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  September 5, 2001
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Home > Company Index > Health Products & Services > Medical Appliances & Equipment > Pace Medical, Inc.

Pace Medical, Inc.
OTC: PMDL
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 PROFILE
While tempo may be important in music, it's "critical" in a heart, so Pace Medical's products are designed to maintain a nice, healthy "andante." The company makes single- and dual-chamber temporary pacemakers, used to stabilize heartbeats in emergencies until permanent pacemakers can be implanted. The devices are also used after surgery until the heart recovers. Pace Medical makes such accessory products as leads (also called heartwires), which conduct impulses into the heart muscle, and pacing analyzers, which allow physicians to see how a heart will react to stimulation by an implant. The products are marketed outside of North America by APC Cardiovascular. Founder and CEO Ralph Hanson owns about 30% of Pace.

 COMPETITION
Guidant Corporation (GDT)
Medtronic, Inc. (MDT)
St. Jude Medical, Inc. (STJ)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 1.20
1-Yr. Sales Growth: (33.9)%
Employees: 12
Revenue per employee: $100,000.00

 KEY PEOPLE
• Ralph E. Hanson
    CEO

 CONTACT INFO
391 Totten Pond Rd.
Waltham, MA 02154
US
Phone: 781-890-5656
Fax: 781-890-4894
Online: Web Site

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