Aspect Medical Systems' CEO Nassib Chamoun and CFO J. Neal Armstrong talk to The Wall Street Transcript.Business Editors NEW YORK--(BUSINESS WIRE)--Oct. 3, 2000 The Wall Street Transcript has published an in-depth interview with Nassib Chamoun, 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. , and J. Neal Armstrong, CFO See Chief Financial Officer. , both at Aspect Medical Systems (Nasdaq:ASPM ASPM Abnormal Spindle-Like Microcephaly Associated ASPM Asociación del Secretariado Profesional de Madrid (Spanish: Association of the Professional Secretaryship of Madrid) ASPM Armed Services Procurement Regulation Manual ), in which they talk at length about the company's future. The entire 3,000-word interview is available free online at http://www.twst.com/ceos.htm. Chamoun gives an overview of the company. "Aspect Medical was founded in 1987 with the objective to develop and bring to market the first monitoring system that improves patient care by enabling anesthesia providers to more precisely manage a patient's level of consciousness during surgery." Chamoun explains, "The BIS system is significant because it addresses a $1.25 to a $1.5 billion market opportunity, which prior to Aspect, never existed. Aspect Medical developed the first technology, brought it to market and has pioneered this exciting segment in the healthcare arena. The BIS monitoring system is absolutely a vital technology because it represents the best in advanced medical technology -- patients, anesthesia providers and healthcare facilities all benefit from its use." Looking forward, Chamoun states, "The most significant trend we see emerging over the next several years is the movement to adopt consciousness monitoring as a standard of care, and since BIS is the only technology with significant validation behind it, we expect BIS to continue to be the leader in this market. Already we have seen it adopted as a de facto standard Hardware or software that is widely used, but not endorsed by a standards organization. Contrast with de jure standard. de facto standard - A widespread consensus on a particular product or protocol which has not been ratified by any official standards body, such as ISO, in certain regions of the US." This interview is part of a 288-page UBS UBS Union Bank of Switzerland UBS United Bible Societies UBS United Blood Services UBS United Buying Service UBS Used Bookstore UBS University Business Services UBS Universal Building Society (UK) UBS Ulaanbaatar Broadcasting System Warburg LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control Global Life Sciences Conference Issue available at http://www.twst.com/info/info181.htm or by calling (212) 952-7433. The Wall Street Transcript is a premier weekly investment publication serving serious long-term investors Long-term investor A person who makes investments for a period of at least five years in order to finance his or her long-term goals. for over 37 years. The Wall Street Transcript has launched a new free service where investors can ask Aspect Medical Systems (or any public company) a question at http://www.qawire.com. The Wall Street Transcript does not endorse the views of any interviewees nor does it make stock recommendations. For subscription information call (800) 246-7673. |
|
||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion