Minnetronix Celebrates 15 Years

July 27, 2011

ST. PAUL, Minn. July 27, 2011 — Minnetronix, Inc., an award-winning Twin Cities-based provider of medical device design, development and manufacturing services, is excited to announce its 15-year anniversary celebration scheduled for this Friday, July 29, at Minnetronix’ Headquarters in St. Paul, Minn.

Founded in 1996 with the mission of rapidly developing and manufacturing technologically advanced medical devices, Minnetronix set forth on its first project – an electric motor-driven total artificial heart. This project, which was a joint effort with 3M Company and Penn State University, helped lay the groundwork for the firm’s rapid business growth.

Minnetronix has since assembled a group of 185+ experienced, highly-skilled and innovative employees who are developing and building a wide range of innovative medical products for customers across the United States.

Over Minnetronix’ 15-year history, the firm has successfully led 150 design and manufacturing projects for over 100 firms varying from small start-ups to large established firms. Included in a broad base of customers are 3M, Cleveland Clinic, HeartWare, MEDRAD Interventional, Medtronic, St. Jude Medical, and numerous others.

“A combination of hard work and luck has allowed Minnetronix to grow and prosper for the 15 years since our founding,” said Rich Nazarian, company president and CEO.

Minnetronix’ successes have also been recognized over the years with numerous industry awards, including but not limited to:

Great Place to Work from the Twin Cities Business Journal (2004)

100 Most Notable People in the Medical Device Industry (Lynn Ihlenfeldt-2004; Rich Nazarian-2008)

Small Business Award of Excellence from the St. Paul Area Chamber of Commerce (2006)

Tekne Award (2002, 2004-finalist, 2006, 2008)

Small Business Success Story from the Twin Cities Business Journal (2009)

Rich Nazarian, Minnetronix CEO, receives the University of Minnesota Design of Medical Devices Conference Award (2010)

Continued Nazarian, “We thank all of the employees, customers, suppliers, and partners who’ve made our success happen and we are fortunate to have had some of the best people in the world of medical devices working with us and for us. We genuinely hope that we’ve made a positive impact on many people’s lives and we fully expect to continue to do so for years to come. Thanks to you all.”

About Minnetronix

Minnetronix provides award-winning product design, development, manufacturing, and remote medical device monitoring services to the medical device and life science marketplaces. Minnetronix successfully incorporates custom electronic, mechanical and software engineering into finished Class II & III devices and systems such as cardiovascular and monitoring systems, therapeutic and implantable devices, and diagnostic instruments.

Minnetronix has led over 150 design and manufacturing projects for nearly 100 different medical device and life science companies, ranging in size from small start-ups to large established firms. Minnetronix is ISO 13485 certified and is an FDA registered manufacturer.