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January 20, 2006
By: Chris Trembath
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WESTMINSTER, Colo., Jan. 19 /PRNewswire/ — Syncroness, Inc., a leading outsourced engineering product design and development firm, announced today that veteran medical device executive Raymond W. Cohen has been appointed to its board of directors signifying its expansion into medical technology markets. Mr. Cohen, 46, is an accredited director and currently serves as chairman of board of directors of Bothell, WA-based Cardiac Science Corporation, (Nasdaq: CSCX), a global leader in advanced cardiac monitoring and defibrillation products formed by the September merger of Quinton Cardiology Systems, Inc., and Cardiac Science, Inc., where Mr. Cohen served as chief executive officer for the past nine years. Syncroness chief executive officer Greg Langley said, “We’re confident that we will benefit greatly from Mr. Cohen’s 25 years of leadership and entrepreneurial experience in healthcare. He has a proven corporate governance track record as well as expertise in areas that are critical to the growth of our business including the development of new medical products, capital raising, strategic planning and regulatory compliance. We look forward to Mr. Cohen’s contributions as Syncroness continues to execute on our plan to expand the number and scope of new engineering development projects in the medical field.” During his tenure as CEO of Cardiac Science, Cohen was instrumental in his company becoming a leading developer and manufacturer of automatic public-access defibrillators (AEDs), portable devices that allow laypeople to restart a human heart immediately following a massive heart attack. Cardiac Science was named the fourth fastest growing technology company in North America on Deloitte and Touche’s Fast 500 listing in 2004 based on its dramatic five-year revenue growth from $103,000 in 1999 to $62 million in 2003. Mr. Cohen received the Orange County, CA Excellence in Entrepreneurship Award from the Orange County Business Journal in 2002 and was a finalist for Ernst & Young’s Entrepreneur of Year award in Orange County in 2004. “Executives responsible for getting new products to the market on time and on budget realize that outsourcing all or part of new product development projects helps to mitigate project delays and allows for independent project management expertise to be brought to bear,” said Cohen. “I believe Syncroness has outstanding engineers and project management expertise which allows them to provide real value for small and large companies alike. Syncroness understands that time, cost and quality are the key factors in all projects and the company has a proven track record of delivering cost-effective, world-class quality engineering and product development services to its clients.”
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