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Friday, December 12th, 2014

Geological Material Analysis with Various Techniques is Subject of Complimentary Webinar for Geoscientists on Dec. 17

Kleve, Germany, December 12, 2014 — Geoscientists are challenged to delve into the deeper layers of geological sample analysis and laboratory sample processing optimization in a complimentary webinar on Wednesday, December 17, 2014.

In the webinar titled, “Geological materials analysis using ICP-OES, EDXRF, and ICP-MS,“ experts will explore the strengths and weaknesses of a full range of XRF instruments such as the handheld xSORT, frequently employed for fast onsite analyses; the uniquely portable SPECTROSCOUT, that brings lab caliber analysis out into the field; and the SPECTRO XEPOS, a powerful laboratory workhorse that is the ideal instrument for fast accurate geological sample analysis.

Because of their high sensitivity and high sample throughput, two other techniques for geological material analysis will also be explored: ICP-OES and ICP-MS. The new SPECTRO-MS for geological applications will be discussed — since with its direct charge semi-conductor detection system, this sector field ICP-MS can capture the entire mass spectrum fully simultaneously.

The complimentary webinar, “Geological materials analysis using ICP-OES, EDXRF, and ICP-MS,” will be offered on Wednesday, Dec. 17, at 11 a.m. EST.

Register for the webinar online at: http://goo.gl/GdlggP.

The webinar will be presented by SPECTRO Analytical Instruments, a leading global supplier of analytical instruments for optical emission and X-ray fluorescence spectrometry.

About SPECTRO:

SPECTRO, a unit of the Materials Analysis Division of AMETEK, Inc., manufactures advanced instruments, develops the best solutions for elemental analysis for a broad range of applications, and provides exemplary customer service.

SPECTRO’s products are known for their superior technical capabilities that deliver measureable benefits to the customer. From its foundation in 1979 until today, more than 30,000 analytical instruments have been delivered to customers around the world.

AMETEK, Inc. is a leading global manufacturer of electronic instruments and electromechanical products with over 15,000 colleagues at more than 120 manufacturing and sales and service operations in the United States and 30 other countries around the world.


Monday, December 1st, 2014

DECTRIS Ltd. Introduces Hybrid Photon Counting (HPC) Detection for use in Medical Imaging Equipment

Phase contrast image - fusion of absorption and dark field images. Thomas Thuering et al, PSI, Switzerland.

Phase contrast image – fusion of absorption and dark field images. Thomas Thuering et al, PSI, Switzerland.

Chicago (USA), December, 1, 2014:DECTRIS Ltd. is introducing its hybrid photon counting (HPC) detection technology to enable the next generation of medical imaging equipment — and transform everything from mammography to computerized tomography (CT).

Until now, X-ray detection in medical imaging has mainly relied on the indirect methods utilized by traditional integrating detectors lacking energy discrimination. Unlike these less sensitive devices, HPC detectors provide direct sensing of every single photon in an X-ray — made possible by innovations including optimized solid-state sensors and CMOS readout ASICs using hybrid pixel technology.

Given these properties alone, HPC should far surpass the performance of older technologies in terms of dose and resolution. Paired with advanced new imaging equipment and analysis algorithms, the additional spectral information will open up a new dimension in specificity.

“Designers and radiologists in the medical imaging world have been anticipating the arrival of detection techniques based on Hybrid Photon Counting — it shall allow best possible image quality and the highest sensitivity at the lowest dose.”, said Willi A. Kalender, Professor at the Institute for Medical Physics in Erlangen, Germany.

[Visit DECTRIS Ltd. at the RSNA 2014 Annual Meeting,
in North Hall B: 8047.]

DECTRIS is the world’s acknowledged leader in HPC detection, having produced more than 6,000 HPC detector modules to date — far more than any other source — for a variety of applications in science and industry. DECTRIS’ unique, pioneering HPC technology delivers:

  • Very high resolution — achieving the best signal-to-noise ratio via a noise-free signal with no dark current
  • Very high data rates — via dedicated ASIC and electronic design
  • Exclusive spectral information — via energy analysis, for simple color imaging
  • Highest (almost perfect) spatial resolution — via direct detection, without scintillators, fiber optics, etc.

