24.05.2007 13:07:00
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HealthTronics Announces Medical Leave of CEO
HealthTronics, Inc. (NASDAQ:HTRN), a leading provider of urology
services and products, today announced that Sam B. Humphries, President
and Chief Executive Officer of HealthTronics, has suffered a cardiac
event and is currently recovering. Mr. Humphries has been admitted to a
hospital for evaluation and treatment and is expected to make a full
recovery.
R. Steven Hicks, Chairman of the Board, said, "Our
thoughts are with Sam and his family at this difficult time. We extend
our best wishes and strongest support to Sam and his family and we look
forward to welcoming him back soon.”
James Whittenburg, President of the Company’s
Urology Services Division, has been appointed acting President and Chief
Executive Officer until Mr. Humphries is able to resume his role.
"We are confident that James will continue to
run the Company effectively during this interim period. James is a
highly capable leader who has an impressive history with the Company and
broad experience. Together with the Board’s
support and the Company’s talented management
team, we are confident that HealthTronics will continue executing the
strategy put in place by the management team during this interim period,”
said Mr. Hicks.
About HealthTronics, Inc.
HealthTronics is a premier urology company providing an exclusive suite
of healthcare services and technology including urologist partnership
opportunities, surgical and capital imaging equipment, maintenance
services offerings, and clinical and anatomical pathology services.
Statements in this press release that are not strictly historical,
including statements regarding plans, objective and future financial
performance, are "forward-looking”
statements that are made pursuant to the safe harbor provisions of the
Private Securities Litigation Reform Act of 1995. Although
HealthTronics believes that the expectations reflected in such
forward-looking statements are reasonable, no assurance can be given
that the expectations will prove to be correct. Factors that
could cause actual results to differ materially from HealthTronics’
expectations include, among others, the existence of demand for and
acceptance of HealthTronics’ services, the
integration of Prime’s and HealthTronics’
businesses, regulatory approvals, economic conditions, the impact of
competition and pricing, financing efforts and other factors described
from time to time in HealthTronics’ periodic
filings with the Securities and Exchange Commission.
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