American BioMed Inc. Signs Vice President to Direct Worldwide Sales and Marketing.THE WOODLANDS, Texas--(BUSINESS WIRE)--April 23, 1996--American BioMed Inc. (OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. :ABMI ABMI Autologous Bone Marrow Infusion ), of The Woodlands, Texas, today announced that Arthur S. Przybyl has joined the company as its new vice president of sales and marketing and will report directly to company President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Steven Rash. Przybyl has over 18 years of experience in the healthcare industry and most recently was president and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of Bioject Inc., a publicly traded company publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. in Portland, Ore.. The company had six straight quarters of sales increases in the two years of Przybyl's employment. Prior to this, he held the position of director of corporate marketing at LyphoMed Inc., of Rosement, Ill. His success continued at companies such as The Mediscus Group, of Buena Park, Calif. and International Medication Systems Limited, of South El Monte South El Monte, city (1990 pop. 20,850), Los Angeles co., S Calif., in the San Gabriel Valley; inc. 1958. Manufactures include transportation equipment, electrical and plastic products, clothing, textiles, machinery, and furniture. There is poultry processing. , Calif., where he was senior vice president of sales and marketing. His many accomplishments with these companies included negotiating long-term contracts and developing and implementing marketing strategies that resulted in increased market share and dramatic sales growth. Przybyl received his B.A. at Michigan State University Michigan State University, at East Lansing; land-grant and state supported; coeducational; chartered 1855. It opened in 1857 as Michigan Agricultural College, the first state agricultural college. in 1981. Rash stated, "The company is very pleased to have Art on board. His industry contacts, knowledge of marketing and overall proven success in the healthcare industry will provide the company invaluable guidance in marketing and distribution of its product lines." The company is aggressively pursuing its business plan and is anticipating increased market share of its core products this year. American BioMed Inc. is engaged in the development, manufacture and marketing of next generation minimally invasive medical, surgical and diagnostic devices which deliver unique advantages through advanced technology. OmniStent, which incorporates the company's (U.S. and European) patented "endless loop" process, offers the physician a choice in configurations and more options (including bifurcations) than any other stent in this $1-billion market. OmniCath is a directional atherectomy catheter that employs deflecting nontraumatizing wires to anchor the cutting window at the atherectomy site. Directional atherectomy is used as an alternative and adjunct to angioplasty and stent procedures intended to treat peripheral vascular disease Peripheral Vascular Disease Definition Peripheral vascular disease is a narrowing of blood vessels that restricts blood flow. It mostly occurs in the legs, but is sometimes seen in the arms. . Other devices such as unique silicone catheters as well as spinal dissectors are also marketed by the company. CONTACT: Thomas E. Waite & Associates Thomas E. Waite, 407/324-1606 |
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