demand entry to guidance. McDATA's existing line of Intrepid(R) directors, Sphereon(R) material Switches, Eclipse(TM) SAN Routers and security and administration software may subsist complemented by using CNT's UltraNet(TM) extension products, their Replication apparatus and Matrix Switches, supported with skilled and maintenance services.

"EMC has had long and a success relationships with each McDATA and CNT which bear helped their consumers construct and deploy infrastructures for information lifecycle administration. They seem to subsist forward to carrying on with their work with the mixed company and offering their mutual clients with probably the most business's most superior storage networking solutions," pointed out Tom Joyce, vice president, structures advertising, EMC.

"we're very snug with the acquisition, as combining McDATA and CNT, both depended on Hitachi records methods partners, will influence in a technology chief with very aggressive solution choices," stated Scott Genereux, government vice president and prevalent manager, global income, Channels, and guide, Hitachi records systems. "Our relationship with McDATA will proceed to prosper as they circulate forward with their software Optimized Storage(TM) solutions method. These options, integrating hardware, utility and capabilities plus better of breed networking add-ons, comparable to McDATA's, will enable agencies to more intently align enterprise and IT targets."

"IBM has had a deep relationship with both McDATA and CNT. they are excited to leverage and improvement from the unified enterprise to present their purchasers an multiplied portfolio of information on demand options," stated Robert Mahoney, company Line government Storage Networking, IBM.

"here's a superb stream for both McDATA and CNT. each had been in company for greater than twenty years, both serve international-2000 bills, a lot of which they share. they are each based storage avid gamers; the combined technologies will speed up their skill to sell extra complete storage solutions," said Randy Kerns, analyst for Evaluator community. "This promotes McDATA's GEDI approach and establishes a higher located information infrastructure trade with the breadth of products, services, and solutions to carry to OEM partners and shoppers their shared vision of the optimized world statistics infrastructure. The acquisition makes sense both for businesses, their channel companions and their consumers."

For extra counsel involving the combined businesses' offering and synergies, please hearken to cutting-edge name. The cognomen should subsist audio webcast reside by the exercise of the internet at www.mcdata.com. A replay of the conference muster might subsist archived for 30 days at www.mcdata.com.

About McDATA (www.mcdata.com)

McDATA (Nasdaq:MCDTA) (Nasdaq:MCDT) is the simplest records infrastructure solutions company that may convey a worldwide trade statistics Infrastructure -- a globally connected, centrally managed and totally optimized information community. With more than twenty years of storage networking event, McDATA is depended on on the earth's largest information centers, connecting greater than two-thirds of total networked facts and enabling tips entry anytime, anywhere.

About CNT

CNT is the expert in latest most low-priced and legitimate storage networking options. For over twenty years, groups total over the world bear depended on us to extend enterprise effectivity, extend statistics availability and maneuver their company-important guidance. CNT applies its expertise, items and capabilities in open storage networking architecture and enterprise continuity to support corporations construct end-to-end options along with analysis, planning and design, multi-supplier integration, implementation and ongoing far flung administration of the SAN or storage infrastructure. For extra information, talk over with CNT's web web site at http://www.cnt.com or muster 763-268-6000.

ahead-looking Statements: This press unlock consists of statements about anticipated future events which are ahead-searching and discipline to hazards and uncertainties. Readers are entreated to accept as correct with statements that comprehend the phrases "believes," "perception," "expects," "plans," "pursuits," "estimates," "anticipates," "intends," "objectives," or the want to subsist uncertain and ahead-searching. components that might cause exact results to vary and fluctuate materially from expectations include, however aren't limited to, their relationships with EMC, IBM and HDS and the flush of their orders, aggressive charge competition via numerous different SAN and IP switch suppliers, OEM qualification of their novel products, manufacturing constraints, their skill to combine CNT's operations with their operations and other possibility factors which are disclosed in their filings with the Securities and change commission. These cautionary statements through us should still now not subsist construed as exhaustive or as any admission concerning the adequacy of disclosures made via us. total cautionary statements may still subsist examine as being germane to total ahead-looking statements anyplace they seem. They don't undertake any responsibility to publicly supersede or revise any ahead-searching statements, even if as a result of novel suggestions, future events or otherwise.

additional info and the dwelling to ascertain It

McDATA has filed a registration commentary on SEC configuration S-4 and McDATA and CNT bear filed a Joint Proxy statement/Prospectus with the SEC in reference to the proposed merger. The Registration statement turned into declared positive by way of the SEC on April 19, 2005, and the Joint Proxy statement/Prospectus containing guidance about McDATA, CNT and the proposed merger should subsist mailed to stockholders of McDATA and shareholders of CNT on or before April 25, 2005. traders and security holders are entreated to examine the Registration commentary and the Joint Proxy observation/Prospectus carefully of their entirety. The Registration statement and Joint Proxy observation/Prospectus comprehend critical information about McDATA, CNT, the proposed merger, the individuals soliciting proxies concerning the proposed merger, their pastimes in the transaction and linked matters. traders and security holders can obtain free copies of these documents in the course of the web page maintained by using the SEC at http://www.sec.gov. Free copies of the Joint Proxy statement/Prospectus can too also subsist obtained from McDATA by way of directing a request by means of mail to McDATA organisation at 380 Interlocken Crescent, Broomfield, CO 80021, cellphone 720-558-4629, or from CNT via directing a request with the aid of mail to CNT at 6000 Nathan Lane North, Plymouth, Minnesota 55442, mobile 763-268-6130.

besides the Registration remark and the Joint Proxy observation/Prospectus, McDATA and CNT file annual, quarterly and special reports, proxy statements and other guidance with the SEC. You may additionally examine and replica any studies, statements or other counsel filed with the aid of McDATA and CNT on the SEC public reference rooms at 450 Fifth highway, N.W., Washington, D.C. 20549 or at any of the SEC's different public reference rooms in novel york, long island, and Chicago, Illinois. please muster the SEC at 800-SEC-0330 for further counsel on the universal public reference rooms. McDATA's and CNT's filings with the SEC are too purchasable to the universal public from trade doc-retrieval services and at the site maintained by using the SEC at http://www.sec.gov.

