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Micron Products, Inc. Appoints Albert McGrath as Vice President of Operations(GlobeNewswire Via Acquire Media NewsEdge) FITCHBURG, Mass., Oct. 30, 2014 (GLOBE NEWSWIRE) -- Micron Products, Inc. (Micron), a wholly-owned subsidiary of Arrhythmia Research Technology, Inc. (NYSE MKT:HRT), announced today it has appointed medical device industry professional Albert (Bert) McGrath as the Company's Vice President of Operations, effective November 1. Mr. McGrath brings extensive operations experience to Micron, including a long career in orthopedic implant and medical device manufacturing. He has led operations for leading medical device manufacturers, including ConforMIS, Inc., Tornier, Inc., and Smith and Nephew, Inc. Mr. McGrath was most recently the Sr. Director of Operations for ConforMIS, Inc., where he was responsible for all manufacturing and supply chain operations, including in-house manufacturing, sterilization, sub-contracted manufacturing, materials management and facility activities. He also developed and executed all elements of the strategic and tactical manufacturing planning for ConforMIS. "Bert brings a wealth of industry experience to our Company and is a great fit for the direction in which we are taking Micron," said Salvatore Emma, Jr., President and CEO. "Micron is building its reputation as a world-class medical device contract manufacturer, through innovative products and service and, importantly, by providing the highest quality and value for its OEM customers. Bert's leadership and experience will be integral to our strategy as we add new capabilities, attract new customers and offer high value, agile manufacturing services to the orthopedic implant industry." Micron's mass customization approach, speed, and one-piece/small batch flow manufacturing allows its customers to reduce costs associated with carrying excess inventory, which can provide OEM's and their end-use customers with opportunities for savings. Mr. McGrath stated, "I am excited to become a member of the Micron team and to contribute to the growth of Micron as a world-class medical device company. Micron was always an excellent company to work with as a supplier. Now, to be part of a great organization is an extremely intriguing opportunity for me." About Arrhythmia Research Technology, Inc. The Company, through its wholly-owned subsidiary, Micron Products, Inc., manufactures components, devices and equipment for medical, military, law enforcement, industrial and automotive applications. The Company's orthopedic implant machining operation produces quick-turn, high volume and patient-specific, finished orthopedic implants. The Company has custom thermoplastic injection molding capabilities as well, and provides a full array of design, engineering and production services and management. Its strategy for growth is to capitalize on its engineering expertise to develop proprietary products with its customers that rely on Micron's extensive manufacturing capabilities for production. The Company is a market leader in the production and sale of silver/silver chloride coated and conductive resin sensors used as consumable component parts in the manufacture of integrated disposable electrophysiological sensors. The Company routinely posts news and other important information on its websites: http://www.arthrt.com and http://www.micronproducts.com. CONTACT: Investor and Media Contact: Deborah K. Pawlowski Kei Advisors LLC 716.843.3908 [email protected] Company Contact: Derek T. Welch Corporate Controller (principal financial and accounting officer) 978.345.5000 Source: Arrhythmia Research Technology Inc. 2014 GlobeNewswire, Inc. |