NEWTON, Mass., Jun 27, 2006 (BUSINESS WIRE) -- Aspect Medical Systems, Inc. (NASDAQ: ASPM) today
announced that the Boston Business Journal has named the company as
one of the 2006 Best Places to Work in its fourth annual regional
awards program. The honor recognizes Aspect Medical's achievements in
creating a positive work environment that attracts and retains
employees through a combination of employee satisfaction, working
conditions and company culture. The company was acknowledged at a
special reception and presentation at the Sheraton Boston Hotel on
Thursday, June 22, 2006.
"We are honored to be recognized as one of the best places to work
in Massachusetts," said Margery Ahearn, vice president of Human
Resources at Aspect. "At Aspect Medical, we continuously strive to
innovate and improve our corporate environment. We are proud to be a
winner of this award."
Aspect is one of more than 300 companies to qualify for
consideration of this award, making the top 20 list in its size
category based on the results of employee-satisfaction surveys taken
throughout the spring.
"For the fourth year in a row, our results validate how the
creation of the right corporate culture can create powerful business
advantages," said George Donnelly, Boston Business Journal editor.
"Employees are proud to work for companies that are about more than
just business."
This recognition from the Boston Business Journal is one of four
notable awards Aspect Medical has received in 2006. In May, Aspect
Medical was named one of the Boston Globe's Top 100 Companies. The
Globe 100 ranks the best-performing publicly traded
Massachusetts-based corporations using criteria including sales
growth, profit, and positive returns for shareholders during 2005. In
April, Aspect Medical was awarded the Shingo Prize for Excellence in
Manufacturing, hailed as the "Nobel Prize for manufacturing" by
BusinessWeek magazine. Aspect Medical also received the 2006 HR
Medallion award in recognition of outstanding human resource practices
that support lean manufacturing. One Shingo Prize winner is awarded
the HR Medallion each year. Aspect Medical was chosen by demonstrating
human resources strategies and programs that improve retention.
About Aspect Medical Systems, Inc.
Aspect Medical Systems, Inc. (NASDAQ: ASPM) is a global market
leader in brain monitoring technology. To date, the Company's
Bispectral Index (BIS) technology has been used to assess more than
15.2 million patients and has been the subject of approximately 2,500
published articles and abstracts. BIS technology is installed in
approximately 70 percent of hospitals listed in the July 2005 U.S.
News and World Report ranking of America's Best Hospitals and in
approximately 47 percent of all domestic operating rooms. In the last
twelve months BIS technology was used in approximately 14 percent of
all U.S. surgical procedures requiring general anesthesia or deep
sedation. BIS technology is available in more than 160 countries.
Aspect Medical Systems has OEM agreements with seven leading
manufacturers of patient monitoring systems. The company is also
investigating how other methods of analyzing brain waves may aid in
the diagnosis and management of neurological diseases, including
depression and Alzheimer's disease. For more information, visit
Aspect's Web site at http://www.aspectmedical.com.
Safe Harbor Statement
Certain statements in this release are forward-looking and may
involve risks and uncertainties, including statements regarding the
benefits and potential therapeutic applications of BIS technology.
There are a number of important factors that could cause actual
results to differ materially from those indicated by these
forward-looking statements. For example, the Company may not achieve
widespread market acceptance of its BIS monitoring technology among
anesthesiologists. The Company also faces other barriers to market
penetration and acceptance. The Company may not be able to compete
with new products or alternative techniques that may be developed by
others, including third-party anesthesia monitoring products approved
by the FDA, and also faces competitive and regulatory risks relating
to its ability to successfully develop and introduce enhancements and
new products. Cases of awareness with recall during monitoring with
the BIS system and significant product liability claims are among the
factors that could limit market acceptance. There are additional
factors that could cause the Company's actual results to vary from its
forward-looking statements, including without limitation those set
forth under the heading "Risk Factors" in the Company's Quarterly
Report on Form 10-Q for the fiscal quarter ended April 1, 2006 as
filed with the Securities and Exchange Commission. In addition, any
forward-looking statements represent the Company's views only as of
the date of this press release and should not be relied upon as
representing the Company's views as of any subsequent date. While the
Company may elect to update forward-looking statements in the future,
it specifically disclaims any obligation to do so, even if its
expectations change. Therefore, you should not rely on these
forward-looking statements as representing the Company's views as of
any date subsequent to the date of this press release.
Aspect, Bispectral Index and BIS are registered trademarks of
Aspect Medical Systems, Inc. All other trademarks, service marks and
company names are the property of their respective owners.
SOURCE: Aspect Medical Systems, Inc.
Aspect Medical Systems, Inc.
Adam B. King, 617-559-7125
or Mobile: 617-821-5464
aking@aspectms.com