McDATA, CNT, administrators and sure govt officers of McDATA and CNT, Mellon Investor capabilities LLC and sure associates and personnel of Mellon Investor services may subsist considered individuals within the solicitation of proxies in connection with the proposed merger. Mellon Investor services may subsist paid to solicit proxies in reference to the proposed merger. sure administrators and executive officers may additionally bear direct or indirect interests in the proposed merger because of securities holdings of McDATA and CNT, and consulting preparations, carrier as administrators and officers and rights to severance funds following the proposed merger. furthermore, sure directors and officers, after the proposed merger might subsist indemnified by means of McDATA and may capitalize from coverage insurance for liabilities that can too arise from their functions as administrators and officers of CNT previous to the proposed merger. more information concerning the contributors within the solicitation is contained within the Registration statement and Joint Proxy statement/Prospectus filed with the aid of McDATA and CNT with the SEC.


McData Launches expeditiously novel SAN Router | killexams.com existent Questions and Pass4sure dumps

download the authoritative e-book: commercial enterprise information Storage 2018: Optimizing Your Storage Infrastructure

McData moved to slingshot previous opponents Monday, unveiling a router that shuttles statistics across networks with huge performance and connectivity advancements. The device additionally has heterogeneous vendor assist.

The Eclipse 2640 is a 1U (1.75 inches), 16-port storage enviornment network (SAN) router. Twelve of the ports will too subsist fibre channel or Gigabit Ethernet (GbE) , with the closing 4 ports GbE.

The 2640 is a considerable upgrade over the Eclipse 1620, which was rolled out final yr. That box, in keeping with know-how from McData's acquisition of Nishan techniques, is geared for small groups and has two GbE and two fibre channel ports.

whereas the 1620 offered fibre channel distance connectivity and iSCSI aggregation, the 2640 offers distance, iSCSI and total SAN routing, together with fibre channel to IP networks. here is distinctive from competitors' routers, which Dougherty notable are concentrated on homogeneous routing.

https://o1.qnsr.com/log/p.gif?;n=203;c=204650394;s=9477;x=7936;f=201801171506010;u=j;z=TIMESTAMP;a=20392931;e=i

"[Competitors] don't actually route throughout the community, they upshot what's known as tunneling," stated Dougherty. "What existent routing capability is that we're actively filtering packets and filtering pastime that gets propagated from the ingress port to the egress port on the box."

by contrast, Dougherty referred to routers from opponents "tunnel," a way that encapsulates fibre channel SAN frames in IP packets for transport to another far away Fibre Channel SAN by means of tunneling them via an IP network. once they arrive on the 2nd SAN, the fibre channel frames are launched from their encapsulation.

The executive pointed out the tunneling approach can propagate things dote state change notifications, which might subsist management storms that can occur due to a hyperlink instability and adversely bear an upshot on efficiency and acquire a contribution to latency.

The 2640 additionally aspects three layers of performance acceleration to unexpectedly zip records across the community. as an example, a role referred to as "fast write" allows the 2640 to "spoof" the storage protocol and enable statistics to stream over prolonged distances.

second, a brand novel compression engine may too subsist programmed to propel records. The third layer is that the 2640 terminates the TCP in hardware, presenting excessive-speed efficiency over the link to span wonderful distances.

as the 2nd generation of routers from the Bloomfield, Colo., enterprise, the Eclipse 2640 is additionally the first router to work with apparatus from competitors Cisco systems and Brocade Communications methods .

"It has the skill to interconnect McData fibre channel networks with those from Brocade, Cisco and QLogic via one box to serve as the nexus of the community and route records intelligently between multi-seller fabric," mentioned Peter Dougherty, vice president of change systems at McData.

Such heterogeneity in a storage community has confirmed to subsist fairly eye-catching to clients, lots of whom bear products from distinct providers and bear challenge getting those items to work collectively. there is a wide circulation afoot within the storage trade among providers to deliver aid for disparate structures.

attainable now, the 2640 container prices around $100,000. genuine pricing is in accordance with configurations and the number of elements used.

The 2640 arrives per week after Cisco upgraded its MDS 9000 router household. The MDS 9216i fabric change and the Multiprotocol capabilities Module, characteristic Ethernet ports that can support Fibre Channel over IP or iSCSI.


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MD0-251 exam Dumps Source : McData Certified IP San Specialist

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Test cognomen : McData Certified IP San Specialist
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: 126 existent Questions

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Cisco Unveils CCNA Video and Cisco Video Network Specialist Certifications to Validate Video-Voice-over-IP Skills | killexams.com existent questions and Pass4sure dumps

SAN JOSE, Calif., Jan. 22, 2013 – Highlighting the increasing exercise of high-quality video traffic over the network, Cisco today announced the release of the Cisco® CCNA® Video and Cisco Video Network Specialist certifications. CCNA Video is designed for video professionals who design, install and support video solutions on Video-Voice-over-IP networks. The novel Cisco Video Network Specialist certification enables traditional analog audiovisual (Pro A/V) specialists, as well as other networking professionals, to extend their skills to meet the growing demand for networked video job roles. These programs expand career opportunities for employees of enterprise, government, service provider and reseller partner organizations transitioning from other areas such as routing and switching, voice and unified communications to video networking.

According to the Cisco Visual Networking Index, Internet video traffic is growing at an unprecedented pace. Globally, Internet video traffic will subsist 55 percent of total consumer Internet traffic in 2016, up from 51 percent in 2011. The sum of total forms of video (TV, video on demand, Internet and P2P) will subsist approximately 86 percent of global consumer traffic by 2016.

CCNA Video

  • A job-role-focused training and certification program, CCNA Video establishes an individual’s skill to deploy video endpoints, set up novel users, and operate networked voice and video solutions for job duties that comprehend configuring voice and video single-screen endpoint devices, supporting telephony and video applications, and troubleshooting. The certification too validates a candidate’s knowledge of the architecture, components, functionalities and features of Cisco Unified Communications Manager solutions. 
  • Voice and networking professionals will capitalize from this training and certification, which provides an opportunity to extend their skills and careers into video networking.
  • VIVND 200-001 and ICOMM 640-461 exams are requirements for the CCNA Video certification. Recommended training is available from Cisco and authorized Cisco Learning Partners.
  • Cisco Video Network Specialist

  • In order to prepare individuals for career opportunities as video technicians, video administrators or audiovisual installers in IP-networked environments, the Cisco Video Network Specialist certification establishes and enhances key skills including the skill to configure video single-screen endpoints, set up novel user accounts, support video applications and troubleshoot networked video solutions.
  • The VIVND 200-001 exam is required for Cisco Video Network Specialist certification.
  • Recommended training is available from Cisco and authorized Cisco Learning Partners.
  • Supporting Quote

