IRVINE, Calif., Dec. 18 /PRNewswire-FirstCall/ -- Masimo , the inventor of Pulse CO-Oximetry and Measure-Through Motion and Low Perfusion pulse oximetry, announced today that Ammar Al-Ali, the Company’s Chief Technical Officer, will be transitioning from his current position to the full time position of Engineer Fellow, Chief Engineer of the Company. The transition will remove day-to-day management responsibility for the CTO office and allow Mr. Al-Ali to focus his efforts exclusively on the creation and development of new technologies and products for the Company.
The transition is expected to occur on or about December 31, 2009. After December 31, 2009, Joe Kiani will serve as Masimo’s acting CTO while Masimo continues its search for a new Chief Technology Officer, which has already begun.
Forward Looking Statements
This press release includes forward-looking statements as defined in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, in connection with the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on current expectations about future events affecting us and are subject to risks and uncertainties, all of which are difficult to predict and many of which are beyond our control and could cause our actual results to differ materially and adversely from those expressed in our forward-looking statements as a result of various risk factors, including those discussed in the “Risk Factors” section of our most recent reports filed with the Securities and Exchange Commission (“SEC”), which may be obtained for free at the SEC’s website at www.sec.gov. Although we believe that the expectations reflected in our forward-looking statements are reasonable, we do not know whether our expectations will prove correct. All forward-looking statements included in this press release are expressly qualified in their entirety by the foregoing cautionary statements. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of today’s date. We do not undertake any obligation to update, amend or clarify these forward-looking statements or the “Risk Factors” contained in our most recent reports filed with the SEC, whether as a result of new information, future events or otherwise, except as may be required under the applicable securities laws.
Masimo
