HemoSense Increases Role for Executive VP Timothy I. Still; EVP of Sales and Marketing Adds Business Development and Broader Co
05 Setembro 2006 - 8:00AM
Business Wire
HemoSense, Inc. (AMEX:HEM) today announced that executive vice
president Timothy I. Still has been named chief commercial officer
at HemoSense. As chief commercial officer for the company, Mr.
Still will be responsible for global sales, marketing and business
development activities. He will now oversee international as well
as domestic customer relationships, and will focus on expanding the
Company's presence in new markets. "Tim has played a key role in
our success over the past two years. By building strong
relationships with a premier set of distribution partners, Tim has
helped us achieve 14 consecutive quarters of revenue growth and the
number two market share position in the U.S. professional market
segment," said Jim Merselis, President and CEO of HemoSense. "His
experience and knowledge of the industry will be instrumental in
developing and carrying out our strategy to increase point-of-care
and home testing of blood coagulation levels with our INRatio(R)
system. His previous experience with international business
development and marketing will serve us well in his enhanced role
with the Company." Mr. Still has been HemoSense's executive vice
president, sales and marketing, since June 2004. Previously, he was
vice president, sales and marketing, at Cholestech, and director of
global marketing and business development for Boehringer Mannheim
(now Roche Diagnostics). He holds a bachelor's degree in biological
sciences from the University of California, Davis, and a master's
degree in business administration from the University of Southern
California. About HemoSense HemoSense develops, manufactures and
markets easy-to-use, handheld blood coagulation systems for
monitoring patients taking warfarin. The HemoSense INRatio system,
used by healthcare professionals and patients themselves, consists
of a small monitor and disposable test strips. It provides accurate
and convenient measurement of blood clotting time, or PT/INR
values. Routine measurements of PT/INR are necessary for the safe
and effective management of the patient's warfarin dosing. INRatio
is sold in the United States and internationally. For more
information, visit www.hemosense.com. This press release contains
forward-looking statements within the meaning of the U.S. Private
Securities Litigation Reform Act of 1995. Statements in this press
release regarding the Company's business that are not historical
facts may be "forward-looking statements" that involve risks and
uncertainties. Specifically, the statements concerning the
Company's expectation of continued growth and the increase in
point-of-care and home testing of blood coagulation levels with our
INRatio system are forward looking statements within the meaning of
the Safe Harbor. Forward-looking statements are based on
management's current, preliminary, expectations and are subject to
risks and uncertainties which may cause the actual results to
differ materially from the statements contained herein. Further
information on the Company's business and risk factors are detailed
in its filings with the Securities and Exchange Commission,
including its Form 10-Q for the quarter ended June 30, 2006 filed
on August 11, 2006. Undue reliance should not be placed on these
forward-looking statements, which speak only as of the date they
are made. The Company undertakes no obligation to update publicly
any forward-looking statements to reflect new information, events
or circumstances after the date they were made, or to reflect the
occurrence of unanticipated events. HemoSense(R) and INRatio(R) are
registered trademarks of HemoSense, Inc.
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