  • Jeanne Beliveau-Dunn, vice president and universal manager at Learning@Cisco, said: “Cisco’s leading position as a trusted provider of video and collaboration applications across business, government, service provider and consumer segments ideally positions us to provide skills evolution training for IT professionals in these key technologies. Cisco’s establishment of the medianet concept as a platform for integrating video and other rich-media collaboration technologies represents an opportunity for total Cisco partners and customers to implement networked video solutions to meet escalating rich-media demands and rapidly growing content volume. Individuals that achieve these novel certifications and utilize the related training will subsist optimally positioned to support increasingly sophisticated video needs and tender added value to their employers.”
  • Supporting Resources

    Technorati Tags: Talent Development, Cisco Certified, Network, Certifications, IT Certifications, Cisco, Cisco Learning Network, Education, Learning@Cisco, CCNA, Video, Enterprise Video, Video-over-IP, Video-Voice-over-IP, Pro A/V, Audiovisual, video network, networked-video, TelePresence, Video Conferencing, Mobile Video, Video Calls, Collaboration, Unified Communications

    RSS Feed for Cisco: http://newsroom.cisco.com/

    About Cisco

    Cisco (NASDAQ: CSCO) is the worldwide leader in IT that helps companies seize the opportunities of tomorrow by proving that astounding things can occur when you connect the previously unconnected. For ongoing news, please depart to http://thenetwork.cisco.com.

    # # #

     

    Cisco and the Cisco logo are trademarks or registered trademarks of Cisco and/or its affiliates in the U.S. and other countries. A listing of Cisco’s trademarks can subsist found at www.cisco.com/go/trademarks. Third-party trademarks mentioned are the property of their respective owners. The exercise of the word partner does not imply a partnership relationship between Cisco and any other company.


    Infinity I/O Announces FC-SAN Specialist Exam | killexams.com existent questions and Pass4sure dumps

    Download the authoritative guide: Enterprise Data Storage 2018: Optimizing Your Storage Infrastructure

    Infinity I/O, the company accountable for developing the Storage Networking Industry Association FC-SAN certification program, yesterday announced the October availability of the Fibre Channel SAN Certified Specialist (Level 3) examination. The exam will subsist available at Prometric test centers worldwide by mid-October, 2002.

    "The FC-SAN Specialist Certification is a significant step in formalizing standards that are speeding the adoption of Fibre Channel SAN," says Deborah Johnson, president and CEO of Infinity I/O. "This flush 3 certification is aimed at consultants and engineers working in areas such as systems architecture and product design, and will validate a more in-depth knowledge of system components and solutions."

    SNIA's Fibre Channel SAN certification program, developed by Infinity I/O, too consists of the FC-SAN Professional Certification (Level 1), which confirms knowledge of basic principles and terminology for those with limited technical needs; and the FC-SAN Practitioner Certification (Level 2), which tests for understanding of features, functions and technologies underlying FC-SAN, for professionals working in sales and technical support.

    The Fibre Channel SAN Certified Specialist Program was too developed in collaboration with SNIA member storage networking vendors. They provided support from job task analysis to actual writing of examination questions.

    https://o1.qnsr.com/log/p.gif?;n=203;c=204650394;s=9477;x=7936;f=201801171506010;u=j;z=TIMESTAMP;a=20392931;e=i

    "McDATA has listened to their customers who continuously demand for ways to measure the skills necessary to design, implement, manage and troubleshoot today's storage networking solutions," says Adolph Holston, Senior Consultant for McDATA Corporation. "Our enthusiastic involvement in this Specialist exam is one way they support SNIA's and Infinity I/O's efforts in creating and promoting a successful industry-wide, vendor-neutral certification program. They will leverage this testing as an entry point into McDATA's own certification program."

    In related news, Infinity I/O has debuted its first online course - the 100e Fibre Channel SAN Foundation course.

    The self-paced Web course, developed in collaboration with the School of Information Sciences and Technology (IST) of The Pennsylvania State University, is being demonstrated at the SAN East 2002 Expo at Infinity I/O's booth #1010. A free online demonstration of 100e is too available at: http://san.ist.psu.edu ..

    "Training that helps marketing, sales and other non-technical personnel understand the basics of FC-SAN is critical in today's trade environment," says Deborah Johnson, president and CEO of Infinity I/O. "By offering their foundation course online, they acquire this significant vendor-neutral training readily available to a wider achieve of customers."

    Infinity I/O's 100e Fibre Channel SAN Foundation course is intended for individuals preparing for the Storage Networking Industry Association (SNIA) Fibre Channel SAN Professional Certification (Level 1), which confirms knowledge of basic principles and terminology for those with limited technical needs.

    "In today's economy, they contemplate a growing exigency for courses dote Infinity I/O's vendor independent, online fundamentals, and instructor-led trade track courses," says Steve Kenniston, analyst with Enterprise Storage Group based in San Jose, CA. "These courses support IT managers gain a better understanding of how SANs can deliver a significant ROI."

    Upcoming Infinity I/O e-learning courses will comprehend Fibre Channel SAN Technology (INF-200), an introduction to Fibre Channel SAN and SAN management technologies from a vendor-neutral perspective, offered in preparation for the SNIA FC-SAN Practitioner (Level 2) certification.


    ENDRA Life Sciences' (NDRA) CEO Francois Michelon on Q3 2018 Results - Earnings muster Transcript | killexams.com existent questions and Pass4sure dumps

    ENDRA Life Sciences Inc. (NASDAQ:NDRA) Q3 2018 Earnings Conference muster November 5, 2018 4:30 PM ET

    Executives

    Chris Tyson – Managing Director-MZ North America

    Francois Michelon – Chief Executive Officer

    David Wells – Chief monetary Officer

    Michael Thornton – Chief Technology Officer

    Analysts

    Brooks O’Neil – Lake Street Capital Markets

    Kyle Bauser – Dougherty & Company

    Michael Brcic – National Securities

    Operator

    Good day, and welcome to the ENDRA Life Sciences’ Third Quarter 2018 Conference muster and Webcast. Today’s conference muster is being recorded.

    At this time, I would dote to turn the conference over to Chris Tyson, Managing Director at MZ North America, ENDRA Life Sciences’ Investor Relations firm. Sir, please depart ahead.

