Navigation Links
ZONARE Reports Fourth Quarter and 2011 Results
Date:3/2/2012

MOUNTAIN VIEW, Calif., March 2, 2012 /PRNewswire/ -- ZONARE Medical Systems, Inc., a leading developer of innovative high-end ultrasound solutions, today announced financial results for the fourth quarter and fiscal year ended December 31, 2011.

Sales for 2011 approached $70 million, resulting in 20% year-over-year sales growth. Sales for the fourth quarter exceeded $18 million and the company reported an operating profit for the quarter. More than 50% of the sales in 2011 were generated by the company's international operations. Both the full year and fourth quarter sales were records for ZONARE.

"Our strong financial results for 2011 validate the strength and market acceptance of the z.one Ultrasound Platform," said Timothy A. Marcotte, President and Chief Executive Officer. "With more than 6,000 z.one ultrasound units installed, our customer base is providing the foundation that has propelled us to profitability and will fuel future growth. The performance of our international distribution channels is starting to show the potential we had anticipated. With representation in over ninety countries, the groundbreaking ZONE Sonography Technology is rapidly become the system of choice among our customers."

For 2012, the company anticipates revenue growth of 15% to 20%, and to achieve an operating profit for the year.

The company had other significant accomplishments in 2011:

  • Frost & Sullivan 2011 North American Technology Innovation Award in Diagnostic Ultrasound Imaging Technology. Recognizing excellence in the development of Zone Sonography Technology (ZST), the Frost & Sullivan Award highlighted ZONARE's technology as one of the industry's most significant ultrasound breakthroughs.
  • Zonare ranked highest in performance across a number of clinical applications and ranked first or second in several customer support and service categories in the KLAS "Ultrasound 2011: Innovation on the Move" report.
  • Initiated shipments of its new advanced software applications optimized for vascular imaging. Featuring B-steer enhancements of linear array transducers and new venous calculations, the new applications expand the clinical utility of the z.one system and offers improved vascular imaging performance and workflow.

 

About the z.one Ultrasound Platform

ZONARE's z.one ultrasound platform delivers high-end image quality powered by its proprietary ZONE Sonography™ Technology (ZST). The system's innovative, software-based design and architecture allows continuous performance enhancements and upgrades via software and delivers the highest level of system uptime and customer productivity. The z.one Ultrasound platform delivers premium performance and provides mobility and workflow advantages across a wide range of clinical settings.

About ZONARE Medical Systems, Inc.

ZONARE Medical Systems, Inc., based in Mountain View, Calif, is solely dedicated to ultrasound excellence through its innovative, software-based, next generation technology, and putting customers and employees first. The patented design and architecture of the z.one Ultrasound platform deliver high-end image quality and clinical versatility at unparalleled value. For more information, visit: www.zonare.com.

ZONARE, z.one, and Zone Sonography is a trademark of ZONARE Medical Systems, Inc.


'/>"/>
SOURCE ZONARE Medical Systems, Inc.
Copyright©2010 PR Newswire.
All rights reserved

Related medicine technology :

1. ZONARE Medical Systems Announces Appointment of Timothy A. Marcotte as President and Chief Executive Officer
2. ZONARE Medical Systems Appoints Timothy S. Heher as Vice President of Finance
3. ZONARE Medical Systems to Showcase z.one Ultrasound Platform at RSNA
4. Frost & Sullivan Honors ZONARE for Ultrasound Innovation
5. ZONARE Medical Systems Announces Appointment of PJ Ryland as Vice President of Business Development & Corporate Accounts
6. ZONARE Scores in Clinical Applications, Performance and Customer Support & Service in KLAS 2011 Ultrasound Report
7. ZONARE Provides z.one Ultrasound System for Medical Missions to Guatemala
8. ZONARE Ranks in Top 3 in KLAS 2010 Ultrasound Report
9. Imaging Industry Executive Jay D. Miller Tapped to Lead ZONARE
10. IRIDEX Reports 2011 Fourth Quarter and Year-End Results
11. Cumberland Pharmaceuticals Reports 2011 Annual Financial Results
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:3/24/2017)... Wash. , March 23, 2017  Mirabilis ... of advanced medical technology for non-invasive surgery, announced ... Mirabilis System for treatment of uterine fibroids throughout ... it had received approval from the US Food ... of the Mirabilis System in the United States.  ...
(Date:3/23/2017)... Research and Markets has announced the addition of the ... 2025" report to their offering. ... The Global Cryostat Market is poised to ... to reach approximately $3.5 billion by 2025. This industry ... segments on global as well as regional levels presented in the ...
(Date:3/23/2017)... March 23, 2017  Transportation Insight, a multi-modal lead ... supply chain management firm with expertise serving clients in ... Rick Zaffarano was named a 2017 ... Chain by the only publication exclusively dedicated to covering ... chain. "Rick has brought to Transportation Insight ...
Breaking Medicine Technology:
(Date:3/24/2017)... ... ... “The Adventures of Joey, The Dog Who Barks at Puddles”: a boisterous story about ... as God intended. “The Adventures of Joey, The Dog Who Barks at Puddles” is ... for writing, especially about truth and human behavior. , Published by Christian Faith Publishing, ...
(Date:3/23/2017)... , ... March 23, 2017 , ... A recent report ... entry into teacher preparation programs. The NCTQ report suggests, based on a review of ... would significantly improve teacher quality in the U.S. It argues that this higher bar ...
(Date:3/23/2017)... ... March 23, 2017 , ... ... to their communities, 16 more public health departments have been awarded national accreditation ... another 4.5 million people into the expanding network of communities across the nation ...
(Date:3/23/2017)... ... March 23, 2017 , ... PAINWeekEnd (PWE) Oklahoma City, on ... Avenue, will be an educational and exciting program providing busy clinicians and allied ... chronic pain. , Oklahoma is in a healthcare crisis. The state ranks 46th ...
(Date:3/23/2017)... ... 23, 2017 , ... The MBI “Hall of Fame” recognizes the contributions of those whose careers ... impact on the careers of all others involved. , On Monday, March 21st, ... MBI’s Hall of Fame. The induction took place during the World of Modular – ...
Breaking Medicine News(10 mins):