Navigation Links
HEI, Inc. Announces Sale of RFID Division Assets
Date:8/31/2007

MINNEAPOLIS, Aug. 31 /PRNewswire-FirstCall/ -- HEI, Inc. (Nasdaq: HEII) (http://www.heii.com) announced today that it has entered into an agreement to sell substantially all of the assets of its RFID division to Smartrac Technology US, Inc., a wholly-owned subsidiary of Dutch based Smartrac N.V. The transaction is structured as a sale of substantially all the assets of the RFID division, including inventory, receivables, customer contracts and customer lists, and the assumption of substantially all of the liabilities. The purchase price to be paid at closing is $3.0 million cash and the parties expect to close the transaction prior to the end of the HEI's 2007 fiscal year end on September 1, 2007. As a result of this transaction, HEI expects to recognize a gain from the sale of assets in the 4th quarter of approximately $1.5 million, prior to any employee obligations, severance and other transaction-related costs. HEI intends to use the sale proceeds to pay down existing debt obligations.

HEI, Inc. designs, develops and manufactures microelectronics, subsystems, systems, connectivity and software solutions for OEMs engaged for the medical equipment and medical device, hearing, communications, and industrial markets. HEI provides its customers with a single point of contact that can take an idea from inception to a fully functional, cost effective and manufacturability product utilizing innovative design solutions and by the application of state-of-the-art materials, processes and manufacturing capabilities.

Headquarters & Microelectronics Division PO Box 5000, 1495

Steiger Lake Lane,


'/>"/>

SOURCE HEI, Inc.
Copyright©2007 PR Newswire.
All rights reserved

1

GOOD

Page: 1 2

Related medicine news :

