Pace Medical Completes Restructuring

Pace Medical Completes Restructuring

PLAINVILLE, Mass.--(BUSINESS WIRE)-- Pace Medical (Pink Sheets: PMDL) announces completion of its facility relocation to Plainville, MA. The company has successfully integrated the resources and manufacturing strengths of its UK based subsidiary into its new US location. All R&D and manufacturing will be based out of Plainville. Devices Ltd, a UK based firm was appointed its Authorized European Representative.

"This completes the final stage of restructuring the Company's R&D and manufacturing operations to provide product and support to our global customer base," stated Steven Hanson, President & CEO.

"Our next phase will be new product introductions which will be highlighted at the up-coming Heart Rhythm Society meeting in Denver, Colorado this May," added Mr. Hanson.

Pace Medical
Steven Hanson
+1 858-452-2222

KEYWORDS:   United Kingdom  United States  Europe  North America  Colorado  Massachusetts


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