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Medis history
Medis company history timeline
Medis was cofounded in 1992 by CEO and Chairman Robert K. Lifton and Howard Weingrow, president and treasurer of the company.
Later ventures included Preferred Health Care, a managed psychiatric care company, and Marcade, an apparel company they ran until 1992 when Medis was launched as a joint venture with Israel Aircraft Industries Ltd.
Incorporated: 1992 as Medicell
Medis El took its first steps on Wall Street in 1993, raising $8 million at $8 a share." But turning cell scan technology into a commercial product proved elusive, prompting Medis to look for other opportunities.
In the meantime, the Korean government in October 1998 launched a plan to fund the broadcasters in an effort to “boost the broadcasting industry which includes extending financial support to the nation's wobbly independent studios,” as reported in the Korea Herald.
1998 The company begins investments in fuel cell technology.
The divergent views about freedom of the Korean press during President Kim Dae Jung's rule (1998–present) are testimony to the undisputed proposition on press freedom: “No press system is absolutely free from various social, political, economic, or legal controls of its society.
At the end of 2000, the number of Internet users in Korea was 19.04 million.
Moreover, it could be refueled repeatedly, with the plan calling for refueling to be accomplished by the replacement of a disposable fuel cartridge. Its first endeavor, a direct liquid methanol (DLM) fuel cell module, a building block for future commercial products geared toward portable electronic devices, was demonstrated in the laboratory in 2000.
The controversies swirling around the 2001 tax probes of more than 20 media companies in Seoul illustrate the Kim Dae Jung government's willingness to use various legal mechanisms to “correct[] the market's failure to achieve a democratic media” in South Korea.
As of February 2002, more than half of Korea's 15 million households had broadband service.
The company announced that it would have a product in production in 2002.
In early 2004 Medis announced that it planned to release a new fuel cell charger at the end of the year, costing $14.99 and offering 15 hours of talk time for cell phone users.
In 2005 Medis made a number of demonstrations of fully operational Power Packs to convince manufacturers to produce the Power Pack as well as drum up future sales.
Marcus Leaning, in Media and Information Literacy, 2017
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