1. PM announces a new health care order for India
2. PowderMed Announces Needle-Less Flu Vaccine
3. Ramdoss Announces Introduction of RCH-II
4. Britain Announces Third Transfusion Related Mad Cow Case
5. Tibet Announces the Dalai Lama’s Tour of South Americ
6. NHS announces further Cost cutting Measures
7. Indian PM Announces Of Setting Up India Study Center At Tashkent
8. Malaysia Announces Prison term On People Donating HIV-Contaminated Blood
9. Gates Foundation Announces $287 Million In Grants Towards AIDS Vaccine
10. Australian Government Announces Survey To Tackle Childhood Obesity
11. New Zealand Announces 10-year Plan For Betterment Of Mental Health Care
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/22/2013)... Brigham and Women,s Hospital (BWH) finds that a genetic ... lung disease, may be effective in identifying individuals at ... presented at the American Thoracic Society International Conference and ... of Medicine on May 22 and will appear ... variant of the MUC5B gene is fairly common, pulmonary ...
(Date:5/22/2013)... of Prussia, PA (PRWEB) May 22, 2013 ... proud to announce its participation in the Greater Philadelphia Tour ... cyclists and recreational riders who are passionate about stopping the ... more than 25 million Americans. , The Tour de ... Campus, located at 580 Meetinghouse Road in Ambler, 30 minutes ...
(Date:5/22/2013)... CA (PRWEB) May 22, 2013 Following ... the fitness franchise Fit Body Boot Camp ... Annual 1,000 lb. Meltdown Challenge starting on June 3rd ... Davidson Centre 601 Durham Street, Kincardine, Ontario.     , Fit ... to inspire and motivate local community residents to lose ...
(Date:5/22/2013)... BroadConnect Telecom, the leading provider ... solutions in North America announced plans to increase ... BroadConnect hosted security solutions. Available on premise, from ... new Security as a Service (SaaS) enables business ... of their choice, while optimizing internal network security. ...
(Date:5/22/2013)... Those who have already gone through a lap ... hardest work is yet to come. As of April 24, ... have special health needs that should be addressed in nutrition ... Surgery” abclocal.go.com/kabc/story?section=news/food_coach&id=9078455). Bariatric surgeon Dr. Madan offers four tips to ... can be lost and kept off. , First, lap ...
Breaking Medicine News(10 mins):Health News:Genetic marker associated with risk for pulmonary fibrosis 2Health News:PreDiabetes Centers to Appear at the Philadelphia Tour de Cure 2Health News:PreDiabetes Centers to Appear at the Philadelphia Tour de Cure 3Health News:Kincardine Fitness Center Promotes 2nd Annual 1,000 lb. Meltdown Challenge to Fight Obesity With All Proceeds Raised Going to Local Charity 2Health News:Kincardine Fitness Center Promotes 2nd Annual 1,000 lb. Meltdown Challenge to Fight Obesity With All Proceeds Raised Going to Local Charity 3Health News:BroadConnect Telecom to Launch Enterprise-Grade Hosted Security Solutions Engineered to Meet the Demands of Real World Business 2Health News:The Lap Band Center: Dr. Atul Madan Offers Five Tips for Ongoing Weight Loss for Lap Band Patients 2Health News:The Lap Band Center: Dr. Atul Madan Offers Five Tips for Ongoing Weight Loss for Lap Band Patients 3
... teach that selflessly "doing unto others" brings rewards in the hereafter. ... A growing body of research shows that religious practices are, ... will be outlined more fully at an extraordinary one-day conference, "Religious ... , Sponsored by The Heritage Foundation ...
... about eating healthfully, they make healthy foods, too. Members of ... practice group participated in a 2008 "Fast, Fresh & Flavorful" ... the top three submissions that were both healthy and delicious. ... the contest recipes were that they must include at least ...
... Rick Warren will present President,George W. Bush with the first ... of his unprecedented contribution to the fight,against HIV/AIDS and other ... held at the Newseum in Washington, D.C. on World AIDS,Day, ... the Forum, Warren will engage both President Bush and Mrs. ...
... 2008 as a free alternative to fee-based patent searching services, has rolled ... ... (Business Wire EON) November 24, 2008 -- SumoBrain is free to ... documents in Adobe PDF format by entering a list of up to ...
... decade Ochsner Health System,has enjoyed a partnership with Surgical ... cost savings and increased revenues for,Ochsner,s surgical services. ... more than their share of tragedy. Natural disasters ... New Orleans hospital infrastructure,badly damaged. Ochsner Medical Center ...
... Nov. 24 A study released recently in the,British ... 140 men who,received care at Washington University ... University of Michigan . The study, titled "Evaluation of ... found that,TargetScan(R) template guided biopsy technology potentially produces a ...
Cached Medicine News:Health News:Conferees to Explore How Religious Practice Reaps Health 2Health News:Conferees to Explore How Religious Practice Reaps Health 3Health News:Three Chef-Dietitians Win CanolaInfo Recipe Contest 2Health News:Saddleback Civil Forum on Global Health to Honor President George W. Bush on World AIDS Day: 2Health News:Saddleback Civil Forum on Global Health to Honor President George W. Bush on World AIDS Day: 3Health News:Saddleback Civil Forum on Global Health to Honor President George W. Bush on World AIDS Day: 4Health News: SumoBrain Adds Bulk PDF Downloading : Free Service Saves Money and Time for Attorneys, Inventors and Corporate IP Professionals 2Health News:Ochsner Health System, Surgical Information Systems Partner to Rebuild New Orleans Healthcare Infrastructure 2Health News:Ochsner Health System, Surgical Information Systems Partner to Rebuild New Orleans Healthcare Infrastructure 3Health News:TargetScan Evaluation is Shown to Deliver Potentially Higher Cancer Detection Rate and More Accurate Assessment of Grade 2
(Date:5/22/2013)... May 22, 2013 /PRNewswire-iReach/ -- MarketReportsOnline.com announces addition ... Guidebook Series (4) 2013 Edition Material and Clinical ... Drug Registration: A Guidebook of Registration Application for ... to its online database. The traditional ... are always regarded by occidental as mysterious medicines. ...
(Date:5/22/2013)... VANCOUVER, British Columbia , May 22, 2013  OncoGenex ... the development of novel therapeutics to target mechanisms of treatment ... investigational compounds, custirsen and OGX-427, will be presented as "Trials ... of the American Society of Clinical Oncology (ASCO) in ... 4. Despite the availability of drugs that ...
(Date:5/21/2013)... 2013 Concord Medical Services Holdings Limited ("Concord ... a leading specialty hospital management solution provider and operator ... centers in China and the parent of Chang,an Hospital, ... first quarter ended March 31, 2013 [1] . ... revenue, which consists of net revenues generated from the ...
Breaking Medicine Technology:China Pharmaceutical Market Guidebook Series (4) 2013 Report 2China Pharmaceutical Market Guidebook Series (4) 2013 Report 3China Pharmaceutical Market Guidebook Series (4) 2013 Report 4China Pharmaceutical Market Guidebook Series (4) 2013 Report 5OncoGenex Announces Multiple 'Trials in Progress' Presentations at the 2013 ASCO Annual Meeting 2OncoGenex Announces Multiple 'Trials in Progress' Presentations at the 2013 ASCO Annual Meeting 3OncoGenex Announces Multiple 'Trials in Progress' Presentations at the 2013 ASCO Annual Meeting 4OncoGenex Announces Multiple 'Trials in Progress' Presentations at the 2013 ASCO Annual Meeting 5Concord Medical Reports First Quarter 2013 Financial Results 2Concord Medical Reports First Quarter 2013 Financial Results 3Concord Medical Reports First Quarter 2013 Financial Results 4Concord Medical Reports First Quarter 2013 Financial Results 5Concord Medical Reports First Quarter 2013 Financial Results 6Concord Medical Reports First Quarter 2013 Financial Results 7Concord Medical Reports First Quarter 2013 Financial Results 8Concord Medical Reports First Quarter 2013 Financial Results 9Concord Medical Reports First Quarter 2013 Financial Results 10Concord Medical Reports First Quarter 2013 Financial Results 11Concord Medical Reports First Quarter 2013 Financial Results 12Concord Medical Reports First Quarter 2013 Financial Results 13
... 28, 2011 Pharmasset, Inc. (Nasdaq: VRUS ) ... Conference being held May 2 to 4, 2011 at the ... Merrill Lynch Healthcare Conference being held May 10 to 12, ... Price, Pharmasset,s President and Chief Executive Officer, will provide an ...
... 28, 2011 The U.S. Food and Drug ... with prednisone (a steroid) to treat patients with ... prior docetaxel (chemotherapy). (Logo: http://photos.prnewswire.com/prnh/20090824/FDALOGO ... sex hormone testosterone stimulates prostate tumors to grow. ...
Cached Medicine Technology:Pharmasset to Present at Two Upcoming Investor Conferences 2Pharmasset to Present at Two Upcoming Investor Conferences 3FDA Approves Zytiga for Late-Stage Prostate Cancer 2FDA Approves Zytiga for Late-Stage Prostate Cancer 3
... reference laboratory and a worldwide leader in ... an extensive test menu of highly complex ... anatomic pathology. Owned by the University of ... half of the nation's university teaching hospitals ...
... Laboratories is a national reference laboratory and ... and development. ARUP offers an extensive test ... tests in clinical and anatomic pathology. Owned ... clients include more than half of the ...
... reference laboratory and a worldwide leader in ... an extensive test menu of highly complex ... anatomic pathology. Owned by the University of ... half of the nation's university teaching hospitals ...
... reference laboratory and a worldwide leader in ... an extensive test menu of highly complex ... anatomic pathology. Owned by the University of ... half of the nation's university teaching hospitals ...
Medicine Products: