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Frost & Sullivan Recognizes Access CardioSystems for Entrepreneurial Success in the Worldwide External Defibrillator Market.


Health/Medical Writers

PALO ALTO Palo Alto, city, California
Palo Alto (păl`ō ăl`tō), city (1990 pop. 55,900), Santa Clara co., W Calif.; inc. 1894. Although primarily residential, Palo Alto has aerospace, electronics, and advanced research industries.
, Calif.--(BUSINESS WIRE)--Oct. 29, 2003

In the recent study, "The World External Defibrillator defibrillator, device that delivers an electrical shock to the heart in order to stop certain forms of rapid heart rhythm disturbances (arrhythmias). The shock changes a fibrillation to an organized rhythm or changes a very rapid and ineffective cardiac rhythm to a  Market," Frost & Sullivan named Access CardioSystems as the recipient of the 2003 Successful Entrepreneurial Company Award for its pioneering work in identifying distinctive product solutions with strong market potential, as well as for its exceptional marketing strategies.

Although the company entered the external defibrillator market recently, Access CardioSystems has firmly established its position as a provider of universally accessible automated external defibrillators automated external defibrillator Emergency medicine A portable device designed for use by first-response personnel for out-of-hospital emergency treatment of Pts suffering from cardiac arrest. See First-response personnel.  (AEDs) within a short period of time. Recognizing the need to broaden product reach to include end users from all walks of life, Access CardioSystems has consistently worked to bring state-of-the-art technology to the market, while continuing to focus on equally important factors such as size reduction, portability and cost.

The company's steadfast dedication to achieving these goals has resulted in the development of AccessAED, a basic single-mode device targeted at early responders and the public access market, and AccessALS, a compact, dual-mode device with a manual override A manual override is a procedure where an otherwise automatic system is taken under manual control, usually from computer control. Examples of manual overrides in Fact
 option targeted at the emergency medical services An Emergency medical service (abbreviated to initialism "EMS" in many countries) is a service providing out-of-hospital acute care and transport to definitive care, to patients with illnesses and injuries which the patient believes constitutes a medical emergency.  (EMS), police and fire services
"Fire Services" also refers to fire fighting services.


Fire Services (Chinese:消防) is a Hong Kong football club. The majority of the players are working for the Fire Services Department in Hong Kong and playing for the club on
 markets.

Frost & Sullivan presents the Successful Entrepreneurial Award to companies that have demonstrated superior entrepreneurial ability in their particular industry. Extensive primary research forms the basis of recipient selection and includes in-depth interviews with major industry participants and competing companies being considered in this category. These interviews yield a depth of critical information on the particular company's products, business and marketing plans and help benchmark the recipient's growth strategies against those of established industry participants.

Frost & Sullivan's research revealed that a sound management team with many years of experience in areas such as product design, production, marketing and sales forms an integral part of Access CardioSystems' success in rapidly penetrating the external defibrillator market.

The company's sustained attention to cost reduction has helped it keep its basic AED AED - Automated Engineering Design  model affordable as well as offer wider options to end users, such as the opportunity to purchase two devices for the price of one when compared to competitive models on the market. Emergency medical services and medically advanced users also have the option to choose a device that switches from automated au·to·mate  
v. au·to·mat·ed, au·to·mat·ing, au·to·mates

v.tr.
1. To convert to automatic operation: automate a factory.

2.
 to manual mode at slightly higher prices.

Access' recent achievements include being awarded EMS rural state grants in Washington, Idaho, Florida, Tennessee and Maine, representing significant sales. These grants speak volumes of the company's technology, reliability, quality and customer service.

"Access CardioSystems not only brings a wealth of industry knowledge, but also a deep connection to end users through its senior management's long association with the industry," says Frost & Sullivan industry analyst Katherine Shariq. "As a result, Access CardioSystems has been able to hit the ground running and maintain that momentum while growing the business both in the Unites States and abroad."

About Access CardioSystems

Access CardioSystems is a privately held medical device company committed to enabling universal access to defibrillation Defibrillation Definition

Defibrillation is a process in which an electronic device sends an electric shock to the heart to stop an extremely rapid, irregular heartbeat, and restore the normal heart rhythm.
 through innovation, manufacturing and distribution of AEDs globally. The company is headquartered in Concord Concord, cities, United States
Concord (kŏng`kərd, kŏn`kôrd').

1 city (1990 pop. 111,348), Contra Costa co., W central Calif.; settled c.1852, inc. 1906.
, Mass. Additional information about Access CardioSystems and its products may be found on the company's Web site at www.accesscardiosystems.com or by calling 866-238-3631.

About Frost & Sullivan

Founded in 1961, Frost & Sullivan is recognized as a global leader in growth consulting. Frost & Sullivan Awards A Sullivan Award may refer to:
  • Algernon Sydney Sullivan Award or Mary Mildred Sullivan Award; awarded at 29-grantee institutions of the Algernon Sydney Sullivan Foundation.
 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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Date:Oct 29, 2003
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