Richard Nazarian Named One of 100 Notable People in the Medical Device Industry

May 7, 2008

ST. PAUL, Minn. May 7, 2008 –Richard Nazarian, Minnetronix President, CEO and co-founder, has been recognized for his contributions to the medical device industry by the editors of Medical Device & Diagnostic Industry (MD&DI), a Canon Communications LLC publication. Mr. Nazarian was selected as one of the magazine’s 100 notable people in the medical device industry and will be featured in the June 2008 edition of MD&DI.

Rich has worked for over 20 years in the medical device field, beginning with product development efforts for implantable artificial heart electronics, cardiopulmonary bypass systems, laser imaging systems, and other products. Rich’s numerous patents, papers and awards testify to his interest and excellence in the medical device field.

In 1996, Rich, along with Jonathan Pierce and Dirk Smith, founded St. Paul-based Minnetronix, Inc., as a software and electronics company specifically focused on medical device product development and manufacturing. Since founding Minnetronix, Rich has served as President and CEO, providing both business and technical leadership. In this position, he has contributed to the creation of innovative medical devices ranging from cancer treatment systems to heart-lung machines, nerve growth stimulators, and ventricular assist devices.

His leadership as President and CEO has guided Minnetronix as it’s grown from three employees with one project in 1996, to 130+ employees and over 30 concurrent design and manufacturing programs in 2007.

About Minnetronix

Minnetronix is a medical device company, specializing in the design, manufacturing and support of electronics-based medical products. Minnetronix’ experienced engineers and manufacturing teams provide expertise on a wide range of Class II and Class III medical equipment such as cardiovascular systems, point-of-care diagnostic instruments, therapeutic devices, implantable devices, and monitoring equipment. Minnetronix has completed over 100 development and manufacturing projects for more than 75 different medical device companies that range in size from small start-ups to Fortune 500 firms. Minnetronix is ISO 13485:2003-certified and is an FDA-registered contract manufacturer.