Omron Healthcare, Inc. Finalizes
U.S. Acquisition of Colin
Medical Instruments
Omron Healthcare, Inc. Finalizes U.S. Acquisition
of Colin Medical Instruments Corporation
Acquisition Integrates Medical Workplaces with
Patient Homes
Bannockburn, Ill. – April 3, 2006 –
Omron Healthcare, Inc. today announced the completion of the acquisition
of San Antonio-based Colin Medical Instruments Corporation (CMI).
The announcement follows Omron Healthcare Co. Ltd.'s ( Kyoto ,
Japan ) acquisition of Colin Medical Technology Corporation (
Komaki , Japan ) in June 2005.
“The acquisition of CMI enables Omron Healthcare
to become a unique company providing a wide range of product offerings
in medical devices for use in hospitals and in the home,” said
Isao Ogino, CEO of Omron Healthcare, Inc. “By addressing the needs
of the medical professional and the consumer, Omron Healthcare
is providing comprehensive healthcare solutions to all sites of
care.”
While CMI's production function will continue, through
this acquisition, CMI's sales and marketing functions will be
transitioned to Omron Healthcare. Colin ? products include vital
signs monitors, inpatient blood pressure monitoring devices and
vascular screening devices – all used in the professional setting.
Omron Healthcare's home healthcare products, include Omron ? brand
blood pressure monitors, respiratory, weight management and thermometry
products.
As the number of Americans with lifestyle-related
diseases such as hypertension and diabetes continues to increase,
the need for comprehensive healthcare solutions is greater than
ever before.
New areas of focus that will be created by this
acquisition will include:
Enabling clinicians to assess arterial stiffness
through products utilizing Colin and Omron Healthcare technologies;
Identifying opportunities to connect the consumer
and the clinician for more effective healthcare management.
Omron Healthcare's acquisition is also intended
to enrich its current business by:
Expanding its blood pressure monitoring business;
Continuing to strengthen its brand by promoting
its blood pressure monitoring technology and products for the
medical workplace (hospitals and clinics) and home use;
Developing the next generation of blood pressure
monitoring technology; and
Enhancing the availability CMI's products in the
North and South American market.
Omron Healthcare, Inc. is the North American
subsidiary of Omron Healthcare, the world's leading manufacturer
and distributor of blood pressure monitors for home use. Omron
Healthcare, Inc. also provides products for respiratory ailments,
weight management, and thermometry. Omron Healthcare's Inc. headquarters
is located in Bannockburn, Ill., a northern suburb of Chicago,
and has new offices in Ontario, Canada, servicing our Canadian
customers. Omron Healthcare is committed to providing advanced,
high-quality professional medical and home healthcare products.
For more information, visit www.omronhealthcare.com
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