| Business Summary | | MedAmicus,
Inc.
is
a
medical
products
company
that
consists
of
two
distinct
business
divisions.
The
Percutaneous
Delivery
Solutions
Division
is
engaged
in
the
design,
development,
manufacture
and
marketing
of
percutaneous
vessel
introducers
and
related
vascular
delivery
products;
and
the
manufacture
of
medical
devices
and
components
for
other
medical
product
companies
on
a
contract
basis.
The
Gynecology
Division
is
engaged
in
the
design,
development,
manufacture
and
marketing
of
an
incontinence
diagnostic
pressure
measurement
system
utilizing
a
proprietary
fiber
optic
transducer,
referred
to
as
the
LuMax
System.
In
April
2001,
the
Company
sold
the
assets
of
its
Gynecology
business
to
CooperSurgical,
Inc. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | MEDM
designs,
develops,
manufactures
and
markets
a
pressure
measurement
system
utilizing
a
proprietary
fiber
optic
transducer
for
measuring
and
monitoring
physiological
pressures
in
the
human
body.
The
Company
also
manufacture
other
medical
products
on
a
contract
basis.
For
the
six
months
ended
6/30/01,
revenues
rose
50%
to
$5.4
million.
Net
income
from
continuing
operations
totalled
$2.1
million,
up
from
$760
thousand.
Results
reflect
higher
sales
of
vessel
introducers,
and
income
tax
benefits. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| James Hartman, 55 Pres,
CEO, Chief Financial Officer, Sec., Director | $150K | -- | Mark Kraus, 37 VP
and Gen. Mang. of the Percutaneous Delivery Solutions Division | 114K | $14K | Christina Temperante, 49 VP
and Gen. Mang. of the Gynecology Division | 129K | -- | Dennis Madison, 57 VP
of Admin. and Regulatory Affairs | -- | -- | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|