As the leader in HPC technology, DECTRIS is ready to work with medical imaging OEMs to help realize such new possibilities as:

  • Highlighting microcalcification in breast tissue — with color images produced by new capabilities for energy analysis
  • Highlighting contrast agents such as iodine in mammography

In addition, tissue differentiation is improved for better-informed diagnosis — with phase-contrast imaging used in combination with HPC.

For more information, visit DECTRIS Ltd. at RSNA 2014 in North Hall B: 8047. Or visit the DECTRIS website at http://medical.dectris.com or call 0041.56.500.2180

About DECTRIS

As the technology leader in X-ray detection, DECTRIS aims to continuously improve measurement quality to enable new findings and innovative results in science, industry, and medicine. DECTRIS X-ray detectors make optimum use of the company’s pioneering hybrid photon counting (HPC) technology. It has transformed basic research at synchrotron light sources, as well as in laboratory and industrial X-ray applications worldwide. For more information, visit http://medical.dectris.com or call 0041.56.500.2180


Thursday, October 30th, 2014

ASCO Numatics Offers 2-Day Shipping for Numatics 449, 450, and 453 Series ISO Cylinders

Novi, Michigan, U.S.A. — October 30, 2014 — ASCO Numatics has announced that its Numatics 449, 450, and 453 Series ISO cylinders are now available for 2-day delivery through its Numatics Express quick-shipment program.

“Our North American-made, ISO-certified 449, 450, and 453 Series cylinders can now be ordered with 48-hour shipping — a dramatic improvement over competitors’ 10-day delivery times for comparable ISO products,” said Robert W. Kemple, Jr., executive vice president, sales and marketing — Americas, ASCO Numatics. “This rapid delivery will help our customers reduce asset downtime and will provide OEM customers with additional time and flexibility for design changes.”

The short-stroke 449 Series cylinder is ideal for compact automation applications. The 450 Series is a robust tie rod design made for heavy-duty applications. The 453 Series is a profile tube design that is optimal for packaging and clean aesthetic requirements. All three of these new cylinders are perfect fits for the material handling, food and beverage, automotive, and packaging industries.

“Affordably priced, our ISO cylinder line offers a wider selection of accessories, stroke ranges, and mounting options than competitive products, giving engineers more flexibility and choices to meet their specific requirements,” said Kemple.

The Numatics ISO cylinders are designed with a clean profile tube and hygienic appearance that create more attractive, modern-looking equipment. They also have fewer grooves for less corrosion buildup and maintenance, and incorporate ASCO Numatics’ industry-leading quality for high reliability and low maintenance.

“The Numatics 449, 450, and 453 lines, with their globally recognized ISO certification, reduce a user’s inventory requirements by providing products that enable interchangeability and drop-in replacement on a worldwide basis,” Kemple said.

Numatics’ ISO cylinders are designed for a variety of motion control applications such as pusher stations, sorting conveyors, product transfer and ejection, measuring indicator and stop, and plastic pack cutting.

For more information, call Numatics at 1-888-NUMATICS (686-2842), e-mail insidesales@numatics.com, or visit www.numatics.com.

About ASCO Numatics

ASCO Numatics, an Emerson company, offers comprehensive fluid automation solutions, including fluid control and fluid power products, for a wide range of industry-focused applications. The ASCO Numatics product line in North America consists of more than 50,000 valves, an extensive selection of air preparation equipment, and a full line of actuation products. ASCO products include solenoid pilot valves, angle body piston valves, linear indicators, redundant control systems, and pressure sensors. The Numatics line covers valve manifolds, cylinders, grippers, filters, regulators, and lubricators. For more information about ASCO Numatics products, visit www.asconumatics.com.

