BRANFORD, Conn., March 18, 2014 (GLOBE NEWSWIRE) -- CAS Medical Systems, Inc. (Nasdaq:CASM) (CASMED), a leader in medical devices for non-invasive patient monitoring, today announced it has named Karen Harris-Coleman as Executive Vice President, International Sales. Ms. Harris-Coleman has more than 20 years of general management and international sales and marketing experience in the medical device industry.
"Karen will be focused on introducing and driving the ongoing success of our next generation FORE-SIGHT ELITE™ Cerebral Oximetry products in large European and Asian markets," said Brian J. Wagner, Chief Commercial Officer of CASMED. "She has a proven ability to build distribution networks, motivate sales teams, gain market share, and manage programs to achieve strong financial results. Karen is an important addition to the CASMED team as we plan for accelerated growth."
Most recently, Karen was Executive Vice President of International at Iscreen Vision, a start-up company offering unique vision screening for young children. Earlier she held executive international positions for Wright Medical, a $500 million in sales global orthopedics business, with responsibilities across every region of the globe. As Senior Vice President of International Sales and Marketing from 2009 to 2011, Karen managed operating business units in the Pacific Rim and Latin America, growing revenues by 30% to $95 million while improving operating profits over 60% to nearly $30 million. She received her Bachelor's degree from the University of California Los Angeles.
Tom Patton, CASMED's President and CEO commented, "We are delighted to have someone of Karen's caliber take responsibility for our international operations. The FORE-SIGHT ELITE's improved feature set and industry setting accuracy should allow us to attract high quality distributors in many of the major medical markets in the world where we are currently unrepresented. Karen brings the experience and skills to drive that growth and build a profitable and valuable overseas franchise for CASMED."
About CASMED® – Monitoring What's Vital
CASMED is a leading developer and manufacturer of medical devices for non-invasive patient monitoring. The Company's FORE-SIGHT Absolute Cerebral Oximetry technology provides highly accurate, non-invasive, continuous measurement of absolute cerebral tissue oxygen saturation. Direct monitoring of tissue oxygenation provides a superior and powerful tool to alert clinicians to otherwise unrecognized and dangerously low levels of oxygenation of the brain and other tissues, thereby allowing them to intervene appropriately in the care of their patients. In addition to FORE-SIGHT Oximeters and accessories, the Company provides a line of bedside patient vital signs monitoring products, proprietary non-invasive blood pressure monitoring solutions for OEM use, neonatal intensive care supplies, and service. CASMED products are designed to provide unique monitoring solutions that are vital to patient care.
For further information regarding CASMED, visit the Company's website at www.casmed.com.
Company Contact
CAS Medical Systems, Inc.
Jeffery A. Baird
Chief Financial Officer
(203) 315-6303
ir@casmed.com
Investors
LHA
Don Markley (dmarkley@lhai.com)
(310) 691-7105
Bruce Voss (bvoss@lhai.com)
(310) 691-7100
@LHA_IR_PR