September 2004 Industry News

Medwave, Inc., an innovator in sensor-based, noninvasive blood pressure measuring solutions, and ZOLL Medical Corporation, a manufacturer of noninvasive resuscitation devices and software solutions, have signed an OEM supplier agreement, under which ZOLL will purchase Medwave’s technology for incorporation into its cardiac resuscitation products. According to Richard A. Packer, president and CEO of ZOLL, “Blood pressure is a fundamental clinical assessment parameter in both acute and emergency care. Through clinical studies, Medwave has shown its technology can provide reliable and accurate readings that are comparable to measurements obtained with invasive arterial catheters. The integration of this technology into ZOLL’s products will offer advantages for both caregivers and patients.” Medwave introduced its technology to the EMS market and hospital trauma centers approximately two years ago. Since then, clinical validation studies have concluded that Medwave’s technology performs more effectively than conventional blood pressure cuffs in similar environments...Road Rescue, Inc., a leading engineer and manufacturer of modular ambulances and specialty vehicles out of Marion, SC, has named Charles (Richard) Hamilton vice president of sales. Hamilton brings 26 years of business development experience to the company, including 20 in the ambulance market. “Richard brings a high level of experience and insight to Road Rescue’s management team and we are looking forward to leveraging those strengths as we continue to grow,” says Chuck Drake, president of Road Rescue. “Richard has excelled in our industry for many years, he knows our dealers and customers and we expect that he will play a major role in helping us expand our sales presence throughout the United States.” Hamilton joins Road Rescue from McCoy Miller, Inc., where he spent 10 years rising from regional sales manager to general sales manager and was responsible for day-to-day sales operations, the planning, scheduling and coordinating of production schedules, distribution of manufactured products, and the development and implementation of strategic business, sales and engineering plans. A subsidiary of Spartan Motors, Inc. (Nasdaq: SPAR), Road Rescue’s vehicles are sold through a dealer network that covers the United States and Canada. For more, visit www.roadrescue.com...The Forum for Corporate Directors (FCD), a membership of prominent business and community leaders, awarded Joe E. Kiani, CEO and chairman of the board of Masimo Corporation, the 2004 Director of the Year for Corporate Growth. Through its annual Director of the Year Awards, FCD recognizes those directors who have made outstanding contributions to companies in their roles as directors. Sam Yau, chairman of the FCD, stated, “Mr. Kiani built Masimo from a tiny start-up to a 450+-employee, multinational company that dramatically changed pulse oximetry with their innovation of Masimo SET, a proprietary method of picking up difficult-to-read signals. His leadership also built bridges to group purchasing organizations (GPOs), paving the way for other small companies to gain access to previously unavailable market segments.” Over 90 clinical studies support the conclusion that Masimo SET is the most effective pulse oximeter in the world. For more information about the Irvine, CA-based Masimo Corp. and its products, please visit www.masimo.com.