Corporate Profile for Colorado MEDtech, Inc., dated Sept. 14, 2001.Business Editors --(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 online services, including all of the leading Internet-based services.
Published Date: Sept. 14, 2001
Company Name: Colorado MEDtech, Inc.
Address: 6175 Longbow Drive
Boulder, Colo. 80301
Main Telephone
Number: 303/530-2660
Internet Home
Page Address
(URL): www.cmed.com
Chief Executive
Officer: Stephen K. Onody
Chief Financial
Officer: Gregory A. Gould
Investor Relations
Contact: Julia Ermes
Business number: 303/530-2660
E-mail address: cmedinfo@cmed.com
Public Relations
Contact: Stephen K. Onody
Business number: 303/530-2660
E-mail address: cmedinfo@cmed.com
Industry: Advanced Medical Technology Outsourcing Services
Trading Symbol/
Exchange: Nasdaq:CMED
Market Makers: Fleet Trading, Division of Fleet Securities, Herzog,
Heine, Geduld, Inc. Investec Ernst & Company, J.
Michael Patrick, LLC, J.J.B. Hilliard/W.L. Lyons,
Jefferies & Company, Inc., Knight Securities, LP,
Neidiger, Tucker, Bruner, Robert W. Baird & Co., Inc.,
Sherwood Securities Corp., Spear, Leeds & Kellogg
Company description: Colorado MEDtech, Inc. is a leading full-service OneSource OutSource(TM) provider of advanced medical technology outsourcing (1) Contracting with outside consultants, software houses or service bureaus to perform systems analysis, programming and datacenter operations. Contrast with insourcing. See netsourcing, ASP, SSP and facilities management. services, focused on two healthcare technology markets: 1) Medical Device Outsourcing Services and 2) Medical Imaging Products and Services. In Medical Outsourcing Services, Colorado MEDtech provides comprehensive product design, development, software, medical device connectivity and manufacturing services to imaging, medical device, in vitro in vitro /in vi·tro/ (in ve´tro) [L.] within a glass; observable in a test tube; in an artificial environment. in vi·tro adj. In an artificial environment outside a living organism. diagnostic (IVD (Interactive VideoDisc) See interactive video. ) and biotechnology companies Top 100 Biotechnology Companies The following is a list of the top 100 biotechnology companies ranked by revenue. The first nine companies qualify for the list of the top 50 pharmaceutical companies. worldwide. In Medical Imaging, Colorado MEDtech sells system components and ultrasound accessories to diagnostic, imaging and ultrasound companies worldwide. Colorado MEDtech's business units are CMED CMED Coordinated Medical Emergency Direction CMED Central Massachusetts Emergency Dispatch RELA (RELA), CMED Imaging and Power Systems (IPS (1) (Inches Per Second) The measurement of the speed of tape passing by a read/write head or paper passing through a pen plotter. (2) (IPS) (Intrusion Prevention S ), and CIVCO Medical Instruments Co., Inc. (CIVCO), a wholly-owned subsidiary. RELA provides custom product development services, specializing in the design and development of IVD, biotechnology, therapeutic medical devices and medical software systems. RELA also provides manufacturing services for electronic and electromechanical The use of electricity to run moving parts. Disk drives, printers and motors are examples. Electromechanical systems must be designed for the eventual deterioration of moving components that wear over time. The first TVs were electromechanical systems (see video/TV history). medical devices and instrumentation systems assembly for major OEMs. IPS designs and develops a broad range of imaging system hardware and software, including advanced magnetic resonance imaging magnetic resonance imaging (MRI), noninvasive diagnostic technique that uses nuclear magnetic resonance to produce cross-sectional images of organs and other internal body structures. (MRI 1. (application) MRI - Magnetic Resonance Imaging. 2. MRI - Measurement Requirements and Interface. ) application software, high-performance radio frequency (RF) amplifiers for MRI systems and high-voltage x-ray generator subsystems for computed tomography Computed tomography (CT scan) X rays are aimed at slices of the body (by rotating equipment) and results are assembled with a computer to give a three-dimensional picture of a structure. (CT) scanners. Additionally, IPS provides custom design and development services. CIVCO designs, manufactures, distributes and sells medical accessories and supplies for ultrasound imaging equipment and for minimally invasive surgical equipment. CIVCO also sells imaging supplies including gel, disinfectants, printers and media. Colorado MEDtech's revenues were $77.2 million for the year ended June 30, 2001, and net loss was $1.4 million prior to one-time charges. Colorado MEDtech stock traded between $3.03 and $10.00 per share during the fiscal year July 1, 2000, through June 30, 2001. |
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