Invacare Corporation Named to Better Investing's ``Top 100 Companies'' List For Sixth Time.Business Editors, Health/Medical Writers ELYRIA, Ohio--(BUSINESS WIRE)--March 25, 2002 Invacare Corporation (NYSE NYSE See: New York Stock Exchange :IVC IVC abbr. inferior vena cava ) has been named to Better Investing's list of "Top 100 Companies," the publication's annual survey of the National Association of Investors Corporation National Association of Investors Corporation A Michigan-based association that helps groups establish investment clubs. (NAIC NAIC See National Association of Investors Corporation (NAIC). ) investment clubs for their mostly widely held stocks. Invacare ranked number 68 out of 100 companies ranked. This is the sixth time Invacare has been named to the list. Other notable companies which made the list include General Electric, Intel Corporation (company) Intel Corporation - A US microelectronics manufacturer. They produced the Intel 4004, Intel 8080, Intel 8086, Intel 80186, Intel 80286, Intel 80386, Intel 486 and Pentium microprocessor families as well as many other integrated circuits and personal computer networking , Microsoft Corporation, Merck & Company, and Johnson & Johnson, among others. Better Investing is the official publication of the NAIC, which is a non-profit organization comprised of investment clubs and individual investors. It was founded in 1951 to increase the number of individual investors in common stock and to provide a program of investment education and information for both inexperienced and experienced investors. Surveys were mailed to NAIC investment clubs, and the results included in the survey are based on the club's portfolios, with figures in the listing prorated to represent all NAIC investment clubs. At number 68 on the list, Invacare had a total of 1,298 NAIC member clubs holding its stock, which represents more than 450,000 shares and a value in excess of $16 million. "We continue to be gratified grat·i·fy tr.v. grat·i·fied, grat·i·fy·ing, grat·i·fies 1. To please or satisfy: His achievement gratified his father. See Synonyms at please. 2. that members of the NAIC have chosen Invacare as a company in which they wish to invest their hard-earned dollars, and we are particularly pleased to be ranked once again in Better Investing's Top 100 Survey," said A. Malachi Mixon, III, chairman and chief executive officer of Invacare Corporation. Invacare Corporation (NYSE:IVC) is the global leader in the manufacture and distribution of innovative home medical products which promote recovery and active lifestyles through more than 25,000 providers. The company, which had 2001 revenues of $1.05 billion, goes to market in the following channels of distribution: home care, mass retail and institutional. Within these channels of distribution, Invacare participates in the following product segments: Home Care, which includes rehab products, respiratory products, manual wheelchairs, home care beds, therapeutic support surfaces and personal care products marketed by Invacare's Home Care Group; Soft Goods and Supplies, which includes ostomy ostomy Surgical opening in the body, or the operation creating it, usually to allow discharge of wastes through the abdominal wall. It may be temporary, to relieve strain on damaged organs, or permanent, to replace normal channels congenitally missing or surgically removed , incontinence, wound care and diabetic supplies marketed by Invacare Supply Group; and Institutional, which includes nursing home beds, patient lifts and slings, nursing home furniture and bathing systems marketed by Invacare Continuing Care continuing care a professional convention that a veterinarian who is treating an animal is obliged to continue treating that case unless an arrangement is made with its custodian to transfer the care to another practitioner or to a specialist. Group. The company's headquarters are in Elyria, Ohio, and the firm has manufacturing plants in the United States, Australia, Canada, Denmark, Germany, France, Mexico, New Zealand New Zealand (zē`lənd), island country (2005 est. pop. 4,035,000), 104,454 sq mi (270,534 sq km), in the S Pacific Ocean, over 1,000 mi (1,600 km) SE of Australia. The capital is Wellington; the largest city and leading port is Auckland. , Portugal, Sweden, Switzerland and the United Kingdom. For more information about the company, visit Invacare's website at www.invacare.com. |
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