Micron Products, Inc. Announces Formation of New Division
03 Enero 2006 - 8:35AM
Business Wire
Micron Products, Inc. ("Micron") a wholly owned subsidiary of
Arrhythmia Research Technology, Inc. (the "Company") (AMEX: HRT) is
pleased to announce the formation of Micron Integrated Technologies
("MIT") specializing in the production of metal and plastic
components for the medical and defense industries. Mark LaViolette,
Vice President of Sales and Marketing remarked, "We are pleased to
announce the formation of MIT and the addition of Mr. Daniel R.
White as the Director of Business Development to the Micron sales
team. Mr. White brings over twenty years of metal forging,
investment casting, and metal machining experience to our expanded
production capabilities. His network of international suppliers of
various ferrous and non-ferrous metal products compliments the
internal and local capabilities of the new MIT division." James E.
Rouse, the Company's President and CEO commented, "The expansion of
Micron's offerings with this division will better serve our
existing customer base and allow for diversification into new
markets. We will provide end-to-end product life cycle management
through a comprehensive portfolio of value-added services such as
design, engineering, prototyping, manufacturing, machining,
assembly and packaging. We are very excited about the prospects for
growth in the future." The Company, through Micron, manufacturers
silver plated and non-silver plated conductive resin sensors and
distributes metal snaps used in the manufacture of disposable ECG,
EEG, EMS, and TENS electrodes. Micron's NEM division manufactures
custom injection molded products for medical, electronic,
industrial and consumer applications. The Company's products also
include proprietary signal-averaging electrocardiography (SAECG)
software used in the detection of potentially lethal heart
arrhythmias. Forward-looking statements made herein are based on
current expectations of the Company that involve a number of risks
and uncertainties and should not be considered as guarantees of
future performance. The factors that could cause actual results to
differ materially include: interruptions or cancellation of
existing contracts, impact of competitive products and pricing,
product demand and market acceptance, risks, the presence of
competitors with greater financial resources than the Company,
product development and commercialization risks, and changing
economic conditions in developing countries. More information about
factors that potentially could affect the Company's financial
results is included in the Company's filings with the Securities
and Exchange Commission, including its Annual Report on Form 10-KSB
for the year ended December 31, 2004.
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