|
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™, Sales
and Marketing,
(408)
987-0567
MERIT
SENSOR SYSTEMS
ACHIEVES
RECORD REVENUES
SANTA CLARA, CA – Merit Sensor Systems, Inc., a leader in component-level piezoresistive pressure sensor
solutions, announced record-breaking revenues today.
“We are pleased to announce that for the quarter ended June
30, 2004 revenues of Merit Sensor were the highest quarterly figures ever
posted in the history of the subsidiary,” said Fred Lampropoulos, Chairman and
CEO of Merit Medical Systems, Inc. “Merit Sensor’s second quarter revenues beat
the highest previous quarter’s revenues (Q3 ’03) by 20%.”
Consistent with prior practice, Merit Medical Systems, Inc. does
not report separate, detailed financial performance figures for Merit Sensor
Systems or any other divisions.
“We are delighted that our new and existing customers are responding
favorably to our new growth initiatives,” said Diana
Upp, President of Merit Sensor Systems. “This
milestone is a vote of confidence that we are adding tangible customer value in
the marketplace.”
-more-
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 products 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 75 individuals. Merit employs
approximately 1,260 people worldwide, with manufacturing facilities in South
Jordan, Utah; Santa Clara, California; Angleton, Texas; and Galway, Ireland (www.merit.com;
801-253-1600; NASDAQ: MMSI).