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IntriMed Technologies Launched to Address Challenges Faced by Medical Device Manufacturers


9/14/2010 1:56:30 PM

OXNARD, Calif., Sept. 14 /PRNewswire/ -- The launch of IntriMed Technologies and the opening of IntriMed's first state-of-the-industry Innovation Center in Oxnard, Calif. were announced today by IntriPlex Technologies, a global leader in the design and manufacture of ultra-precise components for the data storage and healthcare industries. Founded on a 23 year heritage of engineering innovation, IntriMed (www.intrimed.com) focuses exclusively on delivering outsourcing solutions to the medical device manufacturing industry, and delivers on three value pillars - ongoing innovation, deep collaboration, and engineering and operational excellence.

As with any industry, the medical device industry continues to evolve and adapt to ever-changing market dynamics. Faced with healthcare reform, a new medical device tax, rapid technology advancement and more stringent U.S. Food and Drug Administration (FDA) oversight, original equipment manufacturers (OEMs) are increasingly looking towards strategic, long-term outsourcing partnerships as a means to temper these changes and achieve their revenue, cost and competitive objectives more rapidly.

Leveraging design innovation and manufacturing excellence that has resulted in 44 product and process patents and over 9 billion precision components, IntriMed is well-positioned to help medical device OEMs address these challenges. IntriMed provides deep engineering expertise to support product development from initial concept through volume production and assembly, and taps into OEM objectives to create highly-specialized design and process solutions that result in reduced costs, faster times to market, decreased failure rates and competitive differentiation.

IntriMed's new Innovation Center will support the company's full range of services, including product design and development, rapid prototyping, advanced tooling, precision manufacturing, secondary processing and cleaning, custom metrology and final assembly.

"Medical device manufacturers are adjusting to a 'new normal' of doing more with less," said Larry J. Czapla, IntriMed's president, "but for us this is pretty familiar ground. We've managed to help manufacturers in the disk drive industry save millions of dollars and stay ahead of a huge technology curve by laying the foundation for manufacturing success early on. From the outset, we work closely with the development team to create a tailored approach to design and manufacturing, and to help them achieve new levels of quality, technology and cost-effectiveness."

IntriMed's team of executives holds extensive leadership experience at the world's top medical device companies. The executive team includes Larry J. Czapla, President; Lawney Falloon, Chief Executive Officer; Damon Brink, Ph.D., Chief Technology Officer and Vice President, Engineering; Larry Ellis, Chief Financial Officer; Andrew Lux, Ph.D., Senior Vice President, Operations and Manufacturing; and Howard R. Baker, Vice President, Business Development and Commercial Operations.

For more information about IntriMed Technologies, please visit www.intrimed.com.

About IntriMed Technologies

IntriMed Technologies designs, manufactures and assembles ultra-precision mechanical components critical to medical device functionality. We draw on more than 23 years of experience helping manufacturers do more with less providing innovative product and process design, meticulous quality systems, and highly scalable, fully compliant manufacturing capabilities. The result is truly differentiated medical devices produced more cost effectively.

Think "embedded engineering": leveraging our considerable resources so our customers can better focus theirs. To learn more, visit intrimed.com.

Media Contact:

Priya Dua

Porter Novelli Life Sciences

Priya.Dua@porternovelli.com

323-762-2407



SOURCE IntriMed Technologies



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