Corporate Profile for Clarus Medical Systems Inc., dated Oct. 18, 1996.--(BUSINESS WIRE)--The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and information services See Information Systems. . These include Dow Jones Dow Jones the best known of several U.S. indexes of movements in price on Wall Street. [Am. Hist.: Payton, 202] See : Finance News/Retrieval, Bloomberg Financial Markets, Reuter Company Newsyear, Reuter Business Briefing, DataTimes, Nexis, Dialog, NewsNet, America OnLine See AOL. , CompuServe, Delphi, Individual's HeadsUp and First!, Desktop Data's NewsEdge, UMI UMI University Microfilms International UMI United States Minor Outlying Islands (ISO Country code) UMI University of Miami UMI Universal Management Infrastructure (IBM) Data Courier, NewsBank, Information Access Company, Prodigy, Comtex, and many others. -0-
Published Date: Oct. 18 1996
Company Name: Clarus Medical Systems, Inc.
Address: 1000 Boone Avenue North
Mpls, MN 55427
Main Telephone
Number: 612-525-8400
Chief Executive
Officer: Dennis L. Sellke, Chairman and CEO
Chief Financial
Officer: Judy Folsom, Controller and Treasurer
Investor Relations
Contact: Judy Folsom, Controller and Treasurer
Business number: 612-525-8400
Home number: N/A
e-mail address: N/A
Public Relations
Contact: Dennis L. Sellke, Chairman and CEO
Business number: 612-525-8400
Home number: N/A
e-mail address: N/A
URL Address: N/A
Trading Symbol: N/A
Industry: Medical Devices
Company description: Clarus Medical Systems, Inc. is a privately held medical device company engaged in the design, manufacture and marketing of small, flexible, fiber optic endoscopes and "seeing" medical instruments. Business is divided into three sectors: -- Neurosurgical endoscopy endoscopy Examination of the body's interior through an instrument inserted into a natural opening or an incision, usually as an outpatient procedure. Endoscopes include the upper gastrointestinal endoscope (for the esophagus, stomach, and duodenum), the colonoscope (for the is supported by more than 50 independent sales agents and distributors in North America, Japan and Europe. This distribution channel calls on neurosurgeons interested in improving clinical outcomes for their patients via enhanced direct imaging and less invasive surgical techniques. -- OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and endoscopy products. "Private label" contract engineering and manufacturing enables Clarus to extend core technology across all surgical fields. Seven companies now source their diverse fiber optic endoscopy needs from Clarus. -- Percutaneous percutaneous /per·cu·ta·ne·ous/ (per?ku-ta´ne-us) performed through the skin. per·cu·ta·ne·ous adj. Passed, done, or effected through the unbroken skin. nerve root decompression. Clarus' LASE product has shown to be 80% effective in eliminating radiating ra·di·ate v. ra·di·at·ed, ra·di·at·ing, ra·di·ates v.intr. 1. To send out rays or waves. 2. To issue or emerge in rays or waves: Heat radiated from the stove. leg pain resulting form contained herniated discs in the lower back. These results, coupled with the absence of hospitalization costs, yield compelling reasons to change the definition of conservative patient management for the majority of patients presenting in the U.S. annually. Sales in these fields are supported by over 50 FDA FDA abbr. Food and Drug Administration FDA, n.pr See Food and Drug Administration. FDA, n.pr the abbreviation for the Food and Drug Administration. product clearances, patents and patents-pending and exceeded $3 million in fiscal year 1996, 75% over 1995. Accelerating growth is expected to continue. CONTACT: Clarus Medical |
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