BOTHELL, WA - September 10, 2009 - Sonosite, Inc. (Nasdaq:SONO), the world leader and specialist in hand-carried ultrasound for the point-of-care, today announced the appointment of John S. Bowers, Jr. as Senior Vice President of Strategic Development and Patient Safety Innovations. Mr. Bowers brings a depth of experience to Sonosite. With more than 20 years in the medical technology industry, he has held a number of general management, business development and sales management leadership roles. Most recently, Mr. Bowers served as the President and CEO of Northstar Neuroscience, Inc., a publicly traded medical device company specializing in the development of treatments for neurological diseases and disorders. Prior to Northstar, he spent 14 years at Guidant Corporation and Eli Lilly in management positions of increasing responsibility.… [Read more]
Medicine's new wave
ZotZine | November, 2010
"On her first day as a UC Irvine medical student, Sarah Rooney received an Apple iPad."
This Fox Hunts with Ultrasound
New University | November 30, 2010
"This school year, UC Irvine has become one of the first medical schools in the nation to integrate portable ultrasound training into its curriculum."
New ultrasound technology sharpens needle visibility
DotMed Business News | November 2010
"Ultrasound is widely used to guide needles as they advance through tissue to their targets.… [Read more]
BOTHELL, WA - August 17, 2009 - Sonosite, Inc. (Nasdaq:SONO), the world leader and specialist in hand-carried ultrasound for the point-of-care, today announced that on August 14, 2009, it completed the acquisition of CardioDynamics International Corporation (Nasdaq:CDIC), a leader in impedance cardiography (ICG) for noninvasive hemodynamic assessment. Under the terms of the agreement, CardioDynamics will become a wholly-owned subsidiary of Sonosite, Inc. and CardioDynamics shareholders will receive $1.35 per share in cash. The aggregate transaction is valued at approximately $10.0 million, or $12.3 million net of cash and debt.
Shareholders of CardioDynamics approved the acquisition on August 11, 2009. "This acquisition brings us an established sales channel and a franchise in cardiovascular disease management with outstanding long term growth and healthcare cost reduction potential," said Kevin M. Goodwin, Sonosite President and CEO.
"The need to detect and treat cardiovascular disease has never been greater, and CardioDynamics' products and technology will be the platform we will build upon to grow in the physician office segment, as well as expand our presence in the large market for cardiovascular disease management." "Both Sonosite and CardioDynamics have a rich history of innovation and market development," said Marcus Smith, Sonosite Vice President, General Manager, Cardiovascular Disease Management.… [Read more]
Company Provides Overview of Technology, Growth Initiatives and Financial Outlook Reaffirms 2009 Outlook
BOTHELL, WA - August 11, 2009 - Sonosite, Inc. (Nasdaq:SONO), the world leader and specialist in hand-carried ultrasound at the point-of-care, today provided an overview of the company's technology, corporate growth initiatives and financial outlook for financial analysts and investors at the company's headquarters in Bothell Washington.
LUMENVU™ CATHETER GUIDANCE SYSTEM
The company showed the LumenVu Catheter Guidance System, a product in development that provides visualization for the placement of Peripherally Inserted Central Catheters (PICC) at the point-of-care utilizing near infrared technology. Sonosite expects to begin shipping LumenVu systems at the end of 2009 subject to FDA clearance. This technology was acquired by the company in 2007. The LumenVu system couples near infrared light with standardized catheter technology to enable visual tracking of a catheter tip in real time as it advances through an arm vein to the superior vena cava.… [Read more]
Sonosite publishes RSS feeds that track company news along with Training and Education content. Use the following links to RSS feeds to follow your favorite features. Just click on the content areas you're interested in and follow the instructions in your RSS news reader for adding a feed.
Sonosite News RSS | The latest press releases
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What is RSS?
RSS stands for Really Simple Syndication. It is an XML-based format in which content from blogs and Web sites, including Sonosite, is delivered to specialized RSS news readers. Our free RSS feeds include headlines, articles, podcasts and links back to sonosite.com. We currently use RSS 2.0.
How do I sign up for RSS feeds?
First you must get an RSS reader. Then, simply click above on the content areas you're interested in subscribing to and follow the instructions in your RSS reader to add the feed to your list.
Where can I get an RSS reader?