About Emerson

Emerson www.Emerson.com is a global leader in bringing technology and engineering together to provide innovative solutions for customers in industrial, commercial, and consumer markets around the world. The company is comprised of five business segments: Process Management, Industrial Automation, Network Power, Climate Technologies, and Commercial & Residential Solutions.  Sales in fiscal 2013 were $24.7 billion. Emerson Industrial Automation www.EmersonIndustrial.com, a business of Emerson, provides automation and power generation technologies and services to a wide range of industries. With its global capabilities and deep industry expertise, Emerson Industrial Automation is a trusted partner for products and solutions that increase machine performance, efficiency, reliability, and availability. Its industry-leading brands include Appleton®, ASCO®, Branson®, Browning®, Control Techniques, Kop-Flex®, Leroy-Somer®, McGill®, Morse®, Numatics®, O-Z/Gedney, Rollway®, SealMaster®, and System Plast™.


Tuesday, October 7th, 2014

How to Harness Microsoft SharePoint as a Powerful Solution for Environmental Health & Safety Management — New EH&E White Paper

How to Harness Microsoft SharePoint as a Powerful Solution for Environmental Health & Safety Management — New EH&E White PaperNeedham, Mass.— October 7, 2014 — A new whitepaper details how Environmental Health & Safety managers can use Microsoft® SharePoint®to cut administration time and costs by automating routine EHS program tasks. The paper shows how, with SharePoint, EHS managers are automating the grossly inefficient burdens of manually transcribing, entering, processing, and reporting the data throughout an organization. Titled Microsoft SharePoint: A Powerful Solution for Environmental Health and Safety,” the new whitepaper is available to download from EH&E, Inc. at http://www.eheinc.com/sharepoint_ehs_wp.htm.

The paper demonstrates how EHS managers can easily use SharePoint — already available in many companies — to share and track compliance schedules and documentation; automate processes; collect data; and manage reviews, approvals, and reports that provide a complete picture of EHS program compliance. Tightly integrated with Office, SharePoint easily absorbs Word® and Excel® files, and synchronizes calendars with Outlook® — streamlining both use and communication.

Written specifically for EHS managers, the new paper includes overviews on the overall power of SharePoint, harnessing SharePoint for EHS management; utilizing mobile devices for data capture and integration; and numerous additional benefits for EHS applications. Download Microsoft SharePoint: A Powerful Solution for Environmental Health and Safety from EH&E, Inc. at http://www.eheinc.com/sharepoint_ehs_wp.htm.

The paper is authored by EH&E, a leading provider of environmental and engineering consulting services. Its EHS Automation Consulting services help companies and institutions achieve greater compliance, time and cost savings by automating their environmental health and safety programs with Microsoft SharePoint. For more information, call 1-800-825-5343 or visit www.eheinc.com/ehe_web_solutions.htm.

About EH&E

EH&E (www.eheinc.com) has provided an extensive range of environmental and engineering consulting services for over 25 years. The EH&E team consists of more than 60 experts with an outstanding record of providing business-focused solutions for issues that affect the built environment. EH&E’s EHS Automation Consulting services help companies and institutions achieve greater compliance, time and cost savings by fully automating their environmental, health and safety programs with Microsoft SharePoint. For more information, call 1-800-825-5343 or visit www.eheinc.com/ehe_web_solutions.htm.

 


Monday, August 4th, 2014

How to Automate EHS Form Processing & Reporting with Microsoft SharePoint — New EH&E White Paper

Needham, Mass.— August 4, 2014 — A new white paper — detailing how Environmental, Health and Safety managers can use Microsoft® SharePoint® to easily automate and streamline the processing and reporting of EHS forms throughout a company — is available to download at http://www.eheinc.com/auto_report_forms.htm.

Environmental, health and safety programs require the ongoing processing of routine paperwork to properly document and report events and initiatives such as accidents or incidents, risk assessments, or other forms requiring approvals. The process commonly involves collecting data in a standard format and then managing it through a variety of internal reviews, approvals and reports.

“This essentially manual process places a significant strain on already stretched EHS resources,” explains Robert Foster, Director, Automation Services, EH&E. “By employing Microsoft SharePoint — already available in many companies and institutions — EHS managers can automate the process to cut both processing time and costs.”

Titled “Automate the Processing and Reporting of EHS Forms,” the new white paper discusses how, using SharePoint’s built-in web-based capabilities, the software can easily be configured to:

  • Allow employees to complete the forms in an electronic format from their desks or mobile devices.
  • Automate and track the workflow process involved in completing and approving the forms.
  • Automate the reporting process to generate and display key metrics in a master dashboard.

