Corporate Profile for Osmonics Inc., dated June 9, 2000.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. -0-
Published Date: June 9, 2000
Company Name: Osmonics, Inc.
Address: 5951 Clearwater Drive
Minnetonka, MN. 55343-8996
Main Telephone
Number: 952-933-2277
Internet Home
Page Address
(URL) www.osmonics.com
Chief Executive
Officer: D. Dean Spatz
Chief Financial
Officer: Keith B. Robinson
Investor Relations
Contact: Keith B. Robinson
Business number: 612-988-6676
E-mail address: (optional) N/A
Public Relations
Contact: Kristi Schmitz
Business number: 952-988-6186
E-mail address: (optional) N/A
Industry: Fluid Filtration Equipment & Manufacturing
Trading Symbol/ OSM/NYSE
Exchange: N/A
Market Makers: (if public) Baird & Co. Inc., CIBC World Markets, First
Analysis, First Security Van Kasper, Schwab Washington Research Group,
Tucker Anthony Clear Gull.
Company description: Osmonics is a leading manufacturer and worldwide marketer of high technology equipment, controls and components that purify Purify - A debugging tool from Pure Software. water, separate and handle fluids, remove and measure impurities, concentrate wastes, and enable clean water to be recycled or discharged to the environment. The Company offers one of the industry's broadest selections of water treatment products and systems, with the ability to meet customer needs from elementary filtration to complex fluid purification purification, in religion, the ceremonial removal of what the religion deems unclean. The usual agents of purification are water (as in baptism), bodily alteration (as in circumcision), and fire. and material recovery. Since 1983, Osmonics has made many strategic acquisitions that have synergy The enhanced result of two or more people, groups or organizations working together. In other words, one and one equals three! It comes from the Greek "synergia," which means joint work and cooperative action. with existing products and technologies. Osmonics is one of the world's largest intergrated manufacturers of water treatment equipment and components for the industrial, commercial and institutional markets. Since its formation in 1969, Osmonics has continued to develop technology and diversify diversify To acquire a variety of assets that do not tend to change in value at the same time. To diversify a securities portfolio is to purchase different types of securities in different companies in unrelated industries. our purification and separation product offering to five major industries: Health Care, Food and Beverage F&B is a common abbreviation in the United States and Commonwealth countries, including Hong Kong. F&B is typically the widely accepted abbreviation for "Food and Beverage," which is the sector/industry that specializes in the conceptualization, the making of, and delivery of foods. , Power and Processing, Potable potable /pot·a·ble/ (po´tah-b'l) fit to drink. po·ta·ble adj. Fit to drink; drinkable. potable fit to drink. Water, and Electronics. The Company also provided a broad array of water treatment components to OEMs, contractors and system integrators See systems integrator. that incorporate our products in systems. The Company balances sales of capital equipment with replaceable products, which helps alleviate Alleviate To make something easier to be endured. Mentioned in: Kinesiology, Applied cycles in the capital equipment portion of the business. Osmonics maintains a strong market position as more manufacturers recognize the benefits of fluid purity. |
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