There are numerous RSS readers available, many of which are free. Some are Web-based readers and others are available as desktop software that you download and install on your computer. Some examples of free RSS readers:… [Read more]
Acronym
Name
Date(s)
Location
SCCM
Society of Critical Care Medicine
Jan 16-18
San Diego
AAOS
American Academy of Orthopedic Surgeons
Feb 16-18
San Diego
Survival Skills
Survival Skills for the 21st Century Gynecologists
Feb 19-21
New York
AAEM
American Academy of Emergency Medicine
Feb 28-March 1
Orlando
SIR
Society of Interventional Radiology
March 27-30
Chicago
AAPM
American Academy of Pain Management
March 24-26
Washington, DC
ACC
American College of Cardiology
April 3-5
New Orleans
ACP
American College of Physicians
April 7-9
San Diego
RESUS
Resuscitation
April 13-15
Las Vegas
SOAP
Society of Pediatric Anesthesiology
April 14-16
Las Vegas
AANA
Arthrosocpy Association of North America
April 14-16
San Francisco
AIUM
American Institute of Ultrasound in Medicine
April 15-17
New York
AOASM
American Ostephatic Academy… [Read more]
BOTHELL, WA - July 27, 2009 - Sonosite, Inc. (Nasdaq:SONO), the world leader and specialist in hand-carried ultrasound for point-of-care medicine, today announced the appointment of Rodney F. Hochman, M.D., to its Board of Directors. Dr. Hochman, a recognized leader in healthcare, has more than 35 years of hospital management experience and has held numerous executive-level positions in hospitals across the country. He currently serves as chief executive officer of Swedish Medical Center -- the largest, most comprehensive non-profit health provider in the Greater Seattle area -- and has led the organization since April 2007.… [Read more]
Operating cash flow increases 48% to over $7 million on 7% revenue drop during first half of 2009 Revenue declines 1% in first half on constant currency basis Conference Call Webcast Live Today at 1:30 pm Pacific/4:30 pm Eastern
BOTHELL, WA - July 27, 2009 - Sonosite, Inc. (Nasdaq:SONO), the world leader and specialist in hand-carried ultrasound for the point-of-care, today reported financial results for the second quarter and first half ended June 30, 2009.
REVENUE
Worldwide revenue in the second quarter of 2009 was $52.3 million, a decrease of 12% compared to the second quarter of 2008. For the first half of 2009, worldwide revenue was $104.1 million; a decrease of 7% compared with the first half of 2008. Changes in foreign currency rates decreased worldwide revenue by approximately 4% in the quarter and 6% in the first half of 2009.
OPERATING CASH FLOW
Operating cash flow was $7.4 million for the first half of 2009 compared to $5.0 million for the first half of 2008, an increase of 48% over the prior year period.
INCOME Operating income… [Read more]
Subcommittee on Primary Health and Aging to Explore Stemming More Than 1000 Preventable Deaths Each Day In The US Healthcare System
BOTHELL, WA, July 17, 2014 – FUJIFILM Sonosite Inc., the world leader and specialist in ultrasound performed at the point-of-care, applauds the US Senate Subcommittee on Primary Health and Aging for having a hearing to explore ways to stem the more than 1000 preventable patient deaths a day in the US healthcare system.
"This crisis needs to be addressed at the highest levels sooner rather than later, and we applaud the Senate for taking action," said Diku Mandavia, MD, Senior Vice President and Chief Medical Officer at FUJIFILM Sonosite. "The fact is that there are many tools and methods to prevent these deaths if adopted broadly across a hospital, including those to significantly reduce a major threat to patient safety –hospital-acquired conditions."
Hospital-acquired conditions (HACs) are complications that a patient may develop during a stay in a hospital or medical facility. To reduce this patient risk, many leading hospitals now mandate that their physicians adopt proven best practises. As an example, the Agency for Healthcare Research and Quality (AHRQ), as well as other medical groups recommend ultrasound-guided central line insertion for safer vascular access, based on overwhelming scientific evidence of its safety benefits.… [Read more]
BOTHELL, WA - October 27, 2008 - Sonosite, Inc. (Nasdaq: SONO), the world leader and specialist in hand-carried ultrasound for point of care medicine, announced today the introduction of SonoGT™ Global Targeted technology, an advance that caliptalises on the power of the M-Turbo platform to drive a new level of colour flow imaging, wireless connectivity and workflow integration for anaesthesia, emergency medicine, critical care and other acute point-of-care markets. "SonoGT technology demonstrates the intrinsic capabilities of the M-Turbo system architecture to address our global, multiple point-of-care markets with targeted solutions," said Kevin M. Goodwin, Sonosite President and CEO. "This advance is aimed at increasing imaging capabilities and clinical productivity and includes a wide range of new technologies and options." The company plans to begin customer shipments of new M-Turbo systems with SonoGT technology in the fourth quarter. Customers can separately purchase SonoGT technology and upgrade existing M-Turbo systems via an easy software download from a USB thumb drive. The new SonoGT technology platform offers the following capabilities: Colour Performance
ColourHD™ Technology - A proprietary, colour Doppler algorithm that harnesses the power of the M-Turbo system's digital signal processor to increase colour performance, sensitivity and frame rates.
