TomTec Imaging Systems' Senior Management Acquires Outstanding Shares from ABN AMRO Ventures B.V. Netherlands.MUNICH, Germany -- TomTec's senior management announces the acquisition of outstanding shares held by ABN AMRO ABN AMRO Algemene Bank Nederland-Amsterdam Roterdam Bank (Dutch bank) B.V. Netherlands. With the acquisition of these shares, TomTec's senior management demonstrated its trust and confidence into TomTec's business strategy and the future growth of the company. ABN AMRO joined TomTec Imaging Systems GmbH as a shareholder at the beginning of 2000. This cooperation enabled TomTec to further strengthen its leading position in medical ultrasound. In 2004 ABN AMRO decided to change their portfolio of German investments. At this time the TomTec senior management started to negotiate the acquisition of outstanding shares and has now successfully completed these transactions. "The four active shareholders of TomTec -- Holger Frank, Bernhard Mumm, Frank Schlau and Ulrich Haupt -- established their own investment company named mc2ap Beteiligungsgesellschaft mbH. The mc2ap Beteiligungsgesellschaft mbH did buyback the outstanding TomTec shares from ABN AMRO. Once again TomTec's senior management showed confidence in further developing TomTec's leading role as a global player in medical ultrasound. By completing this transaction, the TomTec senior management holds nearly 80% of all TomTec shares. TomTec employees hold 2.65% shares, and the remainder of the shares is held by TomTec's Japanese partner Nihon Kohden," states Ulrich Haupt, TomTec's 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. and CFO See Chief Financial Officer. . About TomTec Imaging Systems GmbH TomTec's headquarters are located in Munich, Germany. The company maintains close working relationships with many leading clinical and industrial partners worldwide. With a large installed base of more than 3,000 2D, 3D and 4D systems, TomTec holds a leadership position in 3D/4D and digital ultrasound. Its product line encompasses a wide range of 2D and 3D/4D technology for acquisition, analysis and reconstruction of ultrasound data. The product line is applicable to the fields of adult and pediatric pediatric /pe·di·at·ric/ (pe?de-at´rik) pertaining to the health of children. pe·di·at·ric adj. Of or relating to pediatrics. cardiology cardiology Medical specialty dealing with heart diseases and disorders. It began with the 1749 publication by Jean Baptiste de Sénac of contemporary knowledge of the heart. Diagnostic methods improved in the 19th century, and in 1905 the electrocardiograph was invented. as well as obstetrics and gynecology obstetrics and gynecology Medical and surgical specialty concerned with the management of pregnancy and childbirth and with the health of the female reproductive system. , radiology radiology, branch of medicine specializing in the use of X rays, gamma rays, radioactive isotopes, and other forms of radiation in the diagnosis and treatment of disease. , and vascular. |
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