Deindoerfer Retires From IRIS Board.Business Editors CHATSWORTH, Calif.--(BUSINESS WIRE)--Feb. 3, 2000 International Remote Imaging Systems Inc. (AMEX AMEX See: American Stock Exchange :IRI Iri (ē`rē`), former city, North Jeolla (Cholla) prov., SW South Korea. An agricultural center and transportation hub, it was absorbed into Iksan. ), a leading manufacturer and worldwide marketer of 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 imaging systems, today announced that Dr. Fred H. Deindoerfer, its founding chairman and long-time chief executive officer, has retired from the board of directors. Deindoerfer will continue to serve the company as a special consultant and has been bestowed the honorary title Honorary title may refer to:
Deindoerfer, who co-founded IRIS more than 20 years ago, announced to the IRIS stockholders at their annual meeting this past June that, since he will reach his 70th birthday before the end of the year, it was his intention to retire as an active member of management by the new millennium. Deindoerfer was first elected a director of the company in 1980 and became its chairman of the board of directors, president and chief executive officer later that year. Apart from being an IRIS founder, Deindoerfer is a well-known health-care entrepreneur and innovator. He spearheaded the development and commercial introduction of The Yellow IRIS yellow iris irispseudacorus. family of urinalysis urinalysis (y r'ənăl`ĭsĭs), clinical examination of urine for the purpose of medical diagnosis. workstations and is one of the key inventors of imaging flow microscopy and many other important elements of IRIS proprietary automated intelligent microscopy (AIM) technology. Toward his retirement, Deindoerfer turned over day-to-day responsibilities for running the company to his successor, Dr. John A. O'Malley, who was appointed chief executive officer and president last year. Deindoerfer remained chairman of the board through a transitional period until the end of 1999. At that time, O'Malley assumed the additional role of chairman of the board. In making the announcement, O'Malley said: &uot;Dr. Deindoerfer unselfishly devoted more than 20 years of his life to building IRIS into an important participant in the medical diagnostic business and has more than earned the right to now spend his time with family and in pursuit of his other interests. &uot;However, having known Fred for more than 30 years, I expect that he will continue to make available to the company his knowledge, wisdom and many years experience.&uot; IRIS designs, develops, manufactures and markets IVD (Interactive VideoDisc) See interactive video. imaging systems based on its patented and proprietary AIM technology for automating microscopic procedures performed in hospital and reference clinical laboratories and genetics laboratories worldwide. Its major product lines are The Yellow IRIS(R) family of urinalysis workstations, the PowerGene(TM) line of cytogenetic cytogenetic /cy·to·ge·net·ic/ (-je-net´ik) 1. pertaining to chromosomes. 2. pertaining to cytogenetics. cytogenetic pertaining to or originating from the origin and development of the cell. analyzers and the StatSpin line of centrifugal specimen preparation devices. |
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