Irvine, California May 23, 2006 - Masimo Corporation, the
inventor of Pulse CO-Oximetry™ and Read-Through Motion and Low
Perfusion Pulse Oximetry, was honored by the American Electronics
Association's (AEA) Orange County Council at its Thirteenth Annual High
Tech Awards ceremony. The AEA recognized the Masimo Rainbow SET
Rad-57™ Pulse CO-Oximeter™, as the Innovative Product winner in the
Medical Technology category.
Masimo is the inventor of read-through motion and low-perfusion
pulse oximetry, a technology called Masimo SET®, which has been proven
more accurate and reliable in the most challenging clinical settings by
over 70 peer reviewed published clinical studies. Building on
this technology platform, Masimo has recently introduced Masimo Rainbow
SET™, a new technology that uses eight wavelengths of light to allow
clinicians to capture and monitor an unprecedented array of patient
physiological data, such as oxygen, carbon monoxide and methemoglobin,
noninvasively. Masimo Rainbow SET capabilities will be available
in Masimo monitors and in multi-parameter patient monitors produced by
leading manufacturers.
The Rad-57 Pulse CO-Oximeter, the first FDA cleared Rainbow SET
product from Masimo, is the first device that allows clinicians to
detect and monitor carbon monoxide levels in the bloodstream
non-invasively. In clinical studies and in the field, Masimo
Rainbow SET is already proving itself effective in detecting carbon
monoxide poisoning in seconds, allowing accurate diagnosis and early
treatment of a life-threatening problem that is frequently misdiagnosed
as flu or migraine. Masimo has also recently received FDA
clearance for the noninvasive measurement of methemoglobin levels in
the blood. A recent Johns Hopkins study found that
methemoglobinemia, a potentially lethal condition that starves the
tissues of oxygen, is much more common in hospitalized patients than
previously realized.
Joe E. Kiani, Chief Executive Officer of Masimo stated "We are
honored that the AEA has recognized Masimo with this award. From
the very beginning, we always believed that our breakthrough signal
extraction technologies would be widely applicable. Our first
application, Masimo SET Signal Extraction Pulse Oximetry, has rapidly
created a new performance standard for this critical vital sign.
With our Masimo Rainbow SET platform, we are collecting a much more
rich data stream separated from interference, enabling us to
distinguish additional blood constituents. Our clinical and
engineering teams are currently working to identify and qualify
additional Rainbow parameters. We thank the AEA for this award and it's
recognition of this innovative platform, and I thank my team for their
brilliant efforts and tireless progress."
About Masimo
Masimo develops innovative
monitoring technologies that significantly improve patient care-
helping solve "unsolvable" problems. In 1995, the company debuted
Read-Through Motion and Low Perfusion pulse oximetry, known as SET, and
with it virtually eliminated false alarms and increased pulse
oximetry's ability to detect life-threatening events. Over 70
independent clinical studies have confirmed that Masimo SET technology
allows clinicians to accurately monitor blood oxygen saturation in
critical care situations. In 2005 Masimo introduced Rainbow SET
and with it, Pulse CO-Oximetry, which, for the first time,
noninvasively monitors the level of carbon monoxide and methemoglobin
in the blood, allowing early detection and treatment of potentially
life-threatening conditions.
Masimo, founded in 1989, has the mission of "Improving Patient
Outcome and Reducing Cost of Care by Taking Noninvasive Monitoring to
New Sites and Applications." Additional information about Masimo and
its products may be found at www.masimo.com
Masimo, SET, Signal Extraction Technology and Improving and Reducing Cost of Care by Taking Noninvasive Monitoring to New
Sites and Applications are registered trademarks of Masimo Corp. Rainbow
and Pulse CO-Oximetry are trademarks of Masimo Labs.
About AeA
AeA, founded in 1943, is a nationwide
trade association that represents all segments of the technology industry
and is dedicated solely to helping our members' top line and bottom line. We do this in partnership with our small, medium,
and large member companies by lobbying governments at the state, federal,
and
international levels, providing access to capital and business opportunities, and offering select business services and
networking programs. For more information, please visit www.aeanet.org.