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Atlas Medical Technologies Expands with Purchase of Groupe 5 Tech Inc.


Business Editors/Health/Medical Writers

BIOWIRE2K

ONTARIO, Calif.--(BUSINESS WIRE)--May 8, 2003

Atlas Medical Technologies, providers of quality pre-owned medical imaging equipment, is going bicoastal bi·coas·tal  
adj.
1. Relating to both the east and west coasts of the United States, as:
a. Traveling frequently between coasts as part of a business or living arrangement:
 with the purchase of an established imaging sales and service company located in Clearwater, Florida Clearwater is a city located in central Pinellas County, Florida, USA, nearly due west of Tampa. As of the 2000 census, the city had a total population of 108,787; however, according to the 2005 U.S. Census Bureau's estimates, the city's population fell slightly to 108,687. . Groupe 5 Tech Inc. is a highly respected organization known for outstanding service and ethical business practices.

Recognizing the increasing demand for refurbished equipment -- a result of the budget constraints A Budget Constraint represents the combinations of goods and services that a consumer can purchase given current prices and his income. Consumer theory uses the concepts of a budget constraint and a preference ordering to analyze consumer choices.  many imaging centers are facing today -- Atlas Medical Technologies' Richard Stockton Richard Stockton may refer to:
  • Richard Stockton (c1630-1707), grandfather of Richard Stockton (1730-1781)
  • Richard Stockton (1730-1781), a delegate to the Continental Congress from New Jersey
  • Richard Stockton (1764-1828), a United States Senator from New Jersey
 saw the value of getting bigger to better serve Atlas's globe-spanning customer base. He began a search to identify other capable companies that, like Atlas, inspired customer confidence. "It became clear," said Mr. Stockton, "that by joining the forces of Atlas Medical Technologies and Groupe 5 Tech Inc., our customers would greatly benefit from the wealth of experience present in the combined organizations. The Groupe 5 Tech engineers share our values, our conscientious con·sci·en·tious  
adj.
1. Guided by or in accordance with the dictates of conscience; principled: a conscientious decision to speak out about injustice.

2.
 concern for the customer and our trademark tenacity when it comes to finding solutions."

Groupe 5 Tech Inc. founders Ronald Brewer and Richard Scholz will remain in key positions within the new organization. Each has over 25 years of experience in the medical equipment industry. Together and separately, they have pioneered new developments in CT-based simulation for Radiation Oncology radiation oncology
n.
The branch of radiology that deals with the use of ionizing radiation to treat cancers.


radiation oncology 
. All locations will operate under the Atlas Medical Technologies name. Terms of the deal were not disclosed. "All three of us share the understanding that quality and dependability are the backbone of a successful business," commented new president, Brewer. "Clearly, with this expansion, Groupe 5 Tech wins, Atlas Medical Technologies wins and most of all, our customers win."

Several months ago, Atlas Medical Technologies announced their move to a new California location that more than triples their former capacity for producing refurbished CT and MRI CT and MRI
Two high technology methods of creating images of internal organs. Computerized axial tomography (CT or CAT) uses x rays, while magnetic resonance imaging (MRI) uses magnet fields and radio-frequency signals. Both construct images using a computer.
 scanners. "Our goal is to continue to expand regionally," said Mr. Stockton, "both organically and by acquiring quality organizations with an ongoing reputation for excellent service and support."

Atlas Medical Technologies is a turnkey provider of quality pre-owned imaging equipment, from site planning Site planning in landscape architecture and architecture refers to the organizational stage of the landscape design process. It involves the organization of land use zoning, access, circulation, privacy, security, shelter, land drainage, and other factors.  to service. To learn about the rent, lease or purchase options offered by Atlas Medical Technologies, visit www.atlasmedtec.com.
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Publication:Business Wire
Geographic Code:1USA
Date:May 8, 2003
Words:362
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