ANS Expands Into New Corporate Headquarters Growth and Emerging Business Opportunities Prompted Move to New 150,000-Square-Foot Corporate Campus PLANO, Texas, Sept. 27 /PRNewswire-FirstCall/ -- Prompted by significant growth in the neuromodulation marketplace, Advanced Neuromodulation Systems, Inc. (NASDAQ:ANSI) (ANS), a leading manufacturer of implantable medical devices, celebrated the grand opening of its new corporate headquarters on September 18, 2004. The new campus is located in the Legacy Business Park at Preston Road, north of Tennyson Parkway in Plano, less than half a mile from ANS' former offices. (Photo: http://www.newscom.com/cgi-bin/prnh/20040927/DEM012 ) The new facility has a modern, efficient look and feel that promotes an atmosphere of collaboration in a relaxed, professional setting. It houses ANS' corporate offices, research and development departments and state-of-the- art manufacturing plant. Amenities include a basketball court, a jogging track and a complete fitness center as well as a dining room with floor-to-ceiling windows overlooking the nearby lake. "ANS' new headquarters is a symbol of the emerging medical device manufacturing industry in the Dallas/Fort Worth area," said Stan Hall, chairman of the Medical Device Action Alliance, which works to promote the expansion and awareness of the medical device industry as a part of the DFW Life Sciences Partnership. ANS is poised to take advantage of the exponential growth projected for the neuromodulation market -- a market that has been expanding at a rate of 20 to 25 percent annually and that is expected to approach $1.1 billion by 2005. In addition to expanding its marketing, sales and support teams, ANS has significantly increased its scientific and engineering staff, which is currently developing new devices to help combat chronic pain and other nervous system disorders. Now with more than double the previously leased space and four times the clean room and manufacturing capacity, ANS has the capability and flexibility to support strong growth into this decade and beyond. "Our new headquarters positions us for future growth as we continue to develop and market powerful new products that address real and emerging needs," said Chris Chavez, ANS' CEO and president. "This new facility will help us maintain our high levels of quality and service." Chavez added, "We are extremely appreciative of our loyal customers who have made this possible." ANS' new address is 6901 Preston Road, Plano, TX 75024. The company's phone and fax numbers remain the same. About Advanced Neuromodulation Systems (ANS) Advanced Neuromodulation Systems, Inc. designs, develops, manufactures and markets implantable systems used to manage chronic intractable pain and other disorders of the central nervous system. A technology leader in the neuromodulation industry, ANS offers a family of proprietary neurostimulation devices and implantable drug pumps for an expanding range of therapeutic applications. ANS was recently named among FORTUNE's 100 Fastest Growing Companies and has been recognized among Forbes' 200 Best Small Companies for two consecutive years. Frost & Sullivan also recently honored the company with its Product Innovation Award. Additional information is available at http://www.ans-medical.com/ . http://www.newscom.com/cgi-bin/prnh/20040927/DEM012 http://photoarchive.ap.org/ DATASOURCE: Advanced Neuromodulation Systems, Inc. CONTACT: Megan Lozito, +1-972-716-0500, ext. 14, or , for Advanced Neuromodulation Systems, Inc. Web site: http://www.ans-medical.com/

Copyright

Advanced Neuromodulation (NASDAQ:ANSI)
Historical Stock Chart
Von Mai 2024 bis Jun 2024 Click Here for more Advanced Neuromodulation Charts.
Advanced Neuromodulation (NASDAQ:ANSI)
Historical Stock Chart
Von Jun 2023 bis Jun 2024 Click Here for more Advanced Neuromodulation Charts.