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Arrhythmia Research Technology Inc

 
Hoover's Profile: Arrhythmia Research Technology, Inc.
(NYSE Alternext:HRT)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
Arrhythmia Research Technology, Inc.
25 Sawyer Passway
Fitchburg, MA 01420
MA Tel. 978-345-5000
Fax 978-342-0168

Type: Public
On the web: http://www.arthrt.com
Employees: 85
Employee growth: (9.6%)

It's all about heart for Arrhythmia Research Technology (ART). The company offers signal-averaging electrocardiographic (SAECG) software that collects data and analyzes electrical impulses of the heart in an effort to detect potentially lethal heart arrhythmias. The company plans to sell the products through licensing agreements with equipment makers. Until it finds a marketing partner, however, ART is relying on sales from its Micron Products subsidiary, which makes snaps and sensors used in the manufacture and operation of disposable electrodes for electrocardiographic (ECG) equipment. Micron Products has acquired assets of several companies that enhance its metal and plastics molding capabilities.

Key numbers for fiscal year ending December, 2008:
Sales: $22.5M
One year growth: 15.4%
Net income: $0.4M
Income growth: (71.9%)

Officers:
Chairman: E. P. Marinos
President, CEO, and Director: James E. Rouse
EVP Finance and CFO: David A. Garrison

Competitors:
Criticare
Merit Medical Systems
Spacelabs Healthcare

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