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Carrot Medical Reports 2010 Growth in Sales and Financing, Optimism for 2011

February 3, 2011 By Bio-Medicine.Org

BOSTON, Feb. 3, 2011 /PRNewswire/ — Carrot Medical, a leading
designer of integrated medical imaging display systems, has
announced results for 2010. During the year, Carrot Medical
achieved significant growth in sales, an expansion of sales
channels and secured additional private financing.

Carrot Medical, recognized as a market leader, is the
manufacturer of C-View, an Information Technology solution that
integrates medical images and other visual data onto a single,
ultra-high-definition display. Carrot Medical also offers, C-Com, a
communication system that allows greater collaboration among
clinical team members, while reducing noise and distraction during
procedures.  Both systems have been purchased by leading
healthcare institutions for use within cardiovascular
interventional suites throughout the USA.

Carrot Medical’s success in 2010 includes sales growth exceeding
100 percent over the prior year. This represents the third
consecutive year that Carrot Medical has achieved this level of
growth. New sales included orders for more than 50 of Carrot
Medical’s C-View and C-Com systems, representing an expanded
geographic installed-base across all regions of the country.

“We are thrilled, considering economic challenges and limited
healthcare budgets, that clinicians and administrators continued to
recognize Carrot Medical’s technology as a valuable investment in
the optimization of clinical delivery processes,” said Ward
Sparacio, CEO of Carrot Medical.

Jeremy Wiggins, Carrot Medical’s Vice President of Product
Development and Strategic Marketing stated; “The combination of new
investment capital, along with our growing sales trajectory, will
afford Carrot the opportunity to execute an aggressive strategy for
new-market expansion and R&D activities in 2011.”

In 2010, Carrot Medical achieved compliance with ISO 13485,
demonstrating the highest standards of quality management systems
for medical devices and giving

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SOURCE

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