IntriCon to Introduce New Wireless Product Family at EUHA Congress in Germany
October 07 2008 - 12:10PM
Business Wire
IntriCon Corporation (NASDAQ: IIN), a designer, developer,
manufacturer and distributor of body-worn medical and electronics
devices, today announced that it will introduce its new wireless
nanoLink� product family at the European Union of Hearing Aid
Acousticians� (EUHA) 53rd Annual Congress in Leipzig, Germany. Part
of the company�s Bodynet� wireless portfolio, nanoLink is a family
of products based on proprietary new radio technology and circuitry
developed by IntriCon. nanoLink�s advanced capabilities and
micro-miniature footprint enable wireless sensing and intra-device
communication that�s ideally suited for both the hearing health and
medical markets. �We�re very excited to introduce the new nanoLink
product group, which is at the forefront of wireless radio
technology,� said Mark S. Gorder, IntriCon president and chief
executive officer. �A key focus for IntriCon is working directly
with our customers and continuing to invest in R&D based on
their marketplace needs�and nanoLink is the direct result of that
strategy. This product family will not only allow us to develop
smaller, more advanced hearing health devices, but it also enables
future medical applications including the bio-telemetry of critical
diagnostic and therapeutic information. We currently have several
experimental bio-telemetry projects under way.� Included in the
product line: nanoLink Radio Module� This module combines the
high-speed nanoLink 405MHz digital radio integrated circuit (IC)
into a package with the Orela digital signal processor (DSP) and a
256kbit EEPROM�memory that stores device critical information.
Together they form an ultra compact, low power solution for advance
signal processing and wireless audio and data telemetry. nanoLink
Programming Adapter�A device that provides the capability to
wirelessly program any hearing aid containing an IntriCon DSP
amplifier from a Windows PC via the standard USB interface. The
system consists of a hearing aid adapter unit and a PC adapter
unit. Said Gorder, �By adding comprehensive wire capabilities to
our portfolio, nanoLink further enhances the mobility and
effectiveness of body-worn devices. Beyond hearing health and
medical, we intend to leverage this technology for our professional
audio business, which focuses on security and emergency response
needs, and hearing protection.� About IntriCon Corporation
Headquartered in Arden Hills, Minn., IntriCon Corporation designs,
develops and manufactures miniature and micro-miniature body-worn
medical and electronics products. The company is focused on three
key markets: medical, hearing health, and professional audio and
communications. IntriCon has facilities in the United States, Asia
and Europe. The company�s common stock trades under the symbol
�IIN� on the NASDAQ Stock Market. For more information about
IntriCon, visit www.intricon.com. Forward-Looking Statements
Statements made in this release and in IntriCon�s other public
filings and releases that are not historical facts or that include
forward-looking terminology such as �may�, �will�, �believe�,
�expect�, �should�, �optimistic� or �continue� or the negative
thereof or other variations thereon are �forward-looking
statements� within the meaning of the Securities Exchange Act of
1934 as amended. These forward-looking statements include, without
limitation, statements concerning the benefits of IntriCon's
technology, prospects in the miniature body-worn device arena,
future growth and expansion, future financial condition and
performance, prospects and the positioning of IntriCon to compete
in chosen markets. These forward-looking statements may be affected
by known and unknown risks, uncertainties and other factors that
are beyond IntriCon�s control, and may cause IntriCon�s actual
results, performance or achievements to differ materially from the
results, performance and achievements expressed or implied in the
forward-looking statements. These risks, uncertainties and factors
include, without limitation, possible non-performance of new and
developing technology, risks related to the Tibbetts acquisition,
including unanticipated liabilities and expenses, the risk that
IntriCon may not be able to achieve its long-term strategy,
weakening demand for products of the company due to general
economic conditions, the volume and timing of orders received by
the company, changes in the mix of products sold, competitive
pricing pressures, availability of electronic components for the
company�s products, ability to create and market products in a
timely manner, competition by competitors with more resources than
the company, foreign currency risks arising from the company�s
foreign operations and other risks detailed from time to time in
the company�s filings with the Securities and Exchange Commission,
including the Annual Report on Form 10-K for the year ended
December 31, 2007. The company disclaims any intent or obligation
to publicly update or revise any forward-looking statements,
regardless of whether new information becomes available, future
developments occur or otherwise.
Intricon (NASDAQ:IIN)
Historical Stock Chart
From Apr 2024 to May 2024
Intricon (NASDAQ:IIN)
Historical Stock Chart
From May 2023 to May 2024