“The resulting automated system frees considerable EHS program hours and resources by eliminating the costly, time-consuming, and grossly inefficient burdens of transcribing, entering, processing, and reporting the data throughout an organization”, Foster said.

To download the new whitepaper, “Automate the Processing and Reporting of EHS Forms,” visit http://www.eheinc.com/auto_report_forms.htm

About EH&E

EH&E (www.eheinc.com) has provided an extensive range of environmental and engineering consulting services for over 25 years. The EH&E team consists of more than 60 experts with an outstanding record of providing business-focused solutions for issues that affect the built environment. EH&E’s EHS Automation Consulting services help companies and institutions achieve greater compliance, time and cost savings by fully automating their environmental, health and safety programs with Microsoft SharePoint. For more information, call 1-800-825-5343 or visit www.eheinc.com/ehe_web_solutions.htm.

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Microsoft® and SharePoint® are registered trademarks of Microsoft Corporation.


Monday, September 26th, 2011

Fluid Automation: Unsung Contributor to Plant Economic Performance — New Management Brief from ASCO Numatics

FLORHAM PARK, N.J. — Sept. 26, 2011 — While fluid automation products — valves, pneumatics actuators, and similar components — control the flow of a process liquid or a supply of compressed air, they can also help control the flow of profits, according to a new management brief from ASCO Numatics.  Titled “Fluid Automation: The Unsung Contributor to Plant Economic Performance,” the brief is available for download at http://goo.gl/9MMkH.

The speed and reliability of fluid control products can provide competitive economic advantages in industrial operations worldwide. This is due to their ability to extend overall equipment service life, reduce warranty costs, cut maintenance/repair/operations (MRO) inventories, and increase production uptime and productivity.

But the choice of fluid automation technology is critical. For end users, judicious selection of fluid automation components must play a key role in their performance improvement plans. For original equipment manufacturers (OEMs), the right fluid automation choices provide significant cost, time-to-market, and product competitive advantages.

The new management brief examines available solutions and discusses how they  have maximized both speed and reliability — and provided surprisingly strong contributions to the economic performance of industrial operations.

The contents of the brief include:

  • Changing the Rhythm
  • Feeding the Bottom Line
  • The Benefits of Reliability
  • The Power of Speeds
  • Advantages for the OEM
  • Advances for the End User

Download the new management brief, “Fluid Automation: The Unsung Contributor to Plant Economic Performance,” from http://goo.gl/9MMkH.

Follow ASCO Valve on Twitter at http://twitter.com/ascovalve and on Facebook at http://www.facebook.com/ascovalve.

About ASCO Numatics

ASCO Numatics, a division of Emerson, offers comprehensive fluid automation solutions, including fluid control and fluid power products, for a wide range of industry-focused applications. The ASCO Numatics product line in North America consists of more than 50,000 valves, an extensive selection of air preparation equipment, and a full line of actuation products. ASCO products include solenoid pilot valves, angle body piston valves, linear indicators, redundant control systems, and pressure sensors. The Numatics line covers valve manifolds, cylinders, grippers, filters, regulators, and lubricators. For more information about ASCO Numatics products, visit www.asconumatics.com

About Emerson

Emerson (NYSE: EMR), based in St. Louis, Missouri (USA), is a global leader in bringing technology and engineering together to provide innovative solutions for customers in industrial, commercial, and consumer markets through its network power, process management, industrial automation, climate technologies, and tools and storage businesses. Sales in fiscal 2010 were $21 billion. For more information, visit www.Emerson.com.

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Press Contact: Don Goncalves, 781-793-9380, dgoncalves@tizinc.com

 


Tuesday, August 9th, 2011

ASCO Introduces Stainless Steel Pilot Valves for Offshore Applications

FLORHAM PARK, NEW JERSEY, U.S.A., August 9, 2011 – ASCO Numatics, the world’s leading manufacturer of comprehensive fluid automation, flow control, and pneumatics solutions, has introduced the 8361 Series of stainless steel pilot valves. The series’ unique design eliminates the dormancy or “sticking” problems that can occur in control valves installed in the pneumatic logic panels that control monitoring safety systems in offshore oil and gas production facilities. In addition, the valve line was launched with online tools that permit rapid product configuration and ordering.

