FOR IMMEDIATE RELEASE
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.
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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