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Biotech / Medical : Colorado MEDtech, CMED -- Ignore unavailable to you. Want to Upgrade?

To: Paul K who wrote (237)	7/30/1999 10:36:00 AM
From: Paul K	Read Replies (1) \| Respond to of 288

"Colorado MEDtech, Inc. Announces Appointment of Vice President of Business Development" Friday July 16, 10:34 am Eastern Time Company Press Release BOULDER, Colo.--(BUSINESS WIRE)--July 16, 1999--Colorado MEDtech, Inc. (NASDAQ: CMED - news), a Boulder, Colorado-based medical products and services company, announced today that Stephen K. Onody has joined the Company as Vice President of Business Development. Mr. Onody will head the Company's marketing, market communications and acquisitions efforts. Mr. Onody has over twenty years of corporate and entrepreneurial leadership experience in the medical technology industry, including ten years of general management and business unit management. Prior to joining CMED, Mr. Onody was Vice President of Global Corporate Business & New Product Development at Vital Signs, Inc., a leading manufacturer of single patient use anesthesia, respiratory and critical care devices. Mr. Onody was also the General Manager and Operating Officer of the West Coast Division of Vital Signs. At Vital Signs, he was responsible for numerous strategic partnerships and several large acquisitions and for the strategic reorganization of the new product, business development, marketing, sales and distribution organizations. Prior to Vital Signs, Mr. Onody had been the founder of MediVisions, Seattle Biotechnology Corporation and Astrolinx Systems, and held general management, senior executive, senior marketing and business development management positions at SpaceLabs Medical, Inc. and Boston Scientific Corporation. ``We are very pleased that Steve has joined our strong executive team,' said John V. Atanasoff, President and CEO. ``Steve's medical device, strategic partnering, marketing and distribution talent and experience will be valuable to Colorado MEDtech as we continue to successfully grow our business. We are increasing our senior management staff to more effectively manage our business growth.' Statements in this news release which are not historical facts are forward-looking statements subject to risks and uncertainties which could cause actual results to differ materially from those set forth in or implied by forward-looking statements, including, but not limited to, the Company's ability to integrate and extract value from acquired operations. These and other factors are more fully described in the Company's filings with the Securities and Exchange Commission, including its Form S-3 and its Form 10-K for the year ended June 30, 1998, copies of which the Company will provide on request. Colorado MEDtech, Inc., through its wholly owned affiliates and operating divisions, is a leading full-service provider of advanced medical products and comprehensive outsourcing services. -------------------------------------------------------------------------------- Contact: Colorado MEDtech, Inc., Boulder John V. Atanasoff, President and CEO, 303/530-2660 Fax: 303/581-1010 E-mail: cmedinfo@cmed.com Website: www.cmed.com