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:2/9/2016)... -- Axovant Sciences Ltd. (NYSE:  AXON), a leading clinical-stage ... today announced further details of three new clinical ... of Lewy body dementia, a disease affecting approximately ... of the three studies were recently initiated and ... quarter. In addition, the Company reported financial results ...
(Date:2/9/2016)... The new report "Global Diagnostic Ultrasound Devices Market Assessment ... reveals that global diagnostic ultrasound devices market was valued at US$ ... million by 2019 at a CAGR of 6.8% from 2015 to ... has been analyzed for six geographies of North America ... , Latin America , Middle-East ...
(Date:2/9/2016)... 2016 The new report "Global Blood Monitoring & Cardiac Monitoring Devices ... Consulting group reveals that global market for blood monitoring & cardiac ... expected to grow to US$ 24,830.1 million by 2019 at a ... America , Europe , Asia-Pacific ... and Africa . The three major ...
Breaking Medicine Technology:
(Date:2/9/2016)... ... February 09, 2016 , ... Cirracore Enterprise ... enterprises move workloads to the cloud. Cirracore provides a secure VMware® vCloud ... traversing the Internet. Transformation Solutions (TSL Partners) provides a full range of ...
(Date:2/9/2016)... (PRWEB) , ... February 09, 2016 , ... ... specialty pharmacies, announces today the continuation of the ‘Pay It Forward’ program into ... prescription referral received at our specialty pharmacy. , “Since our Pay It ...
(Date:2/9/2016)... ... February 09, 2016 , ... On January 12, 2016 Paul ... appointment after they noticed their furnace not producing any heat. Shortly after entering the ... cracked heat exchanger was leaking dangerous levels of carbon monoxide into the home, at ...
(Date:2/9/2016)... ... February 09, 2016 , ... The ... Herberger’s and Younkers department stores, announced it has raised $176,000 to benefit the ... Holden Comprehensive Cancer Center at the University of Iowa, The Lynn Sage Cancer ...
(Date:2/9/2016)... ... 09, 2016 , ... ZipHearing.com is proud to ... hearing aids , increase industry transparency, and promote awareness of hearing solutions ... “For the average consumer, the hearing aid industry is esoteric and difficult to ...
Breaking Medicine News(10 mins):