Biopsys Medical, Inc. Elects Two New Directors to its Board; Company Appoints Vice President of Manufacturing and Vice President of Sales.IRVINE, Calif.--(BUSINESS WIRE)--Oct. 7, 1996--Biopsys Medical, Inc. (Nasdaq: BIOP BIOP Baghdad International Airport BIOP Broadcast Inter-ORB Protocol BIOP Burst Idle Optical Protocol BIOP Basis of Issue Plan BIOP Bureau d'Information et d'Orientation Professionnelles (French) ) today announced the election of Edgar J. Cummins, 53, and Norwick B.H. Goodspeed, 47, to its Board of Directors. Cummins is Senior Vice President, Chief Financial Officer of Chiron Vision, a worldwide leader in ophthalmic devices. Goodspeed is President and Chief Executive Officer of McGaw, Inc., a leading supplier of therapy products to home care providers in the U.S. The election of Cummins and Goodspeed brings the total number of directors on the Biopsys Board to seven. "We are pleased to have Ed and Wick join our Board," said Steve Gex, President and Chief Executive Officer of Biopsys. "Both have strong managerial experience in the medical device industry. Their experience and insight will be very valuable in helping our company achieve its growth objectives, and we look forward to their contributions." Cummins, has served as Senior Vice President and Chief Financial Officer of Chiron Vision since 1995. Prior to this, he was Corporate Vice President and Chief Financial Officer of Allergan, Inc., a position he held for ten years. During his tenure at Allergan, Cummins played a significant role in building the company to over a billion dollars in revenue through acquisitions and other strategic financial transactions. He has an MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration from the University of Southern California The U.S. News & World Report ranked USC 27th among all universities in the United States in its 2008 ranking of "America's Best Colleges", also designating it as one of the "most selective universities" for admitting 8,634 of the almost 34,000 who applied for freshman admission and is a CPA (Computer Press Association, Landing, NJ) An earlier membership organization founded in 1983 that promoted excellence in computer journalism. Its annual awards honored outstanding examples in print, broadcast and electronic media. The CPA disbanded in 2000. in the state of California. He currently serves on the Board of Directors of OSI (1) (Open System Interconnection) An ISO standard for worldwide communications that defines a framework for implementing protocols in seven layers. Control is passed from one layer to the next, starting at the application layer in one station, proceeding to the Corporation, a company in the eye care industry. Goodspeed, was appointed President and Chief Executive Officer of McGaw, Inc. in January 1994. Prior to this appointment, he was McGaw's Senior Vice President of Sales and Marketing from May 1991. Goodspeed was previously President and Chief Executive Officer of Vical, Inc., a biotechnology company. He also held executive marketing and management positions at Ohmeda and Baxter International Baxter International Inc. (NYSE: BAX), is a global healthcare company with 48,000 employees and 2006 sales of US$10.4 billion. Its headquarters is in Deerfield, Illinois. . A graduate of Yale, Goodspeed also received an MBA degree from Stanford University Stanford University, at Stanford, Calif.; coeducational; chartered 1885, opened 1891 as Leland Stanford Junior Univ. (still the legal name). The original campus was designed by Frederick Law Olmsted. David Starr Jordan was its first president. . The Company also announced the appointment of Luis J. Berga, 43, as Vice President of Manufacturing, and Scott W. Tremberth, 43, as Vice President of Sales. "With the addition of Luis and Scott, Biopsys has established a strong, experienced senior management team," said Gex. "Manufacturing and sales are clearly critical areas for the future growth and development of our company and we are very pleased that we could attract managers of the caliber of Luis and Scott." Berga, was formerly the Vice President Manufacturing for Minnetech Corporation, a medical device company, which he joined in August 1995. From June 1985 to August 1995, he worked for Baxter Health Corporation in a variety of manufacturing related managerial positions. Tremberth, joined Biopsys in July 1995 as Director of Sales and was appointed Vice President in August 1996. Prior to joining Biopsys, he served for 10 years in various sales management Sales Management Role and Goal Importance of sales management is critical for any commercial organization. Expanding business in not possible without increasing sales volumes, and effective sales management goal is to organize sales team work in such a manner that ensures a positions at Scimed Life Systems, a cardiovascular device company acquired by Boston Scientific The Boston Scientific Corporation (NYSE: BSX) (abbreviated BSC), is a worldwide developer, manufacturer and marketer of medical devices whose products are used in a range of interventional medical specialties, including interventional cardiology, peripheral interventions, Corporation, and Baxter Health Corporation. Biopsys Medical, Inc. is a leading developer, manufacturer and marketer of products for the diagnosis and management of breast cancer. Through its principal product, the Mammotome Biopsy System, the Company offers a less-invasive, cost-effective alternative to open surgical breast biopsy Breast Biopsy Definition A breast biopsy is removal of breast tissue for examination by a pathologist. This can be accomplished surgically, or by withdrawing tissue through a needle. . CONTACT: Biopsys Medical, Inc. Steve Naber, 714/460-7800 or Morgen-Walke Associates, Inc. Doug Sherk, Jenifer Kirtland, Jon Squire, 415/296-7383 Emily Dupree, Andrew Cella, 212/850-5600 |
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