… [Read more]
BOTHELL, WA - July 30, 2007 - Sonosite, Inc., (Nasdaq:SONO), the world leader in hand-carried ultrasound, announced today it has acquired LumenVu, Inc., a privately held, development stage company based in Philadelphia. LumenVu, in conjunction with a leading academic research institution, has developed a patented technology to improve the accuracy of catheter placement. The acquisition will strengthen Sonosite's position in the vascular access market as well as add a recurring revenue stream via the disposable catheter guidance device. Sonosite expects to introduce products based on this technology in late 2008. Terms of the agreement were not disclosed and the transaction is not expected to have a material effect on Sonosite's 2007 financial results."The combination of Sonosite's hand-carried ultrasound technology with LumenVu's innovative catheter tracking technology will offer clinicians a major benefit in accurately and cost-effectively placing catheters at the bedside," said Thomas J. Dugan, Senior Vice President, Global Marketing and US Sales. "Clinicians have been rapidly adopting Sonosite's hand-carried ultrasound systems to increase the accuracy and speed of catheter insertion. LumenVu's technology will offer the perfect complement to ultrasound by providing a way to easily track the tip of the catheter as it advances through the vessel to ensure that it is placed in the right location, potentially eliminating the need to confirm the location with x-ray or fluoroscopy."… [Read more]
BOTHELL, WA - August 20, 2007 - Sonosite, Inc. (Nasdaq:SONO), the world leader in hand carried ultrasound, announced today it has appointed Marcus Y. Smith as Vice President, Corporate Development. In that position, Mr. Smith will be a member of Sonosite's Executive Committee and report to Kevin M. Goodwin, Sonosite President and CEO. Mr. Smith joins Sonosite from Philips Medical Systems (PMS) where he served as Senior Director, Strategy and Business Development since 2004. In this capacity he was responsible for directing strategy and business development efforts for Patient Monitoring and Cardiac Care, a $1 billion medical technology division of PMS. While at Philips, Mr. Smith built and executed on a strong portfolio of growth opportunities focused on strengthening core business and expansion into new critical care markets. From 2000 to 2003, Mr. Smith led JPMorgan's European logistics investment banking practice as Vice President, Investment Banking for the firm and advised major corporate and government clients on strategic alternatives in the logistics and transportation sectors. He originated and executed a broad range of transactions, including mergers, acquisitions, joint ventures, strategic alliances, equity, debt and derivatives.… [Read more]
BOTHELL, WA - July 16, 2007 - Sonosite, Inc., (Nasdaq:SONO), the world leader in hand-carried ultrasound, today announced the closing of its offering of $200 million aggregate principal amount of Convertible Senior Notes due 2014 in an offering registered under the Securities Act of 1933 as amended (the "Securities Act"). The notes will pay interest semiannually at a rate of 3.75% per annum. In certain circumstances, the notes will be convertible based on an initial conversion rate of 26.1792 shares of common stock per $1,000 principal amount of notes, which is equivalent to an initial conversion price of approximately $38.20 per share. Conversions will be settled in cash up to the principal amount of the notes, with any conversion value above the principal amount settled in shares of Sonosite's common stock. Holders of the notes may require Sonosite to repurchase the notes for cash equal to 100% of the principal amount to be repurchased plus accrued and unpaid interest upon the occurrence of a fundamental change. Sonosite has granted the underwriters a 30-day option to purchase up to $25 million in aggregate principal amount of additional notes to cover over-allotments.… [Read more]
Judge Reverses Earlier Infringement RulingGrants Sonosite Motion For Summary Judgment
BOTHELL, WA - March 22, 2006 - Sonosite, Inc. (Nasdaq:SONO), the world leader in hand-carried ultrasound, announced today that the United States District Court for the Southern District of Texas, Houston Division, has granted Sonosite's motion for summary judgment of invalidity against Neutrino Development Corporation (Neutrino), a patent holding company. Based on the holding of invalidity, the court reversed its earlier finding that Sonosite infringed Neutrino's patent, US Patent No. 6,221,021 ("the '021 patent").
"This is a major victory for Sonosite and we are very pleased that the judge agreed with us that our products do not infringe Neutrino's patent," said Kevin M. Goodwin, Sonosite President and CEO. "Our technology and products are based on years of innovation and dedication by our employees. We look forward to having the distraction of this unfounded lawsuit behind us and continuing to develop products that are changing medical practice by bringing the benefits of ultrasound visualization to the point of patient care."
