Frost & Sullivan Honors Spencer Technologies for Excellence in Neurodiagnostics Technology.Business Editors/Health/Medical Writers SAN FRANCISCO--(BUSINESS WIRE)--March 25, 2004 Frost & Sullivan recognized Spencer Technologies for achievements in the field of neurodiagnostics with the Excellence in Technology of the Year Award at last night's 2004 Global Excellence in Medical Devices Awards Banquet. This prestigious award is presented each year to a company that pioneers the development and introduction of an innovative technology -- one that either has affected, or has the potential to impact, several market sectors. It recognizes technical excellence that can significantly contribute to the medical devices industry in terms of adoption, change and competitive posture. Spencer Technologies has focused its research and commercial product development efforts on capturing new market opportunities for its proprietary Digital Power M-Mode(TM) Transcranial Doppler Transcranial Doppler (TCD) is a test that measures the velocity of blood flow through the brain's blood vessels. Used to help in the diagnosis of emboli, stenosis, vasospasm from a subarachnoid hemorrhage (bleeding from a ruptured aneurysm), and other problems, this relatively (PMD (Polarization Mode Dispersion) The type of dispersion that occurs in singlemode fiber due to a lack of perfect symmetry in the fiber and from external pressures on the cable. Light travels over singlemode fiber in two polarization states. ) device in such applications as: embolism embolism Obstruction of blood flow by an embolus—a substance (e.g., a blood clot, a fat globule from a crush injury, or a gas bubble) not normally present in the bloodstream. Obstruction of an artery to the brain may cause stroke. detection, brain blood flow monitoring, clot-busting drug therapy, intra-cranial pressure monitoring (ICP (1) (Internet Cache Protocol) A protocol used by one proxy server to query another for a cached Web page without having to go to the Internet to retrieve it. See CARP and proxy server. ), as well as the diagnosis of Patent Foramen Ovale patent foramen ovale PFO Cardiology An opening between the left and right atria which allows blood to bypass the lungs in utero; the FO normally closes shortly after birth, but remains open in up to 20%; a PFO is, in absence of other cardiac defects, is of no consequence (PFO PFO Patent Foramen Ovale (defect of the heart) PFO Paphos, Cyprus - International (Airport Code) PFO Principal Federal Official (US Departement of Homeland Security) ). The company's achievement is exemplified by its PMD100 device, the world's first and only stand-alone digital PMD system. It is based on a new modality for transcranial Doppler (TCD TCD Trinity College Dublin TCD Chad (ISO Country code) TCD Transcranial Doppler TCD Thermal Conductivity Detector TCD Traffic Control Device TCD Tropical Conservation and Development ) monitoring, the Digital Power M-Mode Doppler(TM) -- a technology that is likely to continue influencing a growing number of critical health applications and market segments. "There had been relatively little innovation in this market segment over the past two decades, and popular TCD tools were considered very specialized and usable only by experts," says Frost & Sullivan industry analyst Rajaram Sankaran. "However, Spencer Technologies is rapidly changing the market by introducing a diverse range of innovative applications, which overlay the platform provided by the PMD(TM) technology and is poised to become the 'gold standard' in TCD monitoring." The PMD100 is the only system to offer digital front-end processing, and full long-term recording and playback reprocessing Reprocessing may refer to:
va·so·spasm n. monitoring, intra-operative monitoring, PFO diagnosis and monitoring and neuro-interventional monitoring. This advanced PMD system also offers considerable advantages over older analog TCD technologies in terms of accuracy, ease of use and effectiveness as a diagnostic and monitoring tool. With the PMD100, new users such as clinicians or technicians take only minutes to set up a "window" or identify the main arteries in the brain that need to be studied. The same task can take significantly longer with existing analog TCD technologies, for experienced users, and has virtually been unavailable to many others. This digital system also offers accuracy levels more than twice those of analog devices Analog Devices (NYSE: ADI) is an American multinational producer of semiconductor devices. Analog specializes in ADC, DAC, MEMS, and DSP chips for consumer and industrial goods. Analog is presently designing circuits in the 65 nanometer to 3 µm process feature sizes range. . Through Spencer's distribution agreement with Terumo Cardiovascular Systems, part of the global healthcare leader Terumo, the PMD100 has gained significant popularity in a relatively short time, not only in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and Canada, but also in countries such as South Korea, Taiwan, Germany, and Switzerland. Most experts in the field are already considering, and in many cases strongly recommending, the PMD100 as their system of choice. Held in San Francisco, the Frost & Sullivan banquet honored world-class companies for outstanding performance and achievements in the medical devices industry. An annual event, the banquet recognizes the quality and merit of distinguished individuals and companies. About Spencer Technologies Spencer Technologies was co-founded in 1992 by Dr. Merrill Spencer, a recognized pioneer and world leader in the development of diagnostic ultrasound diagnostic ultrasound n. Use of ultrasound to obtain images for medical diagnostic purposes. . The company is dedicated to preventing a variety of adverse cardiovascular-related events including strokes, and significantly improving healthcare through the development and use of non-invasive ultrasound technologies for diagnosis, monitoring and therapeutic effects. Based in Seattle, Wash., Spencer Technologies is involved in all aspects of ultrasound through integrated patient services, clinical research, R&D, manufacturing and marketing its products and services. The company was ranked among the 2003 Washington State Fast 50 by Deloitte & Touche. For more information, visit www.spencertechnologies.com. About Frost & Sullivan Founded in 1961, Frost & Sullivan is recognized as a global leader in growth consulting. Frost & Sullivan Awards are presented to companies that demonstrate excellence in their industry, commending the diligence, commitment and innovative business strategies required to advance in the global marketplace. Frost & Sullivan rigorously analyzes specific criteria to determine award recipients in a vast variety of market industries and landscapes. For further information, visit www.frost.com. |
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