    Chris Tyson

    Good afternoon. I’d dote to thank you total for taking time to unite us for ENDRA Life Sciences’ third quarter 2018 conference call. Your hosts today are Mr. Francois Michelon, Chief Executive Officer; as well as Mr. David Wells, the Company’s Chief monetary Officer; and Mr. Michael Thornton, the Company’s Chief Technology Officer.

    Francois and Michael will provide a trade update, which will cover product updates and operational milestones, while David will dispute the monetary results.

    A press release detailing these results crossed the wires today and is available on the Company’s website endrainc.com. Following management’s prepared comments, they will open the floor to questions for those of you who are dialing in for today’s call.

    Before they commence the formal presentation, please remove note of the Safe Harbor paragraph that appears at the quit of the press release covering the Company’s monetary results. And then any forward-looking statements that they acquire only apply as of today’s date and are subject to inherent risks and uncertainties including those described in the Company’s SEC filings and should not subsist unduly relied upon.

    Except as otherwise required by Federal Securities Laws, the Company disclaims any duty or undertaking to publicly release any updates or revisions to any forward-looking statements. They too would mention you to the Company’s website for a more supporting industry information.

    At this time, I’d dote to turn the muster over to Francois Michelon. Francois, the floor is yours.

    Francois Michelon

    Thank you, Chris. And welcome everyone to ENDRA Life Sciences’ third quarter 2018 monetary results conference call.

    The third quarter of 2018 demonstrated progress on the evolution of their first Thermo-Acoustic Enhanced Ultrasound product, growth of their intellectual property portfolio and positive progress on their Health Canada human study application.

    In October, they were thrilled to finally receive health Canada’s authorization to kickoff their human study. Comparing their TAEUS technology to an MRI baseline of liver fleshy in 25 volunteers. We've recruited study volunteers. The study is underway. The data collection is going well. And they map to provide an update on the study no later than December of this year.

    Mike Thornton, ENDRA's CTO will provide more details in a few minutes. I want to remove a jiffy to remind investors of ENDRA's trade goals and how they apply to this human study.

    ENDRA's overarching goal is to broaden access to better healthcare through the enhancement of safe cost efficient and broadly available ultrasound. Their first step towards this goal is the evolution of a practical and rigorous diagnostic tool for the epidemic of non-alcoholic fatty liver disease or NAFLD, which affects over 1 billion people globally.

    NAFLD is a colossal problem, but no practical tools for diagnosis and surveillance. This is a metabolic disorder in which fleshy accumulates in the liver, driven by lifestyle and obesity, diabetes, hepatitis, and sure drugs. NAFLD is often asymptomatic but can progress to inflammation, too known as NASH, scarring too known as fibrosis and eventually cell death or cirrhosis and cancer.

    There is no accepted blood test for NAFLD, currently, magnetic resonance imaging known as MRI and surgical liver biopsy are the only accepted procedures for accurate assessment of fleshy depositions in the liver at low levels. When NAFLD can subsist reversed and before it progresses to NASH and fibrosis.

    I'm sometimes asked can't doctors already diagnose NAFLD on traditional ultrasound today? Well, the confess is yes and no. Traditional ultrasound can qualitatively visualize towering levels of liver fleshy above 25% fat, which is really advanced NAFLD. The traditional ultrasound alone cannot quantify how much fleshy is in the liver, nor reliably detect fleshy at lower levels below 25%.

    It's basically dote proverb they know you bear towering blood pressure, Mr. Smith, but they don't know the actual diastolic and systolic numbers and when you Come back in six months, they likely won't subsist able to divulge you if you're getting better or worse. So, ultrasound alone is not Good enough for fatty liver diagnosis.

    On the other hand, MRI and surgical liver biopsy are very accurate for NAFLD diagnosis, but unfortunately they're clearly impractical due to limited global access economics, complexity of the procedures and safety concerns.

    To remind their listeners, MRIs cost around $2 million to acquire and it weighs several tons and a liver scan takes about 20 minutes. They're only about 30,000 MRI systems in the world today compared to over a million ultrasound and about half of the MRIs are concentrated in the U.S. and Japan. Said another way most people in the world don't bear light access to MRI.

    Primary custody clinics don't typically bear an MRI and you can't wheel an MRI into an exam play or close to a patient bedside. Additionally, the circumstantial images generated by MRI are often derived from intravenous contrast enhancements, which bear Come under scrutiny in recent years for safety concerns. So, it's not a free ride.

    The other NAFLD diagnostic tool, surgical biopsy is relatively inexpensive, but it involves inserting a large gauge needle between a patient's ribs taking a core sample of liver tissue. As you can imagine, it's sanguineous painful and has the risk of surgical complications.

    You too bear to transmit the tissue sample to the pathologist for analysis, which takes time, so for these reasons, MRI and liver biopsies are rarely performed for standalone NAFLD diagnoses, let alone occasional follow-up to monitor the disease.

    Bottom line. The world needs a safe, light to use, cost efficient and rigorous technology to diagnose and monitor NAFLD. Some of you may bear heard me content that ENDRA aspires to become dote a blood pressure cuff, but for liver disease, and that vision holds true.

    We don't bear to subsist as powerful nor as accurate as an MRI, the Ferrari of the imaging world. They just exigency something that safely and easily quantifies fleshy at low enough levels to subsist clinically useful. Clinicians and scenographers today achieve an estimated $70, million abdominal and liver ultrasound scans annually. Checking for things dote cysts, lesions, gallstones, fluid retention, organ enlargement.

    Wouldn't it subsist powerful to build on this existing groundwork for TAEUS technology and clinical practice by enhancing ultrasound with a novel skill to accurately diagnose the silent epidemic of NAFLD? That's ENDRA's goal with this first clinical application of TAEUS, I underscore first because I want to remind everyone that TAEUS is a platform, with multiple potential clinical applications beyond the liver, including for example, showing tissue temperature change in real-time on everyday ultrasound to sheperd the millions of energy based surgical procedures performed worldwide for smart management, cancer and cardiology. But they arbitrator there's a lot of potential there.

    Turning now to pre-commercial activities, as many of you bear been aware, we've been ramping up activities to build market awareness for ENDRA's technology as well as collect clinical feedback and build relationships with early adopters and radiology and hepatology.

    Since the meeting of The European Association for the Study of Liver, too known as EASL in April we've been attending key global conferences in the imaging and liver spaces. In September, they had a booth at the NAFLD summit in Geneva, and ENDRA was one of only three companies along with Gilead sciences to subsist called out in a post-conference highlight dispense it to 4,000 EASL members. Good visibility for their small company. You can find that report on their Investor Homepage.

