HealthTronics Announces Appointment of James Whittenburg as CEO
13 August 2007 - 10:30PM
Business Wire
HealthTronics, Inc. (NASDAQ:HTRN), a leading provider of urology
services and products, today announced that the Board of Directors
appointed James S.B. Whittenburg as President and Chief Executive
Officer and as a director of HealthTronics. Mr. Whittenburg has
been serving as acting President and Chief Executive Officer since
late May. Mr. Whittenburg has also been serving as President �
Urology Services since June 2006. Mr. Whittenburg served as
President � Specialty Vehicle Manufacturing from December 2005
until the sale of the division in July 2006 and as Senior Vice
President � Development and General Counsel from March 2004 until
June 2006. R. Steven Hicks, Chairman of the Board, said, �We are
very pleased to appoint James as CEO. In each of his senior
management roles at HealthTronics, James has demonstrated a strong
ability to identify opportunities, define strategy, and shape and
lead an organization to deliver results. James contributes a great
deal to the compelling vision we share at HealthTronics, and we
believe his energy and skills will continue to create additional
value for our shareholders and partners.� Mr. Whittenburg said, �I
am honored to lead HealthTronics. Our entire organization remains
committed to the core HealthTronics� mission: delivering to our
physician partners new technologies and services that improve both
patient care and practice economics. A relentless focus in
executing our mission should drive our long-term growth in
shareholder value. I look forward to the opportunities and
challenges ahead.� About HealthTronics, Inc. HealthTronics, Inc. is
a premier urology company providing an exclusive suite of
healthcare services and technology including urologist partnership
opportunities, surgical and capital imaging equipment, maintenance
services offerings, and clinical and anatomical pathology services.
For more information, visit www.healthtronics.com. Statements in
this press release that are not strictly historical, including
statements regarding plans, objectives and future financial
performance, are �forward-looking� statements that are made
pursuant to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. Although HealthTronics believes that
the expectations reflected in such forward-looking statements are
reasonable, no assurance can be given that the expectations will
prove to be correct. Factors that could cause actual results to
differ materially from HealthTronics� expectations include, among
others, the existence of demand for and acceptance of
HealthTronics� services, regulatory approvals, economic conditions,
the impact of competition and pricing, financing efforts and other
factors described from time to time in HealthTronics� periodic
filings with the Securities and Exchange Commission.
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