In the ruling issued yesterday, March 21, 2006, the court found that Neutrino improperly amended the '021 patent in violation of US patent law to include a claim of a component being handheld which was not in the original patent application.… [Read more]
Leading Health Care Group Purchasing Organization Adds State-of-Art Hand-Carried Ultrasound Systems to its National Contract PortfolioBOTHELL, WA - August 30, 2005 - Sonosite, Inc. (NASDAQ: SONO), the world leader in hand-carried ultrasound, today announced it has signed a three-year, dual-source supply agreement with Novation for portable and vascular access ultrasound equipment and accessories. Novation is the supply company of VHA Inc. and the University Health System Consortium (UHC), two national health care alliances that serve approximately 2,500 health care providers nationwide. "We awarded this agreement to Sonosite based on member surveys, the recommendation of our member-based Diagnostic Imaging Capital Equipment task force and a public competitive bid process," said Cynthia Longueville, Novation senior product manager. "Novation looks forward to working with Sonosite to provide VHA and UHC members products that offer the best combination of quality, service and value."… [Read more]
BOTHELL, WA - August 10, 2005 - Sonosite, Inc. (NASDAQ: SONO), the world leader in hand-carried ultrasound, announced today the appointment of Graham D. Cox as Vice President of its international business. Henry (Skip) A. Krause, who has led Sonosite's international division for the past two years, is resigning his position for personal family reasons, effective September 12, 2005."Skip has made significant contributions to expanding our presence into new international markets and successfully re-engineered our distribution in Japan," said Kevin M. Goodwin, Sonosite President and CEO. "We appreciate his efforts and wish Skip and his family all the best in the future.""We are fortunate to have an executive of Graham Cox's caliber and ultrasound experience who is well qualified to immediately assume leadership of our international business," Goodwin said. "Graham's proven leadership in establishing and growing our operations in Europe, Africa and the Middle East, provides an excellent base from which to lead and maintain our strong momentum in international markets."… [Read more]
Conference Call Accessible Via Live WebcastBOTHELL, WA - April 14, 2005 - Sonosite, Inc. (Nasdaq: SONO), the world leader in hand-carried ultrasound, today announced that the Company will report its first quarter financial results on Thursday, April 28, 2005 at the close of market and hold a conference call at 1:30 pm PT/4:30 pm ET to discuss its first quarter performance, outlook for 2005 and current corporate developments. The call will be broadcast live and can be accessed via the "Investors" Section of Sonosite's website at www.sonosite.com.A replay of the audio webcast will be available beginning April 28, 2005, 4:30 pm (PT) until May 11, 2005, 12:00 midnight (PT) by dialing (719) 457-0820 or toll-free (888) 203-1112. The confirmation code 7405545 is required to access the replay. The call will be also archived on the Sonosite website.About Sonosite… [Read more]
Revolutionary Combination of Cost, Performance and Size Promises to Bring Benefits of Ultrasound to More Doctors and PatientsCustomer Shipments to begin in JuneBOTHELL, WA - April 18, 2005 - Sonosite, Inc. (Nasdaq: SONO), the world leader in hand-carried ultrasound, today announced the worldwide launch of its MicroMaxx„¢ ultrasound system, the company's third generation hand-carried product. The MicroMaxx system, at less than eight pounds and the size of a laptop computer, delivers image resolution and performance comparable to costly, conventional cart-based ultrasound systems weighing over 200 pounds. This unprecedented power in a hand-carried configuration provides caregivers with unmatched flexibility and efficiency in utilizing ultrasound in both hospital and office-based settings.… [Read more]
Sonosite Hand-carried Ultrasound Systems Integral Part of Medical Support at the Winter Games… [Read more]
BOTHELL, WA, July 30, 2002 - Sonosite, Inc. (Nasdaq: SONO) today announced that, effective August 5, Jens U. Quistgaard, Ph.D., Sonosite's chief product and strategy officer, will leave the Company to become the president and chief executive officer of LipoSonix, Inc., a private company based in the Seattle area.
LipoSonix is developing medical devices for cosmetic surgery applications and is not a Sonosite competitor. "Jens has been with Sonosite since the beginning when we were the Handheld Systems Business Group at ATL Ultrasound five years ago," said Kevin M. Goodwin, Sonosite's president and CEO.
"Under his leadership, our product development and marketing groups have delivered ground-breaking products and strong market progress. Jens deserves an opportunity like this, and we wish him the best. "Blake Little, vice president of engineering, will become the Company's senior engineering officer and technology spokesperson," Goodwin continued. "Blake has been instrumental in the development and release of all of Sonosite's products, including our newest product line that we will be launching in the next several weeks.… [Read more]