    We've too launched educational materials including two very well received videos on liver disease and their TAEUS technology. And we've been ramping up their social media presence, building clinical investor audiences on Twitter and LinkedIn.

    Our what is TAEUS video was viewed over 5,000 times on Twitter within 48 hours of release, the video is up to nearly 8,000 views as of this conference call. Their shareholders are engaging with us at rates that outperform typical social media averages. Many of the Tweets they upshot a yield over 10,000 views and experience between 5% and 10% engagement.

    So, looking ahead in the month of November, we'll bear ENDRA's booth at three key conferences, the AASLD Liver Meeting in San Francisco later this week. I'll subsist in the booth November 10 through 12. So, please stop by if you're attending. The Interdisciplinary Congress Ultrasound in Basel, Switzerland, November 14 through the 16 and the RSNA Annual Meeting in Chicago after Thanksgiving.

    Combined these meetings attract over 50,000 visitors in the territory of radiology, gastroenterology and hepatology. So, they're a powerful opportunity for ENDRA to gain visibility, build their rolodex and learn.

    What bear they scholarly so far? Their discussions with clinicians individually and at these conferences, reinforce their understanding that radiologists and hepatologist want tools to diagnose and treat the complete spectrum of liver disease, starting with NAFLD, where ENDRA is targeting and progressing to inflammation with NASH and scarring as fibrosis.

    On the liver disease diagnostic front, there are tools in the fibrosis space including ultrasound elastography and there are a number of blood tests and evolution that identify inflammatory markers associated with NASH, but to their knowledge outside of the impractical MRI and surgical biopsy, I mentioned earlier there are no rigorous and cost efficient tools to assess and monitor the earlier stage NASLD.

    We contemplate this NAFLD as largely a white space opportunity for ENDRA and their partner GE Healthcare. On the liver disease therapeutic front, there's a moneyed pipeline of phase 2 and 3 drugs from companies dote Pfizer, Gilead, Viking, Madrigal, TaiwanJ and others. It is a very exciting space, and they believe ENDRA will subsist well positioned to both drive efficiencies in the expensive and time consuming clinical studies of these therapies, which often depend on MRI. As well as act for a yeast to support diagnose NAFLD and monitor the efficacy of these therapies once they become commercially available.

    Looking internally now and in parallel to these activities I've described in product development, the human study in pre-commercial activities. We've been implementing a formal property management system that encompasses their key trade processes, from hiring people to product evolution and design control and manufacturing processes. So far, they formally defined, implemented and trained their staff on 40 trade critical processes.

    One might demand is this important? The confess is they exigency these systems in dwelling and audited to achieve their ISO 1345 certification and to develop the product and technical documentation correctly for their CE application. These systems allow us to demonstrate the property and value that we're putting into their products in a documented way.

    At this time, I'd dote to turn the muster over to their Chief Technology Officer, Michael Thornton will provide additional updates on the human study, their intellectual property, and a product evolution of their TAEUS fatty liver product. Michael?

    Michael Thornton

    Thanks Francois. As Francois mentioned, they received Health Canada’s Investigational Testing Authorization, too known as an ITA to conduct human studies with ENDRA's TAEUS clinical system targeted NAFLD. The ITA application was reviewed under a Class II designation and the study is being conducted in collaboration with the Imaging Laboratories at Robarts Research in London, Canada.

    The four key objectives of the first human study with their fatty liver imaging TAEUS technology are first determined a number of anatomical sites at which successful thermo-acoustic data measurements can subsist made from serial acquisitions. Second, obtain quantitative fleshy MRI sequences for each subject in this study to establish a correct measure of liver fleshy content and to determine the correlation between fleshy measures obtained by the TAEUS device and those obtained from quantitative MRI.

    Third, insight into the sensitivity of thermo-acoustic liver fleshy assessment with the aim of detecting fleshy content and liver at 15% or less by volume. Fourth and finally, obtain critical insight into workflow and ergonomics for their fatty liver TAEUS device that will inform their product evolution and provide human factors data for their CE regulatory submission. This study is progressing well and to-date we've completed scanning for eight volunteer study subjects.

    We're on target to complete data acquisition in November. Once we've completed the data collection, will subsist able to test several of their methodologies for fleshy quantification. This process will involve adjustment of algorithm parameters, review of raw data and statistical analysis. In some cases, they may pick to rescan some of those study participants if they find the data collected was obstructed or rejected due to motion artifacts, this is a daily share of testing novel technology.

    We're excited about this first of several human studies and will provide a study update in December. Now let's talk a small bit about the other elements of the human study, they chose to collaborate with scientists at the Robarts for their first study for two significant reasons.

    First, it's a world-class facility, specialized in imaging studies and equipped with expert staff and several diagnostic imaging modalities available for human research studies. As a result, they haven't encountered constraints on MRI scheduling that they might pan at other centers that shared time with routine patient imaging.

    Second, the economics made a lot of sense for ENDRA, as they were able to conduct human studies at a very reasonable cost when compared with other similar clinical sites. They always try to sprint ENDRA weaning in smart. As they mentioned on terminal quarter's call, much of the work they achieve to obtain Health Canada’s authorization for this study, including technology safety testing and documentation, and the human factors data we'll collect from the study itself, will directly support their CE and FDA 510(k) applications next year.

    So a lot of the work we've done will subsist leveraged for their product evolution and regulatory certification efforts. With the goals of building credibility with the clinical community and improving their product performance, we've started discussions with several additional research centers in the U.S. to conduct additional studies in 2019 or broadcast those when they are formalized.

    We will bear a very industrious quit to 2018 and gaze forward to an exciting 2019 where they shift from product evolution to clinical studies and growing wit share in the clinical community for pioneering work in thermo-acoustic imaging. On the IP front, I remind you that they bear two registered patent agents on ENDRA staff and maintain a strong focus on protecting key enabling methodologies and technical innovations related to their TAEUS platform.

    And too granted a total of six patents in 2018, three of which were U.S. patents for noninvasive assessment to support their TAEUS clinical product targeting nonalcoholic fatty liver disease, this brings their total intellectual property total as of today to 40 issued patents, filed patent applications to prepare disclosures up from 33 at the quit of 2017. Two of the newly issued patents cover applications for correcting fat-induced aberrations and imaging biological structures. One of their patents protects a way and application for magnetic resonance imaging safety.

