Ultrasonix Medical Corporation Announces Expansion Plan in 2009
/EIN News/ Richmond, BC, Canada – February 18th, 2009 – Ultrasonix Medical Corporation, a
leading developer and manufacturer of high quality diagnostic ultrasound imaging
systems announced today its plan for continued growth in 2009.
Ultrasonix recently released SonixTOUCH, a compact, portable diagnostic ultrasound
system developed around the 3rd generation OpenSONIX platform that is capable of
generating premium-level image quality. This system is completely touch screen driven
allowing for an easy reconfigurable user interface. The system can be configured for
virtually any ultrasound application, making it the world’s first true application and user
adaptable ultrasound system.
“Despite the challenging market conditions, Ultrasonix was able to turn into a profitable
ultrasound imaging company and has devised a niche-market strategy approach that is in
line with where the ultrasound market growth is most likely to happen. While there are
challenges to overcome worldwide in 2009, I think that Ultrasonix has positioned itself
very well for success” said Harvey Klein, PhD, president of Klein Biomedical
To support further growth and continuously improve customer orientation and its
distribution channels, Ultrasonix recently hired new direct representatives in
Massachusetts and New York. In addition, the company plans to add additional USbased
direct sales representatives throughout 2009 to further improve direct distribution
of the SonixTOUCH EMed and SonixTOUCH Anesthesia.
Ultrasonix will also expand its network of distribution partners throughout North
America, in particular for the private market segment. Those activities will be managed
by John Nichols who has recently joined the company as Channel Sales Manager, North
America. John was previously managing distribution in the electronics industry and
brings great experience in the distribution business.
For the fiscal year ended December 31, 2008, Ultrasonix experienced strong growth with
total platform install base passing the 3,000 mark. The successes in 2008 have positioned
the company with a strong balance sheet, no debt and robust working capital to support
its expansion plans for fiscal 2009.
About Ultrasonix: Ultrasonix (www.ultrasonix.com) is a leading developer and
manufacturer of high quality diagnostic ultrasound imaging systems. The company’s
OpenSONIX ultrasound technology provides superior image quality, ease of use and
clinical flexibility to adapt to the needs of a variety of specialties. Ultrasonix is a
privately held, profitable company headquartered in Richmond, British Columbia with
affiliate dealers in 65 countries.
About Klein Biomedical Consultants, Inc.: Klein Biomedical Consultants (KBC) is a
strategic marketing consulting firm specializing in the medical diagnostic imaging field.
KBC has provided marketing and technical guidance to well over 100 corporations over
its twenty-five year history. It is recognized as an authority on the medical diagnostic
Marketing and Communications Manager
Ultrasonix Medical Corporation
[e] [email protected]