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TO BUSINESS, HEALTH, AND MEDICAL EDITORS:
Angeion's Medical Graphics Business Offers Additional Choice of
Diffusion Technology
SAINT PAUL, Minn., Feb. 7, 2012 /PRNewswire/ -- Medical Graphics
Corporation, a subsidiary of Angeion Corporation (NASDAQ: ANGN), now
offers hospitals, healthcare clinics and private practices assessing
pulmonary function, Real Time Diffusion (RTDT) based on MultiGas
Technology, delivering rapid measurement, clinically significant
graphic data and immediate results. Known globally for Reference
Standard Gas Chromatography, the MedGraphics@ brand now provides
choice of diffusion technology: both meet or exceed International
guidelines and are verifiable by Hans Rudolph DLco Simulator -
recognized as the Laboratory Quality Control for single-breath
diffusion systems.
"We are delighted to provide our worldwide customers choice between
two superb technologies for single breath assessments further
expanding our cardiorespiratory diagnostic services," said Gregg O.
Lehman, Ph.D., Angeion's President and Chief Executive Officer. "With
our proprietary technology platform and real-time sensor quality
assurance, RTD MultiGas Technology provides accurate, immediate
results, eliminating the need of repeating tests. We believe that the
addition of RTD to our product family will provide access to markets
which MedGraphics@ may have been previously excluded."
For both new and existing customers, RTD MultiGas Technology provides
cost savings in time, consumables and increased quality, allowing
customers to test more patients, with less costs and higher
confidence. RTD MultiGas Technology is available as a diffusion option
for MedGraphics UltimaT PF System and award-winning Platinum Elite
Series Body Plethysmograph (body box).
MedGraphics systems provide essential clinical information to
healthcare professionals through non-invasive cardiopulmonary
assessment to improve care of patients in leading hospitals, clinics,
and physician offices throughout the U.S. and in more than 75
countries.
MedGraphics portfolio includes:
-- Pulmonary function from simple spirometry tests (breath flow and
volume) to plethysmography for advanced diagnostic assessments;
-- Exercise assessment in rehabilitation and therapeutic monitoring
centers for evaluating respiratory and cardiac capacity to perform
activities of daily living; and
-- Indirect Calorimetry combined with respiratory measurements to
determine essential nutritional requirements for patients in critical
care/cardiac units.
MedGraphics products incorporate information management and
connectivity solutions for electronic medical record systems to
improve workflow and enhance data access.
About Angeion Corporation Founded in 1986, Angeion Corporation
acquired Medical Graphics Corporation in December 1999. Medical
Graphics develops, manufactures and markets non-invasive
cardiorespiratory diagnostic systems that are sold under the
MedGraphics (www.medgraphics.com) and New Leaf
(www.newleaffitness.com) brand names. These cardiorespiratory product
lines provide solutions for disease detection, integrated care, and
wellness across the entire spectrum of health - whether managing
chronic illness, promoting fitness, or training for the Olympics. The
Company's products are sold internationally through distributors and
in the United States through a direct sales force that targets heart
and lung specialists located in hospitals, university-based medical
centers, medical clinics and physicians' offices, pharmaceutical
companies, medical device manufacturers, clinical research
organizations, health and fitness clubs, personal training studios,
and other exercise facilities. For more information about Angeion,
visit www.angeion.com.
Forward Looking Statements Press releases and other statements by
Angeion may contain forward-looking statements about Angeion's future
financial results and business prospects that by their nature involve
substantial risks and uncertainties. You can identify these statements
by the use of words such as "anticipate," "believe," "estimate,"
"expect," "project," "intend," "plan," "will," "target," and other
words and terms of similar meaning in connection with any discussion
of future operating or financial performance or business plans or
prospects. Our actual results may differ materially depending on a
variety of factors including: (1) national and worldwide economic and
capital market conditions; (2) continuing cost-containment efforts in
our hospital, clinics, and office market; (3) any changes in the
patterns of medical reimbursement that may result from national
healthcare reform; (4) our ability to successfully operate our
business, including successfully converting our increasing research
and development expenditures into new and improved cardiorespiratory
diagnostic products and services and selling these products and
services under the MedGraphics and New Leaf brand names into existing
and new markets; (5) our success in executing our new strategic plan,
developing new products and entering new markets; (6) our ability to
complete our software development initiatives and migrate our
MedGraphics and New Leaf platforms to a next generation technology;
(7) our ability to maintain our cost structure at a level that is
appropriate to our near to mid-term revenue expectations and that will
enable us to increase revenues and profitability as opportunities
develop; (8) our ability to achieve constant margins for our products
and consistent and predictable operating expenses in light of variable
revenues from our clinical research customers; (9) our ability to
expand our international revenue through our distribution partners and
our Milan, Italy representative branch office; (10) our ability to
successfully defend ourselves from product liability claims related to
our cardiorespiratory diagnostic products and claims associated with
our prior cardiac stimulation products; (11) our ability to defend our
existing intellectual property and obtain protection for intellectual
property we develop in the future; (12) our ability to develop and
maintain an effective system of internal controls and procedures and
disclosure controls and procedures and (13) our dependence on
third-party vendors. Additional information with respect to the risks
and uncertainties faced by the Company may be found in, and the above
discussion is qualified in its entirety by, the other risk factors
that are described from time to time in the Company's Securities and
Exchange Commission reports, including the Annual Report on Form 10-K
for the year ended October 31, 2011.
Contact:
Gregg O. Lehman, Ph.D. Joe Dorame, Robert Blum, Joe Diaz
Angeion Lytham Partners, LLC
Chief Executive Officer and President (602) 889-9700
(651) 484-4874 angn@lythampartners.com
SOURCE Angeion Corporation
-0- 02/07/2012
/Web Site: http://www.angeion.com
(NASDAQ-SMALL:ANGN) /
CO: Angeion Corporation
ST: Minnesota
IN: HEA MTC MEQ
SU: PDT
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