8/19/2011 6:37:09 AM
PITTSBURGH, Aug. 18, 2011 /PRNewswire/ -- Wright Therapy Products, Inc. announced today that Michael Hinson has been appointed President and Chief Executive Officer of the company. The company, based in Oakdale, PA, manufactures and sells pneumatic compression devices targeted for the treatment of lymphedema, venous insufficiency and the sports medicine markets. Hinson joins Wright Therapy after holding senior financial and sales leadership positions at MEDRAD, Inc, a global leader of diagnostic and therapeutic devices.
"I'm very excited to join a company like Wright Therapy," said Hinson. "The company is well-positioned to serve our growing senior population, the group primarily afflicted with these terrible diseases. I know I speak for everyone at Wright when I say we're proud to provide solutions that help these patients live normal lives." Hinson will also serve on the company's Board of Directors.
Wright Therapy additionally announced that John Friel, former President & CEO of MEDRAD, Inc. has joined the company's Board of Directors. Friel orchestrated MEDRAD's global strategies for two decades. During his tenure, Friel sparked the innovation and commitment to excellence that drove significant growth at MEDRAD and solidified the company as a global leader. "I am very honored to join Wright Therapy's Board of Directors and am excited about the potential manufacturing job growth the company brings to the Western PA region," he said. "Given that I have lymphedema myself, I value the positive impact Wright's innovative technology and products have on patients like me."
Jim Liken, chairman of Wright's Board of Directors commented, "We're extremely pleased to add Mike and John to our leadership team. Their backgrounds working with a high-growth medical device company will be very useful as we complete our current investor funding activities and look to fuel our growth in the U.S. market."
About Wright Therapy Products
Wright Therapy Products is a leading provider of Compression Therapy Systems. In 2011, we will celebrate 28 years of excellence, innovation, and quality. Our expertise in compression technologies is helping medical professionals provide solutions so their patients can live life to the fullest. Improving quality of life for patients is the core of our commitment. Our vision of the future commits resources and expertise to the development of new cost effective treatments that provide solutions to real pressing healthcare needs. www.wrighttherapy.com
SOURCE Wright Therapy Products, Inc.