Elbit Announces New President for Worldwide Ultrasound Group.HAIFA, Israel--(BUSINESS WIRE)--July 12, 1995--Elbit Ltd. CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Emmanuel Gill announced the appointment of Thomas E. Bird as the new President of Elbit Ultrasound Group, with worldwide responsibility for all of the Elbit ultrasound imaging businesses. "Mr. Bird brings the necessary experience to manage and grow the Elbit Ultrasound Group which represents manufacturing, R&D, marketing and distribution organizations on four continents," said Gill. The acquisition of Diasonics Inc. by Elbit in 1994 has transformed Elbit into a major player in the ultrasound market. Diasonics brought to Elbit complementary technology including advanced high-end radiology and cardiology systems. This acquisition permitted implementation of the Elbit strategy to create a multi-faceted, global ultrasound imaging group by combining the organizations of Diasonics and Elscint into a worldwide entity called Elbit Ultrasound Group. This worldwide group is comprised of all of the ultrasound businesses in Diasonics and Elscint including: Diasonics Ultrasound (Santa Clara Santa Clara, city, Cuba Santa Clara (sän`tä klä`rä), city (1994 est. pop. 217,000), capital of Villa Clara prov., central Cuba. , CA), Sonotron Holding, (Zug, Switzerland) Vingmed Sound, (Horten, Norway) Ausonics Ltd., (Sydney, Australia) and Elscintec (Haifa, Israel). Reporting directly to Emmanuel Gill, Bird will champion the company's goal to increase share in existing radiology and cardiology markets, as well as expand the company's presence into new market segments. He has broad senior management experience and has demonstrated excellent team building skills with large global organizations. He comes to Elbit Ultrasound Group from Management Concepts, where he held the position of president and CEO since 1992. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Bird, "I am very pleased to be associated with the Elbit Ultrasound Group and very optimistic about our future. We plan to implement a focused product vision that emphasizes our commitment to high-end radiology and cardiology while aggressively looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. opportunities to expand our product offerings that will give us a presence in new markets." Gill stated, "In the ultrasound industry, an organization's credibility is built on performance and a proven track record. Over the past several years, the Years, The the seven decades of Eleanor Pargiter’s life. [Br. Lit.: Benét, 1109] See : Time combined efforts of the businesses that comprise Elbit Ultrasound Group have built a reputation for being innovative, entrepreneurial and structured while fulfilling the commitments in the markets they serve. The addition of Mr. Bird is meant to bring this collective organization to even greater heights and further establish Elbit Ultrasound's leadership within the industry." Elbit Ltd., based in Haifa Israel, designs develops, manufactures, markets and provides a wide range of advanced systems, products and services in the defense electronics, medical imaging and commercial fields. As a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , Elbit Ultrasound Group is comprised of Diasonics Ultrasound, Vingmed Sound and Sonotron Holding. The company is committed to designing, developing, manufacturing and marketing diagnostic ultrasound diagnostic ultrasound n. Use of ultrasound to obtain images for medical diagnostic purposes. equipment for the worldwide radiology and cardiology markets. Elscint Ltd., an Elbit subsidiary is a leader in advanced imaging modalities Modalities The factors and circumstances that cause a patient's symptoms to improve or worsen, including weather, time of day, effects of food, and similar factors. including: computerized tomography computerized tomography n. Abbr. CT Computerized axial tomography. Noun 1. computerized tomography - a method of examining body organs by scanning them with X rays and using a computer to construct a series of , nuclear medicine, 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. and ultrasound. Ultrasound development includes Elscintec, based in Haifa, Israel and Ausonics Ltd., based in Sydney Australia. CONTACT: Elbit Ltd., Haifa Emmanuel Gill, 011-972-4-550-219 or Elbit Ultrasound Group, Santa Clara William Hammack, 408/496-3439 |
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