“Corrosion-resistance and reliability are essential for safe operation in harsh offshore environments,” said Robert W. Kemple, Jr., executive vice president, sales and marketing – Americas, ASCO Numatics. “The 8361 Series’ innovative, highly reliable, and proven T-seal technology resists the dormancy issues that plague current valves using O-ring seals. O-ring designs can stick upon actuation in low-cycle demand control valve applications. Our research shows that many users routinely hammer the sides of these valves to ensure they function properly,” said Kemple.

The 8361 Series (¼-inch NPT, 3-way, 316L stainless steel) valves are offered in manually operated, air-piloted, and solenoid-piloted versions. They can be configured as breathing and nonbreathing. The non-breathing version isolates internal components from the atmosphere and is internally vented, preventing contaminants such as salt and dust to enter the valve and corrode internal components.

The valve’s balanced design maintains the same flow characteristics when the valve is used in a normally open or normally closed configuration. This provides symmetrical flow that enables more flexible setup of the control panel’s pneumatic logic. The 1.4 Cv provides almost double the flow of comparable spool technology. In addition, the valve’s innovative pilot-selector design allows the same unit to be used as an internally or externally piloted solenoid valve, simplifying ordering and reducing inventory.

The 8361 Series’ solenoid version comes with ASCO’s renowned RedHat solenoid – recognized as the most reliable in the industry. Its 0.55-watt power consumption is three times less than competitive valves.

“Every aspect of this valve has been designed for the highest reliability, minimal maintenance, and lowest cost of ownership,” said Kemple. “For example, the valve’s body is made entirely of 316L stainless steel, and the Elgiloy® and stainless steel spring is designed for corrosion resistance and severe service beyond 1 million cycles.”

Online Tools Enables Rapid Configuration and Ordering

An 8361 Series online toolset is available that allows customers to quickly build a valve that meets a set of specific requirements. It then displays the list price, availability, 3D CAD drawings, and specifications for the configured product. The configurator generates an order code for the valve that permits an immediate online purchase, plus greatly simplifies the reordering process.

The 8361 Series valves can be purchased from ASCO distributors or directly from the company. Most of the valve’s configurations are available through the ASCO Today or 5-day shipping programs.

For more information, contact ASCO at 800-972-ASCO, by e-mail at info-valve@asco.com, or visit http://www.ascovalve.com/Offshore.

About ASCO Numatics

ASCO Numatics, a division of Emerson, offers comprehensive fluid automation solutions, including fluid control and fluid power products, for a wide range of industry-focused applications. The ASCO Numatics product line in North America consists of more than 50,000 valves, an extensive selection of air preparation equipment, and a full line of actuation products. ASCO products include solenoid pilot valves, angle body piston valves, linear indicators, redundant control systems, and pressure sensors. The Numatics line covers valve manifolds, cylinders, grippers, filters, regulators, and lubricators. For more information about ASCO Numatics products, visit http://www.asconumatics.com

About Emerson

Emerson (NYSE: EMR), based in St. Louis, Missouri (USA), is a global leader in bringing technology and engineering together to provide innovative solutions for customers in industrial, commercial, and consumer markets through its network power, process management, industrial automation, climate technologies, and tools and storage businesses. Sales in fiscal 2010 were $21 billion. For more information, visit http://www.Emerson.com.

#  #  #

Elgiloy is a registered trademark used for metal alloys and owned by Combined Metals of Chicago, L.L.C., Elgin National Watch Company.

Note to Editors:


Wednesday, April 6th, 2011

Seminar to Help Manufacturers Accelerate the Process of Bringing Reusable Medical Devices to Market

AGAWAM, Mass. – Medical product manufacturers can learn how to accelerate the process of bringing their reusable devices to market in a day-long seminar on May 3, 2011, in Dedham, Massachusetts.

Titled “Bringing Your Reusable Device To Market: Just Because Your Device Lasts Forever Doesn’t Mean The Process of Bringing It To Market Has To,” the seminar will provide an extensive look at the process of introducing such products and help manufacturers answer critical questions such as: “What is required?”; “How much will it cost?”; and “How long will it take?”

