Healthcare >> CEO Interviews >> March 11, 2003

Fred Lampropoulos – Merit Medical Systems Inc (mmsi)

FRED LAMPROPOULOS is President and Chief Executive Officer of Merit Medical Systems, Inc. He has been in the medical device business over 20 years. He is the co-inventor on more than 100 patents of devices used in the diagnostic and therapeutic treatment of cardiovascular disease. In June 1987, Mr. Lampropoulos formed Merit Medical Systems, Inc., whose products specialize in the diagnosis and treatment of cardiovascular and radiological diseases. The company has expanded from a small manufacturing facility in Salt Lake to two separate local facilities totaling over 230,000 square feet. It also has developed separate manufacturing facilities in Santa Clara, California; Angleton, Texas; and Galway, Ireland. These manufacturing facilities enable Merit to provide quality subcomponents for its products and better distribution to foreign accounts. The company has achieved a world leadership position in most of the markets in which it participates and is renowned for its product innovation, customer service and product quality. Mr. Lampropoulos serves on the Boards of the Utah Foundation and the Tuacahn Center for the Arts, and is a member of the Tuacahn High School Board of Trustees. Mr. Lampropoulos is the recipient of many awards, including the 1993 Intermountain Entrepreneur of the Year sponsored by Inc. magazine and Ernst & Young; and 2002 Father of the Year for the State of Utah, sponsored by the American Diabetes Association. Merit Medical also has been selected in 2001 and 2002 to the Forbes magazine list of the 200 Best Small Companies in America. Profile
TWST: Could you give us a short introduction to Merit Medical

Systems?

Mr. Lampropoulos: Merit Medical is a company that I founded 16

years ago to engage in the interventional cardiology