    These patents support ENDRA’s proprietary approach to assessing fleshy content in tissue and support the company's commercialization of a clinical application for noninvasive assessment of liver fleshy and other fleshy related applications. Their novel patents, along with several filed applications directly support their plans to commercialize it, transformative clinical application in the first half of 2019 focused on nonalcoholic fatty liver disease.

    Moving onto the product evolution front since they terminal spoke, they continue to work with their engineering, manufacturing and regulatory service providers, which they believe is the most capital efficient model for ENDRA, while still providing the shortest time to market. We're making Good progress towards implementing their procedures and property management system as they work toward achieving ISO 1345 certification which is required for the CE technical file submission of their first product. We're working towards the first half of 2019 targeted CE clearance falls by a planned FDA submission for the U.S. market.

    I’ll now turn over the muster to their Chief monetary Officer, David Wells for his monetary summary. David?

    David Wells

    Thank you, Michael. I will now provide a summary of their reported third quarter 2018 monetary results. They did not generate any revenue for the three months ended September 30, 2018, as compared to $287,000 of revenue for the comparable period in 2017, when they earned revenue from the sale of a Nexus 128 system.

    Our operating expenses increased to $2.4 million in the third quarter of 2018, up from $1.1 million for the selfsame period in 2017. The extend in operating expenses was due primarily to increased research and evolution expenses related to the evolution of their TAEUS product, and increased universal and administrative costs.

    As well during the quarter, they incurred an expense of approximately $300,000 for the impairment of inventory related to their Nexus 128 product line. Their net loss for the three months ended September 30, 2018 was $2.8 million or $0.70 per basic and diluted share as compared to a net loss of $910,000 in Q3 of 2017.

    Noting that approximately $1.1 million of the third quarter 2018 loss was due to non-cash compensation expenses related to stock option and warrant issuances. Their cash equipoise as of September 30, 2018 was approximately $640,000, as compared to approximately $2.2 million as of June 30, 2018. During the quarter, they used approximately $1.5 million in cash, which again was due mainly to continue evolution of the TAEUS product. Their spending remains on budget and on track with their internal projections.

    Subsequent to the quarter ended, they raised $3.1 million from the sale of 1,477,750 shares of common stock. The sale was completed at $2.10 per share and without the issuance of warrants to the purchasers. Although, they priced their offering on an unforeseen market downturn, they were pleased with the demand for their shares and for the subsequent appreciation in their share charge and trading volume.

    We were too encouraged that multiple towering property institutional and retail investors participated in the transaction. As the market remains choppy and unpredictable, they are continually evaluating their capital needs in real-time to ensure adequate capital to support their clinical, regulatory and operational activities. And we'll continue to upshot so as they prepare for EU commercialization.

    As has been emphasized before and in summary, they believe the combination of their asset-light operating model and continued efficient and efficient exercise of cash will position ENDRA to commercialize their TAEUS liver product in the European Union as scheduled.

    I will now turn the muster back over to Francois. Francois?

    Francois Michelon

    Thanks David. Just briefly to summarize, as they now toddle towards the close of the fourth quarter of 2018, believe ENDRA’s position to deliver key milestones for ENDRA’s fatty liver application in 2018 and 2019, including their first human study completed by December, 2018 contributing safety and human factors for their CE sign application.

    Pre-commercialization awareness building the key industry conferences in Q4, 2018, property management system implementation to support ISO certification and CE sign in the first half of 2019 and commercial launch of the TAEUS liver device in Europe in the first half of 2019.

    As evidenced by the recent positive developments in the liver disease and therapy landscape and based upon their conversations at industry trade shows. They continue to believe a diagnostic tool at the earliest stage of liver disease, NAFLD. Strategically positions ENDRA for substantial adoption, once human data is achieved and CE sign is granted.

    We gaze forward to speaking with investors and analysts at their upcoming investor and industry events in the months ahead. At this time, I'd dote to open up the muster to questions. Operator?

    Question-and-Answer Session

    Operator

    Thank you. At this time, we’ll now subsist conducting a question-and-answer session. [Operator Instructions] And thank you. Their first question comes from line of Brooks O’Neil with Lake Street Capital Markets. please proceed.

    Francois Michelon

    Hi Brooks.

    Brooks O’Neil

    Good afternoon, how are you, Francois?

    Francois Michelon

    Great to bear you. Thanks for joining.

    Brooks O’Neil

    Sure. So I was hoping you talked quite a bit about, the steps you're taking with the CE sign exertion and getting regulatory approval for the European Union. Could you just support us to understand your assessment of the size and the attractiveness of the European market as well as the steps you exigency to remove to secure approval in the United States and sort of how you assess the market opportunity in the U.S.?

    Francois Michelon

    Sure. Thanks. I'll speak first to the European market opportunity. The understanding we're going to Europe, first is multifold. Number one, if you gaze at their investor presentation, their addressable market in terms of ultrasound units on the ground in exercise that they could target and sell to is actually higher than in the U.S. They bear about 78,000 estimated ultrasounds in the European Union alone.

    Number two, the regulatory path as many of you know, for the CE mark, while rigorous is mostly a safety designation and therefore slightly easier, I would say, than the 510(k) in the U.S., which is an efficacy designation. So that's another benefit. Thirdly, the understanding we're going to Europe, there is a larger share of radiologists using ultrasound in Europe than in the U.S. where very often there are highly skilled technicians and scenographers.

    And for a small company that wants to establish a foothold, develop evaluation sites, having most of those early adopters and users and eventually publishers. Being radiologists is they believe, highly credible compared to perhaps relatively scenographers. And so that's really their third understanding for going.

    Mike, if you're on the phone, perhaps you could speak a small bit to sort of a CE versus 510(k) and what we're thinking about there in terms of predicates and any other thoughts you might want to share.

    Michael Thornton

    Yes, thanks Francois. Thanks for the question. So there are a lot of parallel requirements between CE and FDA. So for instance, they mentioned their ISO 1345 audit and certification, that's going to subsist required for both submission. So it’s not dote we're serially doing these. There are some of the efforts in parallel. As Francois mentioned, typically, the FDA submission, is a small bit more rigorous and typically requires a more clinical data.

    So we'll subsist conducting some clinical studies in addition to the one they bear underway now. And we're looking forward to putting together the FDA submission shortly after their technical file for EU submitted. So they shouldn't topple too far further in time.

