Enpath Medical Appoints Industry Veteran as New General Manager
17 Avril 2007 - 9:50PM
PR Newswire (US)
Anthony Headley Named Vice President & General Manager for
Leads & Catheter Products MINNEAPOLIS, April 17
/PRNewswire-FirstCall/ -- Enpath Medical, Inc. (NASDAQ:NPTH), a
leading developer and manufacturer of introducers and other
proprietary therapeutic device delivery products, announced today
that F. Anthony Headley, Jr. (age 40) has been named Vice President
& General Manager for Enpath's stimulation leads and advanced
steerable catheter product lines. Mr. Headley started his new
position on Monday, April 16, 2007 and reports directly to John C.
Hertig, Enpath's Chief Executive Officer. Most recently, Mr.
Headley served as Director of Research and Development at Boston
Scientific Corporation and oversaw the Endoscopy Division's
Advanced Stenting product lines including the development of the
WallFlex(TM) stent platform for a variety of gastrointestinal
applications "We have achieved good success increasing our
articulating catheter yields and implementing lean manufacturing
initiatives within our stimulation lead operations during the past
year and are very excited about the leadership Anthony will provide
for the Leads and Catheter group at Enpath," said John C. Hertig,
Chief Executive Officer. "Our leads and catheters product line
revenues accounted for approximately $11.5 million of our $36.8
million in 2006 revenues and we believe Anthony's background in
medical device research and development and operations is an
excellent fit for our business. He will enhance our experienced and
talented senior management team and we look forward to his
contributions." Mr. Headley, a professional engineer, brings 15
years of expertise in research and development and operations from
his tenure with several companies. Prior to Mr. Headley's
experience at Boston Scientific Corporation, he held positions at
Parvacure Medical, Auxis Inc., and Boston Scientific - Symbiosis
where he served as Engineering & Operations Manager for the
Radial Jaw(TM) biopsy forceps products. Mr. Headley earned his
Bachelor of Science in Mechanical Engineering and his Masters of
Science in Mechanical Engineering from Georgia Institute of
Technology. About Enpath Medical Enpath Medical, Inc.,
headquartered in Plymouth, Minnesota, is a leader in the design,
development, manufacture and marketing of percutaneous delivery
systems and stimulation leads technologies. Its proprietary
products include venous vessel introducers, articulating and fixed
curve delivery catheters, epicardial and endocardial stimulation
leads, and other products for use in pacemaker, defibrillator,
catheter and infusion port procedures as well as neuromodulation
markets. Its products, which are primarily finished goods, are sold
worldwide through partnering relationships with other medical
device companies. Safe Harbor This news release contains
forward-looking statements as defined by the Private Securities
Litigation Reform Act of 1995. Certain important factors could
cause results to differ materially from those anticipated by some
statements made herein. All forward-looking statements involve
risks and uncertainties. A number of factors that could cause
results to differ materially are discussed in our Annual Report on
Form 10-K for the year ended December 31, 2006, as well as in our
quarterly reports on Form 10-Q and Current Reports on Form 8-K.
Among the factors that could cause results to differ materially are
the following: Enpath's dependence upon a limited number of key
customers for its revenue; Enpath's ability to successfully protect
its intellectual property against misappropriation or claims of
infringement by third parties including its ability to successfully
resolve, or defend itself in, pending litigation; the ability of
Enpath's customers to successfully develop and market therapies
that utilize the Company's advanced delivery systems; Enpath's
ability to effectively manufacture its products, specifically
steerable catheters, in anticipated required quantities; Enpath's
ability to develop or acquire new products to increase its
revenues; Enpath's ability to attract and retain key personnel;
introduction of competitive products; government regulatory
matters; economic conditions; and Enpath's ability to raise
capital. All forward-looking statements of Enpath, whether written
or oral, and whether made by or on behalf of Enpath, are expressly
qualified by these cautionary statements. In addition, Enpath
disclaims any obligation to update forward-looking statements to
reflect events or circumstances after the date hereof. DATASOURCE:
Enpath Medical, Inc. CONTACT: Scott Youngstrom, CFO of Enpath
Medical, +1-763-951-8211, Web site: http://www.enpathmed.com/
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