The seminar will cover the product introduction process from manufacture of the sterilization tray to the testing that’s required for regulator submittal. Presentations will include:

  • Flushing It Out: New Analytical Methods of Testing on Protein, Hemoglobin, and Carbohydrate
  • Don’t Get Stuck in a Groove: Cleaning Validations Using Microbial Methods
  • What is the Good in Good Laboratory Practices (GLP): Understanding the Process
  • Packaging Your Idea Into Reality: A Look at the Process of Tray Manufacturing
  • One Cycle, Two Cycle, Three Cycle, More?: Sterilization of Your Reusable Devices

The event will run from 8:30 a.m. to 3:30 p.m., with registration and a complimentary continental breakfast starting at 8 a.m. The seminar will be held on Tuesday, May 3, 2011, at the MIT Endicott House, 80 Haven Street, Dedham, Massachusetts. The cost is $149 per person and it includes breakfast, lunch, and workshop handouts.

The seminar is sponsored by Microtest Laboratories, a leader in testing services and contract manufacturing for the medical device, pharmaceutical, and biotechnology industries.

To register, contact Julie Adamski at 413-786-1680, toll-free at 800-631-1680, or at jadamski@microtestlabs.com.

About Microtest Laboratories

Microtest Laboratories is a leader in testing services and contract manufacturing for the medical device, pharmaceutical, and biotechnology industries. Based in Agawam, Massachusetts, USA, the company provides expertise and flexible processes that enhance product safety and security, accelerate time to market, and minimize supply chain disruption. For more information, visit http://www.microtestlabs.com or call 1-413-786-1680 or toll-free 1-800-631-1680. Follow Microtest Laboratories on Twitter @MicrotestLabs at http://twitter.com/MicrotestLabs.

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Press contact: Don Goncalves, 1-781-793-9380, dgoncalves@tizinc.com


Wednesday, February 2nd, 2011

H&V Introduces Energy-Saving Hydraulic Filter Media With 50% Reduction in Pressure Drop

EAST WALPOLE, MASSACHUSETTS, U.S.A. - February 2, 2011 – Hollingsworth & Vose (H&V) has introduced a new family of energy-saving hydraulic filter media products that provides a 50% reduction in pressure drop without compromising other filter performance metrics.

“The hydraulic system on most construction and off-highway equipment is the largest consumer of energy. Rising fuel costs, plus new fuel economy regulations, have magnified the fluid power engineer’s focus on system efficiency,” said Andrew Shepard, Director, Global Market Management, H&V’s Engine and Industrial Filtration business unit. “Our filter media’s remarkable reduction in fluid flow restriction permits customers to cut overall system energy requirements. At the same time, it lowers the total cost of ownership by increasing reliability, reducing maintenance, and improving filter and pump life.”

The media’s lower differential pressure means that the hydraulic system need not divert valuable energy to push fluid through a highly resistant filter. For example, when compared against comparable existing high-performance 10-micron media at beta 200 efficiency, the new H&V media reduces resistance from 6.8 mm to 3.5 mm of water at 5.3 cm/sec flow.

“The performance of H&V’s next-generation hydraulic filter media permanently redefines the capacity/permeability relationship at each micron rating,” said Shepard. “When combined with H&V’s renowned quality and global presence, it delivers all the filter performance and service a hydraulic system requires, plus the energy savings that design engineers dream of.”

Product designers are able to use the media in two ways: to produce a premium product with 50% lower delta pressure and an increased lifetime or to reduce the size of the filter and maintain the equivalent performance.

The new filter media comes in 5-, 10-, and 20-micron ratings. Each retains the filter manufacturer’s existing caliper requirements and runs on production lines without alteration.

H&V’s energy-saving hydraulic filter media is ideal for construction, agriculture, industrial equipment, material handling, automotive, steel, marine, power station, and wind turbine applications.

For additional information or flat sheet samples, please contact Greg Green, Hollingsworth & Vose, at 508-850-2101 or visit http://www.hollingsworth-vose.com/products/new-products/next-generation-hydraulic-filter-media.htm.

