AUSTIN, Texas--(BUSINESS WIRE)--HealthTronics, Inc. (NASDAQ: HTRN - News) today announced the departure of Ross Goolsby, Chief Financial Officer, effective on September 30, 2008, to pursue other business opportunities. Mr. Goolsby agreed to provide consulting services to the Company until January 2009. Richard A. Rusk, who joined the Company in 2000 and is currently serving as Vice President, Treasurer and Controller, will assume the role of interim Chief Financial Officer.
James Whittenburg, President and Chief Executive Officer, stated “Mr. Goolsby joined the Company in 2007 and contributed to our accomplishments during 2007 and 2008. We wish Mr. Goolsby great success as he pursues other business opportunities. We welcome Mr. Rusk into the interim CFO role. His 17 years of public accounting experience and eight years with HealthTronics will help ensure a smooth transition.”
About HealthTronics, Inc.
HealthTronics is a premier urology company providing an exclusive suite of healthcare services and technology including urologist partnership opportunities, surgical and capital equipment, maintenance services offerings, and anatomical pathology services. For more information, visit www.healthtronics.com.
Forward Looking Statements
Statements by the Company’s management in this press release that are not strictly historical, including statements regarding plans, objectives and future financial performance, are “forward-looking” statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. In particular, statements in this press release regarding future outlook or future revenue growth are forward-looking statements. Although HealthTronics believes that the expectations reflected in the forward-looking statements in this press release are reasonable, no assurance can be given that the expectations will prove to be correct. Factors that could cause actual results to differ materially from HealthTronics’ expectations include, among other things, the existence of demand for and acceptance of HealthTronics’ products and services, maintaining relationships with physicians and hospitals, governmental regulations and changes thereto, regulatory approvals, economic conditions, the impact of competition and pricing, successful integration of acquired businesses, financing efforts and other factors described from time to time in HealthTronics’ periodic filings with the Securities and Exchange Commission.
The statements in this press release are made as of the date of this press release, even if the press release is subsequently made available by the Company on its web site or otherwise. The Company does not assume any obligation to update the forward-looking statements provided herein to reflect events that occur or circumstances that exist after the date hereof.
Contact:
HealthTronics, Inc. Richard A. Rusk, 512-314-4508 Interim Chief Financial Officer www.healthtronics.com
Source: HealthTronics, Inc.
