SEISMED INSTRUMENTS ELECTS NEW BOARD MEMBER
SEISMED INSTRUMENTS ELECTS NEW BOARD MEMBER MINNEAPOLIS, Nov. 20 /PRNewswire/ -- Seismed Instruments, Inc.
(NASDAQ: SEIS), announced that David C. Makarewicz, president of St. Jude Medical Division of St. Jude Medical, Inc., was elected to the board of directors of Seismed Instruments on Nov. 19, 1991. Makarewicz will assume the board seat being vacated by Richard Gottier of Minnesota Seed Capital.
Gottier is leaving the board to focus on earlier stage companies in the Minnesota Seed Capital portfolio. Sandra Garlough, president and CEO of Seismed Instruments, said, "Dick Gottier has been a valuable resource to our company. We are sad to see Dick leave and we will miss his contributions. We are delighted, however, that Dave Makarewicz has agreed to replace Dick on our board of directors. Dave brings a strong history in medical products management to our board, and we are looking forward to his guidance." Seismed Instruments is engaged in the development of noninvasive diagnostic cardiology instrumentation. The company's first product, the seismocardiograph, SCG-2000, is used in conjunction with routine stress testing to evaluate the biomechanical performance of the heart. The addition of this relatively easy test procedure adds significant diagnostic accuracy and helps physicians in the early diagnosis of coronary artery disease. Seismed Instruments completed its initial public offering March 20, 1991. The securities firm of Miller, Johnson and Kuehn was the underwriter for the offering. The company is traded under the NASDAQ symbol SEIS. -0- 11/20/91 /CONTACT: Sandra J. Garlough, president & CEO of Seismed Instruments, 612-473-5151/ (SEIS) CO: Seismed Instruments, Inc. ST: Minnesota IN: MTC SU: PER
JS -- MN013 -- 5456 11/20/91 12:56 EST
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|Date:||Nov 20, 1991|
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