About H&V

Established in 1843, Hollingsworth & Vose Company (www.hollingsworth-vose.com) is a global leader in the supply of technically advanced nonwovens for electronics and industrial applications; engine, high efficiency, and liquid filtration media; and battery separator materials. H&V’s expertise and process capabilities include wet-laid, dry-laid, meltblown, and composite technologies. The company operates manufacturing sites and research centers in the Americas, Europe, and Asia.

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Notes to Editors:


Thursday, January 6th, 2011

Century Park Capital Partners Announces the Recapitalization of Cirtec Medical Systems, LLC

January 6, 2011, LOS ANGELES – Century Park Capital Partners is pleased to announce that it led the recapitalization of Cirtec Medical Systems LLC (“Cirtec”) along with Charter Oak Equity and the company’s founders. Cirtec is a leading provider of client focused, comprehensive medical product design, engineering and manufacturing solutions. Cirtec provides its customers with highly technical solutions, utilizing its expertise in minimally invasive systems, active and passive implants, and medical electronics. Cirtec was formed in 2009 from the merger of Circle Medical Devices and Texcel Medical. The company operates out of locations in Los Gatos, California and East Longmeadow, Massachusetts.

“We chose to partner with Century Park because of their philosophy of collaborating with management and their track record of successfully helping businesses grow,” stated Barry Smith, CEO of Cirtec. “Century Park’s leadership and access to resources will allow us to maintain our industry leading position in the outsourced medical device design and manufacturing industry as we take our business to the next level.”

Larry Derose, one of the founders of the company said, “This partnership with Century Park is the next step in our company’s evolution. By coupling our success in the market with Century Park’s proven experience helping businesses of our size grow, we have become exceptionally well positioned to capture the tremendous opportunities that exist in our marketplace.”

Century Park Capital Partners has experienced success in the medical device arena through prior investments in the medical contract manufacturing sector.

Chip Roellig, a Managing Partner of Century Park, stated, “We are very enthusiastic about our new partnership with Cirtec. Cirtec’s reputation as the market leader and its customer relationships with major medical device OEMs in the neurostimulation and cardiovascular markets set the company apart from other medical device design and manufacturing firms. Cirtec is especially attractive because they offer their customers a range of highly technical capabilities that improve device design and reduce time to market for new devices, while offering a superior economic value proposition. Furthermore, Cirtec is well positioned to take advantage of the trend in increased outsourcing of medical device design and manufacturing. As neurostimulation and cardiovascular devices evolve and gain further acceptance, Cirtec is primed for growth.”

Terms of the transaction were not disclosed. The investment by Century Park was made from its latest fund, Century Park Capital Partners II, L.P.

About Cirtec Medical Systems

Cirtec Medical Systems, through its partnerships with its customers, has become a leading single-source provider of comprehensive medical product design and manufacturing solutions from concept through high-volume finished goods across all therapeutic categories. Its technically-driven, 130-person team has particular expertise in minimally invasive systems, active and passive implants, and medical electronics. Cirtec Medical Systems is ISO-13485 (2003) and FDA certified and maintains locations in Los Gatos, California and East Longmeadow, Massachusetts. For more information about Cirtec, please visit www.cirtecmed.com.

About Century Park Capital Partners

Century Park Capital Partners is a Los Angeles-based private equity firm that partners with owner/managers to build successful companies. The firm specializes in facilitating owner liquidity and business expansion by providing equity for recapitalizations, buyouts, growth financings, and acquisitions. More information on Century Park Capital Partners can be found at www.centuryparkcapital.com.

About Charter Oak Equity

Charter Oak Equity is a Westport, CT based private equity firm. Charter Oak Equity focuses on niche manufacturing, packaging, medical products & services, specialty chemicals, consumer products and financial services companies ranging in size from $5 million to $150 million in enterprise value.  More information on Charter Oak Equity can be found at www.charteroak-equity.com.

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Public Relations contact, Boston:  Don Goncalves, dgoncalves@tizinc.com, 781-793-9380, for Tiziani Whitmyre Inc., http://www.tizinc.com/public-relations


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