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Merit Medical Introduces Viceroy Inflation Device.


SOUTH JORDAN, Utah South Jordan is a city in Salt Lake County in the U.S. state of Utah. The population was 29,437 at the 2000 census. As of September 1, 2007, the population was estimated at 50,109 [1]. South Jordan has been one of the fastest-growing cities in Utah since the early 1990s.  -- Merit Medical Systems, Inc. (Nasdaq/NMS:MMSI MMSI Maritime Mobile Service Identity
MMSI Miniature Munitions/Store Interface
MMSI Military Membership Status Identifier
), a leading manufacturer and marketer of proprietary disposable accessories used primarily in cardiology and radiology procedures, announced full market release of its new Viceroy(TM) inflation device today.

The Viceroy is the fifth inflation device, and the third analog inflation device, to be added to Merit's inflation device line that already has approximately 50% worldwide market share. The Viceroy offers patented technology, and its design allows for faster inflations and deflations. A 60 ml size, which is a new size for Merit, will allow sales to previously untapped markets. The 10 and 20 ml sizes will add to Merit's leadership position. The second of seven new Merit products scheduled for release by the end of the year, the Viceroy represents an estimated market opportunity of $15-20 million.

"The Viceroy targets expanded international markets and previously inaccessible opportunities in radiology, urology urology

Medical specialty dealing with the urinary system and male reproductive organs. It traces its origin to medieval lithologists, itinerant healers who specialized in surgical removal of bladder stones.
, gastrointestinal and OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and  markets," said Fred P. Lampropoulos, Merit's Chairman and Chief Executive Officer. "The new 60 ml size also creates the opportunity for Merit to become involved in valvuloplasty valvuloplasty /val·vu·lo·plas·ty/ (val´vu-lo-plas?te) plastic repair of a valve, especially a heart valve.

balloon valvuloplasty
 and peripheral interventional procedures."

ABOUT MERIT

Founded in 1987, Merit Medical Systems, Inc. is engaged in the development, manufacture and distribution of proprietary disposable medical accessories used in interventional and diagnostic procedures, particularly in cardiology and radiology. Merit serves client hospitals worldwide with a domestic and international sales force totaling approximately 70 individuals. Merit employs approximately 1,440 people worldwide, with manufacturing facilities in Salt Lake City and South Jordan, Utah; Santa Clara, California Santa Clara, California (IPA: /ˌsæntəˈklærə/) , founded in 1777 and incorporated in 1852, is a city in Santa Clara County, in the U.S. state of California. ; Angleton, Texas; Richmond, Virginia; Maastricht, The Netherlands; and Galway, Ireland.

Statements contained in this release which are not purely historical are forward-looking statements within the meaning of the Private Securities Litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute.

When a person begins a civil lawsuit, the person enters into a process called litigation.
 Act of 1995 and are subject to risks and uncertainties such as those described in Merit's Annual Report on Form 10-K Form 10-K

A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information.


Form 10-K

See 10-K.
 for the year ended December 31, 2004. Such risks and uncertainties include market acceptance of new products, introduction of products in a timely fashion, product recalls, delays in obtaining regulatory approvals, or the failure to maintain such approvals, cost increases, fluctuations in and obsolescence ob·so·les·cent  
adj.
1. Being in the process of passing out of use or usefulness; becoming obsolete.

2. Biology Gradually disappearing; imperfectly or only slightly developed.
 of inventory, price and product competition, availability of labor and materials labor and materials (time and materials) n. what some builders or repair people contract to provide and be paid for, rather than a fixed price or a percentage of the costs. , development of new products and technology that could render our products obsolete, product liability claims, modification or limitation of governmental or private insurance reimbursement, infringement of our technology or the assertion that our technology infringes the rights of other parties, foreign currency fluctuations, challenges associated with the Company's growth strategy, changes in health care markets related to health care reform initiatives, litigation and other factors referred to in the Company's 10-K and other reports filed with the Securities and Exchange Commission. All subsequent forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these cautionary statements. Actual results may differ materially from anticipated results. Financial estimates are subject to change and are not intended to be relied upon as predictions of future operating results, and Merit assumes no obligation to update or disclose revisions to those estimates.
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Jun 23, 2005
Words:507
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