|
PRESS RELEASE |
FOR
IMMEDIATE RELEASE
Date:
Contact: Anne-Marie
Wright, Merit® Medical Systems, Director of Corporate Communications, (801)
208-4167
David Tietjen, Merit Sensor Systems™, Vice
President of Sales and Marketing, (408) 987-0567
MERIT SENSOR SYSTEMS JOINS
SANTA CLARA, CA – Merit Sensor Systems, Inc., a leader in component-level piezoresistive pressure sensor
solutions, announced its affiliation with the “Defense and Homeland Security”
economic cluster of
“We are pleased to announce the addition of Merit Sensor Systems
to the cluster,” said Dr. Greg Jones, Director of the Economic Cluster Initiative
(ECI). “Merit Sensor Systems brings key technical competencies and
entrepreneurial drive as well as the support and resources of its parent
company, Merit Medical Systems,” said Colonel (retired) Gary Harter, Director
of the Defense and Homeland Security Cluster.
The ECI is a government-sponsored program designed to accelerate
economic growth and job creation through the coordination and cooperation of
government, academia and business. The
Defense and Homeland Security Cluster encompasses “Smart
Sensors and Autonomous Systems.”
“We are delighted to be involved in the cluster initiative,” said Fred P. Lampropoulos, Chairman and CEO of Merit
Medical Systems. “This is a great
platform from which we can contribute to the economic advancement and well-being
of the State of
About Merit Sensor Systems, Inc.
Merit
Sensor Systems, Inc. partners with customers to design, fabricate, assemble and
package reliable, cost-effective pressure sensor solutions for automotive,
medical, industrial, aviation, defense and consumer applications. Merit Sensor Systems is currently located in
About Merit Medical Systems, Inc.
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 85 individuals. Merit employs approximately 1,500 people worldwide, with facilities in Salt Lake City and South Jordan, Utah; Santa Clara, California; Angleton, Texas; Richmond, Virginia; Jackson, New Jersey; Maastricht, The Netherlands; and Galway, Ireland (www.merit.com; 801-253-1600; NASDAQ: MMSI).
Statements contained in
this release which are not purely historical are forward-looking statements
within the meaning of the Private Securities Litigation Act of 1995 and are
subject to risks and uncertainties such as those described in Merit’s Annual
Report on Form 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 of inventory, price and product competition,
availability of labor and materials, 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.
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