American Medical Systems Names New Director; Local Guidant Executive Joins Board of Fast-Growing Medical Device Manufacturer.Business Editors MINNEAPOLIS--(BUSINESS WIRE)--Nov. 1, 2001 American Medical Systems Holdings Inc. (Nasdaq:AMMD) reported Mr. A. Jay Graf has been elected a director of this leading fast-growing medical device manufacturer. Mr. Graf is Guidant Corporation's Group Chairman, Office of the President, with responsibility for Guidant's four operating groups: Cardiac Rhythm Management Cardiac rhythm management is a field of treatment in cardiology. The purpose is managing cardiac rhythm disorders. Usually it involves artificial pacemakers and/or implantable cardioverter-defibrillator therapy as well as antiarrhythmia drugs. , Cardiac Surgery, Endovascular Solutions and Vascular Intervention. He also serves on the Board of Directors for ATS Medical Inc., a manufacturer of mechanical heart valves, valve graft prostheses, and related cardiovascular accessories. Commenting on this election, Douglas Kohrs, American Medical Systems' 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. , expressed great pleasure, "We are pleased to add the talent of a person with Jay's marketing and operating experience to our Board of Directors. His leadership and background in the medical device industry will be an invaluable addition to our board as we continue our growth with new product introductions and increased sales force productivity. We look forward to his contributions." Prior to taking on the role of Group Chairman, Mr. Graf served as President of Guidant's Cardiac Rhythm Management business since Guidant was formed out of Eli Lilly and Company Eli Lilly and Company (NYSE: LLY) is a global pharmaceutical company and one of the world's largest corporations. Eli Lilly's global headquarters is located in Indianapolis, Indiana, in the United States. in 1994. Mr. Graf joined Lilly in 1976 and became a District Sales Manager in 1980. In 1982, he moved to Lilly's Medical Devices and Diagnostic division where he served in several management positions including Vice President of Sales and Marketing and Senior Vice President of Operations at Physio Control Corporation. In 1990, Mr. Graf was named Executive Vice 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 Cardiac Pacemakers, Inc. (CPI). In 1992, he became President of CPI, which is now part of Guidant's Cardiac Rhythm Management group. About AMS AMS - Andrew Message System American Medical Systems, headquartered in Minnetonka, Minnesota, is a medical technology company with 500 employees worldwide. AMS products include a large portfolio of devices to treat both male and female incontinence, devices for the diagnosis and treatment of erectile dysfunction, devices for urethral obstruction caused by benign prostatic hyperplasia benign prostatic hyperplasia n. Abbr. BPH A nonmalignant enlargement of the prostate gland commonly occurring in men after the age of 50, and sometimes leading to compression of the urethra and obstruction of the flow of urine. (BPH BPH abbr. benign prostatic hyperplasia BPH Benign prostatic hypertrophy, a very common noncancerous cause of prostatic enlargement in older men. or enlarged prostate disease), and advanced surgical products used in transurethral resection of the prostate Transurethral resection of the prostate (TURP) Surgical removal of a portion of the prostate through the urethra, a method of treating the symptoms of an enlarged prostate, whether from BPH or cancer. Mentioned in: Prostate Cancer . The company sells to physicians in more than 60 countries worldwide. For more information about AMS, visit our Web site at http://www.visitAMS.com. |
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