    Brooks O’Neil

    Thank you.

    David Wells

    Brooks, just to subsist a small more specific, we've committed to getting the CE sign in the first half and submitting shortly thereafter their application to the FDA for 510(k). Their understanding is that typically a Class II designation for 510(k) type of product dote ours. It takes about 178 days. So they would foresee having on middling a commercially approved product in the U.S. by the quit of 2019. I hope that helps confess your questions.

    Brooks O’Neil

    It does. That was extremely helpful. It would too support if you could clarify, I'm guessing that the work you're doing in Canada is perfectly applicable to both the CE sign application and the 510(k) submission. But could you just clarify what the requirements will be? Mike mentioned a pair more studies as well.

    Francois Michelon

    And Mike, please depart ahead, Mike.

    Michael Thornton

    Sure. I was just going to content that they're depending on the way the submission is written and what the predicate devices are, that are being used for the 510(k). You may not exigency clinical studies for the FDA. It just helps to support the application. So it's not an absolute requirement. It's something we'd dote to include, to just strengthen the application because it is a novel technology.

    David Wells

    And Mike – and Brooks, if I might just add, I arbitrator to underscore what they said on the terminal call, there are some things coming from this clinical study that are going to directly contribute to the CE mark. The human factors elements in terms of workflow and exercise of the product are an significant factor that they are going to refine and that will subsist needed for the CE application.

    And certainly as Mike has mentioned, a lot of the safety testing that went into their application for the Canadian study will subsist largely repurposed and therefore it was a very Good investment for the CE application. So they arbitrator that there are several components of the Canadian study that will contribute and can subsist leveraged for CE and for 510(k). I hope that's helpful.

    Brooks O’Neil

    Yes, that's very helpful. Thank you very much. hold up the Good work.

    David Wells

    Thank you so much, Brooks.

    Operator

    Thank you. Their next question is coming from the line of Kyle Bauser with Dougherty & Company. please proceed.

    Francois Michelon

    Hi, Kyle.

    Kyle Bauser

    Hi everyone. How are you? Can you hear me okay?

    Francois Michelon

    Yes, sure can. Thanks for joining.

    Kyle Bauser

    Absolutely. Congratulations on extremely productive quarter here on the IP on clinical, getting going in Canada, obviously building awareness and just benevolent of inching closer to commercialization. But I can – maybe I'll just demand a small bit of a follow-up from Brook’s question. So sounds dote you're going to upshot some subsequent clinical studies that may or may not contribute to the FDA submission. The current study in Canada, 25 patients, it sounds dote the turnaround time is very quick. You've already got benevolent of done there. What should they arbitrator about for sample size for some of these subsequent clinical studies and endpoints that would support support 510(k)'s submission?

    Michael Thornton

    Sure. I can remove that question. So the 25 I’ll just clarify they’re volunteers otherwise not indicated for any liver disease. They would dote to first of total expand to patients that that's and people who are bear been triaged as having liver disease and NASH. So they would dote to expand to that and obviously 25 is very small sample size. Looking to add studies and as their partners in research are amenable to grow the numbers. Obviously, wouldn't they bear a CE marking some of the earlier sites we'll obviously publish and contribute to the published data pool of results in comparison against established results. I’m sorry, did I miss share of your question?

    Kyle Bauser

    No, it sounds like, the volunteers, obviously sample size perhaps small bit larger and it sounds dote maybe some of the endpoints would subsist pretty similar to what you're doing now. But benevolent of evolved and arbitrator of potentially other benign ones that you could add to the subsequent one…

    Michael Thornton

    Sure. We'd dote to demonstrate clear sensitivity odds over the existing point-of-care techniques. And they feel dote the comparison against MRI is critical because it is the excepted, I’ll muster gold standards in the field. I know they talked about biopsy a lot. There's a lot of variation in how pathologist report results, but MRI has narrowed. So that total the vendors bear applications that report fatty liver and they seem to bear a widespread agreement between different systems. So that's where we're putting their focus.

    Kyle Bauser

    Okay.

    Francois Michelon

    Kyle. Yes, Francois here. If I might just piggyback on what Mike was saying, it's significant that investors arbitrator of this first human study, not as a binary event dote a pharmaceutical trial. It works or it doesn't work. As I arbitrator Mike articulated on his earlier comments, we're looking to learn a lot about workflow, clinical placement, the quantitative abilities, several things.

    And this is really the first study comparing their technology versus the gold standard MRI. But they upshot gaze naturally to bear several other studies going forward in Europe and the U.S. to both enlarge that data set of volunteers as well as continue to learn and compare it frankly to other potential entrants and products that they believe are inferior, that I won't cognomen on today's muster but that are routinely used because there's nothing else out there. And so I arbitrator it will subsist significant for us to build their data and demonstrate the superiority of their TAEUS technology.

    So it's really, it's going to subsist a process over time. We're going to continue to build out as they commercialize next year. Kyle, with early adopters sites, further clinical publications and use. And they gaze forward to building a very rigorous groundwork of data for humans. So, we're excited about Canada, but there's a lot more to come.

    Kyle Bauser

    Yeah. Now that makes sense. benevolent of secure this data done that will support support clearance and commercialization and then generate additional clinical awareness to benevolent of secure those early adopters, late majority onboard later on. So that makes sense.

    And then just final question, if I may, you've been doing a lot of awareness in showcasing TAEUS and you were recently in Geneva. Can you talk just about the feedback you're hearing both on an NAFLD but too just on potential further applications beyond this initial opportunity in anything, clinicians are proverb about that.

    Francois Michelon

    I arbitrator I'll just reaffirm a pair of the comments that I made in my opening comments and then I'll turn it over to Mike as well. But these meetings for us starting at EASL in Paris in the spring September, the NAFLD conference, which was really focused on fatty liver with hematologists and subsequent conversations we've had just continue to corroborate the exigency to identify and quantify fleshy in the liver, at the earlier stages. Why? Because it becomes toxic. It leads to that NASH, it leads to fibrosis and cirrhosis. And so if we're able to quantify cheaply, easily, safely with an ultrasound tool such as ENDRA's, it allows hepatologists and radiologists to intervene early, potentially invert it and certainly monitor the efficacy of therapies that they're applying and that are coming online as we've discussed from the pharmaceutical world.

