Printer Friendly
The Free Library
19,604,530 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Criticare Systems, Inc. -CSI- Comment On Recent Share Price Volatility.


Business Editors/Medical Writers

MILWAUKEE--(BUSINESS WIRE)--Aug. 7, 2002

CRITICARE SYSTEMS, INC inc - /ink/ increment, i.e. increase by one. Especially used by assembly programmers, as many assembly languages have an "inc" mnemonic.

Antonym: dec.
. (NASDAQ-NMS: CXIM). CSI CSI Crime Scene Investigator
CSI CompuServe, Inc.
CSI Commodity Systems, Inc.
CSI Commodity Systems Inc. (Boca Raton, FL)
CSI Crime Scene Investigation (CBS TV show)
CSI Christian Schools International
 today commented on the recent volatility of its stock price. In response to this activity, CSI states the following. "The company's operations remain strong with no unusual event having occurred. We currently have in excess of a dozen potential 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  partners that have entered into non-disclosure agreements concerning our proprietary anesthesia products. CSI recently received its first shipment of automatic external defibrillators automatic external defibrillator Smart defibrillator Cardiology A device designed to monitor the heart's electric activity and, if ventricular fibrillation is identified, deliver an electric shock. See Defibrillator, Ventricular fibrillation.  from ACCESS Cardiosystems and have distributed these throughout our sales network. Last week the company moved its headquarters consistent with the sale of the property allowing CSI to become entirely debt free with a strong balance sheet. The company is continuing its stock buyback Stock buyback

A corporation's purchase of its own outstanding stock, usually in order to raise the company's earnings per share.


stock buyback

See buyback.
 program and has consistently done so since the announcement on March 5, 2002. Management also continues to explore alternative strategies that can add or accelerate shareholder value."

CSI (www.csiusa.com) designs, manufactures, and markets cost-effective patient monitoring systems and noninvasive sensors for a wide range of hospitals and alternate health care environments throughout the world.

This press release contains forward-looking statements forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
. Such statements refer to the company's beliefs and expectations. Forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those described. Such uncertainties include, but are not limited to, the timely completion of new products, regulatory approvals for new products, the risk of new and better technologies, risks relating to relating to relate prepconcernant

relating to relate prepbezüglich +gen, mit Bezug auf +acc 
 international markets, as well as general conditions and competition in the company's markets. Other risks are set forth in CSI's reports and documents filed from time to time with the Securities and Exchange Commission.
COPYRIGHT 2002 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Aug 7, 2002
Words:276
Previous Article:New High-Rate GaAs via Etch Solution From Unaxis Semiconductors.
Next Article:AIG Subsidiary to Establish Medical Excess LLC to Provide Employer Stop Loss Coverage.
Topics:



Related Articles
Criticare Systems, Inc. -CSI- Reports Third Quarter Results.
CSI Announces Fourth Quarter and Year-End Results.
CSI Announces First Quarter Results.
Criticare Systems, Inc. -CSI- Announces the Addition of Dr. Higgins Bailey to Its Board of Directors.
Criticare Systems, Inc. -CSI- Appoints New Director and V.P.-Finance.
Criticare Systems, Inc. Announces Hiring of Investment Bank Leerink-Swann.
CSI Announces Marketing Agreement With Anesthesia Equipment Manufacturer, Royal Medical Co., Ltd.
Criticare Systems, Inc. Announces Allowance of a Key Patent Covering Portable, Wireless Vital Signs and IV Pump Remote Monitoring.
Criticare Systems, Inc. -CSI- Announces Stock Buyback.
Criticare Systems, Inc. - CSI - Expands Partnership With BioCare Corporation for China and Taiwan.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles