MedicalCV Elects Larry Haimovitch and Robert Paulson to Board of Directors
August 08 2005 - 10:00AM
PR Newswire (US)
MINNEAPOLIS, Aug. 8 /PRNewswire-FirstCall/ -- MedicalCV, Inc.
(OTC:MDCV) (BULLETIN BOARD: MDCV) , http://www.medcvinc.com/, a
cardiovascular surgery device manufacturer, announced today that
its Board of Directors elected Larry G. Haimovitch and J. Robert
Paulson, Jr. as new directors, effective August 3, 2005. Mr.
Haimovitch is President of Haimovitch Medical Technology
Consultants, a San Francisco-based health care consulting firm he
formed in 1990. His firm, whose current area of emphasis includes
minimally invasive surgical technologies, specializes in the
analysis of the medical device industry with emphasis on the
current trends and future outlook for emerging medical technology.
Mr. Paulson is President, Chief Executive Officer and a director of
Restore Medical, Inc., a company focused on developing and
marketing products for the ear, nose and throat field. Prior to
joining Restore Medical in April 2005, Mr. Paulson served as Chief
Financial Officer and Vice President of Marketing for Endocardial
Solutions, Inc. from August 2002 until St. Jude Medical acquired
Endocardial Solutions in March 2005. From 2001 to June 2002, Mr.
Paulson was Senior Vice President and General Manager of the
Auditory Division of Advanced Bionics Corporation, and between 1995
and 2001, Mr. Paulson served in various capacities at Medtronic,
Inc. Marc P. Flores, president and chief executive officer of
MedicalCV Inc., commented, "We are extremely pleased to have two
individuals with the wealth of experience in the medical device
industry possessed by Mr. Haimovitch and Mr. Paulson joining our
Board. We expect them to play an important role in shaping our
strategy as we continue to develop products for the growing atrial
fibrillation market." About MedicalCV, Inc. MedicalCV, Inc., a
cardiovascular surgery device manufacturer, focuses on the
development and introduction of products designed to improve
patient outcomes through the early treatment of cardiovascular
disorders and disease specifically, products used by cardiac
surgeons to ablate cardiac tissue as a potential means to treat
atrial fibrillation. The Company's core technology is the
ATRILAZE(TM) Surgical Ablation System for use in cardiac tissue
ablation procedures in open-heart surgery. The Company acquired
this technology in August 2003 and received its FDA 510(k)
clearance in November 2004. The ATRILAZE(TM) system is being
utilized for concomitant open-heart surgical procedures. The
Company's common stock is traded on the OTC Bulletin Board under
the symbol "MDCV." For further information on MedicalCV, Inc.,
please visit http://www.medcvinc.com/. You may register to receive
MedicalCV's future press releases and to be added to the Company's
distribution list by visiting: http://www.roiny.com/form.php.
MedicalCV, Inc. Contact: Investor Relations Contact: John H.
Jungbauer ROI Group Associates, Inc. Vice President, Finance &
CFO Robert Giordano / Sarah Shepard Phone 651.452.3000 President /
Vice President Phone 212.495.0200, ext. 10 / 17
http://www.medcvinc.com/ / http://www.roiny.com/ DATASOURCE:
MedicalCV, Inc. CONTACT: John H. Jungbauer, Vice President, Finance
& CFO of MedicalCV, Inc., +1-651-452-3000, ; or Investor
Relations, Robert Giordano, President, ext. 10, , or Sarah Shepard,
Vice President, ext. 17, , both of ROI Group Associates, Inc.,
+1-212-495-0200 Web site: http://www.medcvinc.com/
http://www.roiny.com/
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