SAM STEIN NAMED CHIEF FINANCIAL OFFICER OF LUXTEC CORP.
WORCESTER, Mass., Nov. 10 /PRNewswire/ -- Luxtec Corp. (NASDAQ: LUXTD) today announced the appointment of Sam Stein to the position of chief financial officer of the 12-year-old fiber optic-based surgical equipment firm. He will be responsible for the accounting, financial and administrative activities of the company. "Luxtec is extremely pleased to have Sam Stein join our team at a time when Luxtec is aggressively commercializing its product line, and evaluating new technology acquisitions," said James W. Hobbs, president and chief executive officer of Luxtec. "His arrival marks another addition to Luxtec's new, stronger management team. He brings over 15 years of experience in the financial industry with extensive background in the development of young, high growth, technically oriented companies. Mr. Stein brings strong financial skills and management expertise to his new post. He has developed numerous business plans and successfully raised significant amounts of capital for a variety of companies over the years. His extensive knowledge of the financial markets and corporate management expertise will be a tremendous asset to Luxtec." Prior to joining Luxtec, Stein was at One Write Plus Inc., a Nashau, N.H., company engaged in the development and sale of financial software. Prior to One Write, he co-founded Mitrol Inc., which developed and sold mainframe manufacturing resource planning and accounting systems and served as the chief operating and chief financial officer. He has held positions of chief financial officer with companies ranging from young start-ups to subsidiaries of Fortune 500 corporations. Luxtec is a leading manufacturer of fiber optic lighting products and associated specialty items for use by surgeons in operating rooms. -0- 11/10/93 /CONTACT: James W. Hobbs of Luxtec, 508-856-9454; or Lorraine Ruff of Stoorza Ziegaus & Metzger, 619-236-1332/ (LUXTD)
CO: Luxtec Corp. ST: Massachusetts IN: MTC SU: PER
JL-MF -- SD002 -- 2562 11/10/93 08:01 EST
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|Date:||Nov 10, 1993|
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