This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

EDAP Expands Japan Sales Force

Focus on World's Largest Lithotripsy Market

Installs First Sonolith i-sys in Japan

LYON, France, Oct. 7, 2010 (GLOBE NEWSWIRE) -- EDAP TMS SA (Nasdaq:EDAP), the global leader in therapeutic ultrasound, announced today that it has strengthened its sales force in Japan. The expansion is part of a strategic initiative to address the opportunity in one of the largest worldwide markets for the treatment of urinary stones (lithotripsy).

Earlier this year, EDAP received Japanese Administration marketing approval for its fully integrated and robotized Sonolith i-sys lithotripsy device. With this approval, EDAP implemented a marketing plan that included expansion of its sales force and increased marketing activities. Two senior sales professionals recently joined EDAP, bringing their long-term sales experience and strong track-record in the lithotripsy business, together with their leading position in their respective Japanese territories.

Jean-Francois Bachelard, President of EDAP Technomed Co Ltd in Tokyo, commented, "We are very enthusiastic about the strategic addition of the two senior lithotripsy sales professionals. Together with our current sales experts, we are well positioned to address the strong demand for technologically advanced devices from major clinical centers and university hospitals across Japan."

EDAP recently placed its first Sonolith i-sys lithotripter at the Hitachi Naka Hospital, located in Mito, in the Urology Department headed by Dr. Yoshii, who has significant experience with lithotripters for the treatment of urinary stones.

Dr. Yoshii commented, "I have been impressed by the quality of clinical outcomes produced by EDAP's Sonolith i-sys device. Stones are rapidly and fully disintegrated, with minor to no pain for the patient and very low side effects post procedure. We are all very enthusiastic about adding the Sonolith i-sys to our therapeutic arsenal."

Marc Oczachowski, EDAP's Chief Executive Officer, added, "We are very excited in moving forward our proactive marketing strategy to capitalize on global opportunities for our established lithotripsy business. We are strengthening our sales team and bringing innovative products to major markets as we aim to generate sales revenue and take market share from our competition."

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,084.49 +33.74 0.20%
S&P 500 2,013.43 +15.91 0.80%
NASDAQ 4,830.47 +19.6820 0.41%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs