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Heart Technology. (Proxy Report Excerpts) (Public Companies Report) (Company Profile)
2515 140th Ave. N.E., Bellevue, WA 98005-1887, (206) 869-6160
Heart Technology manufactures and markets the Rotablator system, which treats atherosclerosis, a form of coronary artery disease. It is a patented method to mechanically remove plaque from blocked arteries.
The system was developed over an 11-year period by David Auth, the company's founder, and a small group of engineers and technicians. The company was established in 1989 and had an initial public stock offering in March 1992. It has 184 employees.
Value Number of shares outstanding (April 20, 1993) 14,537,953 Price (April 30, 1993) $16.75 Market …
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