Debt Free | Aribex Continues Double-Digit Growth, Becomes Debt Free In 2011 Economy
OREM, Utah–(BUSINESS WIRE)– Aribex , Inc., worldwide personality in handheld cat-scan technologies and producer of the NOMAD Pro handheld cat-scan system, currently voiced 2011 achievements, together with its skeleton for one after another corporate and marketplace enlargement in 2012.
“We feel lucky that Aribex has been a recession-proof business with double-digit annual income growth roughly given inception,” mentioned Ken Kaufman , boss and arch financial executive of Aribex. “In 2011, income grew in surplus of 30 percent and the firm became debt free.”
The Aribex house of directors allocated Kaufman to his stream care role, together with a location on the house in September of 2011. He allies with D. Clark Turner , Ph.D., chairperson and CEO, to go on the growth and growth of Aribex.
Turner, owner of Aribex, was awarded the Utah Governor’s Medal for Science and Technology in January of final year. The endowment established Turner’s growth of the company’s flagship product, the Aribex NOMAD handheld cat-scan system. Last year, the internationally well known Edison Best New Product Awards moreover respected Aribex with the Silver Award is to company’s NOMAD device.
Even in a challenged economy, Kaufman attributes burly growth to the company’s innovative high quality products and the Aribex group that has worked so hard to make it all happen. With an stress on enhancing safety, access to care and the patient/clinician experience, many regulators have satisfied that the time for handheld cat-scan has arrived. Aribex is heading the assign with higher design, engineering and manufacturing.
“As they should be, radiological gadgets are theme to poignant law and regard for safety,” mentioned Kaufman. “Safety is our number one priority, and we’re unapproachable that more than 30 eccentric studies and evaluations have certified our location by attesting to the safety and efficiency of our products. While these evaluations have done it probable for us to earn extra regulatory approvals worldwide, you call on demure regulators to ponder the tremendous indication that our handheld cat-scan is safe.”
Unlike the massive wall-mount and unstable systems in use, the NOMAD cat-scan network is lightweight, rechargeable and can go anywhere. In October of final year, the firm shipped its 8,000th NOMAD device. Aribex looks deliver to celebrating its 10,000th section in service in 2012, along with the launch of a few new initiatives.
“We’ll increase new additions to our stream products whilst you go on to make solid progress on new technologies for future products,” mentioned Kaufman. “We’re in the routine of expanding our office space, and we’ve moreover started the early formulation stages of a new office building in Utah County that will confederate technology and functionality to intensify our systems and operations, complement our capabilities and make easy our growth.”
“Aribex was built on innovation, courage, hard work and charitable service,” mentioned Kaufman. “These first ideals will power our growth in existing markets and enlargement in to new general markets in 2012.”
About Aribex
Aribex is the worldwide personality in unstable and handheld cat-scan products. Aribex NOMAD cat-scan systems are right away in use in clinical, remote and mobile services via the world, from the excellent veteran offices to charitable missions reaching underserved populations who desperately look for care. The NOMAD significantly decreases expenses and provides hundreds of safe, high-quality images for dental and veterinary applications on a singular battery charge. For more information, revisit www.aribex.com .
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