HEALTHWATCH REPORTS RECORD INTERNATIONAL SALES
HEALTHWATCH REPORTS RECORD INTERNATIONAL SALES BROOMFIELD, Colo., April 30 /PRNewswire/ -- HealthWatch Inc.
(NASDAQ: HEAL) today reported record international sales of $550,000 for the quarter ended March 31, 1992, compared to sales of $450,000 for the like quarter last year. HealthWatch's dramatic increase in international sales was due to the introduction of new products, expansion of its distribution base and increased name recognition within the marketplace.
"We are continuing to develop innovative products and aggressively expand our international distribution base," said Jon Maynell, vice president of international marketing. "HealthWatch recently entered into an agreement with Inchcape plc, of London, a multi-national medical equipment sales and marketing organization with offices throughout Asia Pacific (one of the top 100 British public companies). Inchcape will serve as our base for sales and distribution of our cardiovascular product in Hong Kong, Macau, The Peoples' Republic of China, Singapore, Malaysia and Indonesia. This relationship further reinforces HealthWatch's strong international distributor network, which currently includes distribution to more than 50 countries." Based in Broomfield, HealthWatch is a developer, manufacturer and distributor of medical instrumentation used in screening, diagnosis and management of human cardiovascular disease, the leading cause of death in the United States. -0- 4/30/92 /CONTACT: Sanford L. Schwartz of HealthWatch, 303-465-2000/ (HEAL) CO: HealthWatch Inc. ST: Colorado IN: HEA SU:
BB -- DV001 -- 4756 04/30/92 09:01 EDT
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|Date:||Apr 30, 1992|
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