Craig M. Swanson To Leave Protocol Systems, Inc.BEAVERTON Beaverton, city (1990 pop. 53,310), Washington co., NW Oreg., a suburb of Portland, in a farm area; inc. 1893. Beaverton is the heart of the Silicon Forest high-technology manufacturing complex. Headquarters for electronics companies and NIKE, Inc., are there. , Ore.--(BUSINESS WIRE)--Sept. 21, 1999-- Protocol Systems Inc. (Nasdaq:PCOL PCOL Pipe Club of London (UK) PCOL Predominant Cause Of Loss (insurance) PCOL Procuring Contracting Officer Letter PCOL Presbyterian Church of Lawrenceville (Lawrenceville, NJ) ) today announced that its vice president of finance and business development, chief financial officer and secretary, Craig M. Swanson, 57, will be leaving the Company in late October 1999. Swanson will be joining Cascade A connected series of devices or images. It often implies that the second and subsequent device takes over after the previous one is used up. For example, cascading tapes in a dual-tape backup system means the second tape is written after the first one is full. Microtech, Inc., a privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. in Beaverton, Ore. in a similar role. "Craig has been an integral part of Protocol since its start-up Start-up The earliest stage of a new business venture. days dating back to 1988," said Robert F. Adrion, Ph.D., president and chief executive officer of Protocol Systems. "He has been a significant contributor to the past success and growth of this Company and we wish him well in his new pursuit." Protocol will immediately initiate a search for a new vice president of finance and chief financial officer. In the interim, Edward M. Kolasinski, 41, Protocol vice president of 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 products will manage the financial duties of the Company. Kolasinski previously served as president and vice president of finance and chief financial officer of Pryon Corporation which was acquired by Protocol Systems in 1996. Protocol Systems Inc. (Nasdaq:PCOL) designs, manufactures and markets patient monitoring instruments and systems utilizing innovative design, advanced software concepts and leading electronic technology. Protocol is based in Beaverton, Ore. and its products are available in more than 90 countries around the world. Protocol is a registered trademark of Protocol Systems Inc. Other product and company names mentioned herein are for identification purposes only and may be the trademarks or registered trademarks of their respective companies. |
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