    So the appetite for NAFLD is there. There's a lot of interest naturally in NASH, I arbitrator NASH is a bit of a, I would say, an easier target because it's fatty-liver with inflammatory markers. And so there's a lot of work there, but they arbitrator that that entry point at the earlier stage of liver disease NAFLD is the sweet spot, that, that we're targeting for total the reasons I mentioned. And they arbitrator we're unique in that capacity.

    Mike, what feedback and what other research did you hear about it at the conference in Geneva that you dote to share?

    Michael Thornton

    Yeah, I think, first of all, it's a powerful question, Kyle. In fact just socializing the understanding that we're going to subsist quantifying fleshy and liver has brought up discussion about other tissue types and other organs where fleshy accumulation indicates the progress of a disease or onset or grade.

    So, we're still learning a bit about some of these other diseases. They're not specifically in the liver space, but, a pair of these applications are potentially a commensurate in terms of the analysis techniques that we're applying to liver. They would subsist very similar for analyzing fleshy in these other tissue types.

    Lot of the feedback that they received was that there was a existent exigency that providing a patient with a number and the fact that, lifestyle and diet greatly influence and can invert fatty liver disease. This is a key point that fatty liver disease is a reversible condition. So, providing a patient with a number gives them something to work towards. It's very hard in just grading it with ultrasound saying, well, you bear some significant accumulation of fleshy because they detect it, but then when they Come back you can't divulge them whether what they're doing is working or not. So that's where physicians are really excited and that you can influence patient deportment and ultimately outcomes. And that's what excites us.

    Francois Michelon

    One more point that I arbitrator is brilliant from a commercial perspective. We're targeting two primary clinical segments, radiologists and hepatologists, and it's become clear, although it's pretty intuitive once I content it, but it's become clear that radiologists are really snug using ultrasound, but they don't know that much about the liver per se because you can't upshot that much in terms of diagnosis or treatment of liver disease with the ultrasound.

    So we're going to bear to educate radiologists on the novel abilities that they're going to bear with their technology regarding the liver. Hepatologists are coming at it from the other quit of the spectrum, they are liver specialists, but because you for the selfsame understanding I just mentioned you can't – because you can't upshot a lot on the liver with ultrasound today they're not colossal users of ultrasounds.

    So we're going to bear to train them more not on liver disease but on the exercise of ultrasound and so from a commercial messaging and depart to market perspective, it's really helpful to segment the market and understand what they bear to appeal to for each of those segments. I hope that's helpful also.

    Kyle Bauser

    Yeah, that's very helpful. Thank you and thanks for the updates.

    Francois Michelon

    Thank you, Kyle. Operator, upshot they bear another question.

    Operator

    Thank you. Their next question comes from the line of Michael Brcic with National Securities. please proceed.

    Francois Michelon

    Hey Michael.

    Michael Brcic

    Just another company that I result in NASH is Galectin Therapeutics and they’re talking about this thing called MBT, methacetin breath test on their skill to foretell their sensation in compensated NASH cirrhosis. Is that something that's sort of the down the line from you or is that something that possibly could be.

    Francois Michelon

    So let me. Yeah, let me jump in and I'm going to turn it over to the brains of the outfit. Mike Thornton, but I've certainly seen some breath tests and they involve ingesting a pharmaceutical compound and then monitoring the exhalation and the metabolizing of that compound.

    I've only seen activity in the NASH area of liver disease, which would subsist downstream and more advanced than NAFLD. I arbitrator share of the reason, and I'll demand Mike again to corroborate this, but those inflammatory markers of NASH, I believe, provide a bigger opportunity for identification of sure things, subsist it through a blood test or an exhalation product.

    Michael, what upshot you know about that?

    Michael Thornton

    Yeah. And thanks for the question. So dote you, I've read a bit about it and not specifically related to Galectin but a by company that's developing the technology. It's brilliant science, I arbitrator it's benevolent of complicated because it requires a diagnostic to subsist ingested and metabolized and then, as I understand the mass spectrometer to analyze the exhalation product. So, it's pretty complicated in its regulatory path. Is going to subsist a quite complicated, but we're going to stay on in parallel with the technology to contemplate where it goes.

    Francois Michelon

    Yeah. So Mike, Michael, I arbitrator in summary, I arbitrator there are lots of things in the pipeline, but that particular technology along with blood tests to their knowledge are primarily focused on NASH, which I believe reinforces their position here. We'll never content never in NAFLD, but to their knowledge there aren't any fatty liver, blood tests or exhalation products.

    And so, I arbitrator we're well positioned to continue to progress on this path. And I too mentioned to everyone that this is really their first application. So, the liver is a colossal market. They arbitrator there's a colossal unmet need, but I want investors to continue to arbitrator a small bit around the corner for ENDRA. And beyond the liver they believe there are additional entirely novel businesses, as I mentioned, with tissue temperature change, monitoring for guidance of surgery and other applications that they point to in their investor deck.

    So thank you Michael for that leading question.

    Michael Burdick

    Correct? I arbitrator I've asked this before, but there's no understanding for this not to apply to ASH as well, right?

    Francois Michelon

    So NASH is inflammation of the liver from fat. So technically, you still bear that fleshy in your liver, but now the more concerning condition is the inflammation, but technically you're right, they could contribute to that in terms of measuring how much fleshy is in the lever of a NASH patient, I arbitrator it's just compounded by the inflammation. Mike, any, any additional thoughts on the NASH usage?

    Michael Thornton

    Absolutely the Pharma’s that we've spoken to, they are absolutely interested in monitoring the fleshy along with the inflammation markers because an efficacy of a drug should expose reversal in both indexes inflammation markers and fleshy content.

    Michael Burdick

    Thanks, Michael

    Francois Michelon

    And Michael. As always, prize your muster and really prize everyone's interest and excellent questions. Operator, if you don't bear any more caller's, perhaps they can close the call.

    Operator

    Thank you. They bear no further questions in queue at this time allow me to hand the floor back over to Francois Michelon for closing remarks.

    Francois Michelon

    Just very briefly thank you to total of you for joining their muster today. As always, I want to thank their hardworking team of ENDRA engineers, scientists, and patent specialists who hold their technologies evolving. We're working very hard, very lean, but they couldn't upshot it without you. They weren't able to address one of your questions today. please feel free to achieve out to their Investor Relations from MZ Group, and we'll subsist very gratified to confess your questions.

    And I want to close by wishing everyone on the muster a sound and successful quit to 2018 and they gaze forward to speaking with you in the novel year to review their year-end monetary results. Thank you again and goodbye.

    SeekingAlpha


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