Zoll Medical Corporation (NasdaqGS: ZOLL), a manufacturer of
resuscitation devices and related software solutions, today reported
that A. Ernest Whiton, its Chief Financial Officer and Vice President of
Administration, is entering into a 10b5-1 sales plan for the sale of
shares of ZOLL common stock over an approximate 12-month period. Under
the plan, it is anticipated that approximately 60,000 shares will be
sold but it is possible that under certain market conditions, the number
of shares sold under the Plan may increase to up to 90,000 shares. Sales
under the plan are expected to commence in the third quarter of fiscal
2010. The shares to be sold will be acquired upon the exercise of a
portion of stock options which were granted to Mr. Whiton over the past
eight years. This new plan follows 10b5-1 sales plans entered into by
Mr. Whiton in 2006, 2007 and 2008.
About ZOLL Medical Corporation
ZOLL Medical Corporation develops and markets medical devices and
software solutions that help advance emergency care and save lives,
while increasing clinical and operational efficiencies. With products
for defibrillation and monitoring, circulation and CPR feedback, data
management, fluid resuscitation, and therapeutic temperature management,
ZOLL provides a comprehensive set of technologies which help clinicians,
EMS and fire professionals, and lay rescuers treat victims needing
resuscitation and critical care.
A NASDAQ Global Select company and a Forbes 100 Most Trustworthy Company
for the past three years, ZOLL develops and manufactures its products in
the United States, in California, Colorado, Illinois, Massachusetts,
Pennsylvania, and Rhode Island. More than 400 direct sales and service
representatives, 1,100 business partners, and 200 independent
representatives serve our customers in over 140 countries around the
globe. For more information, visit www.zoll.com.
Certain statements contained in this press release, including
statements regarding the future business of the Company, and other
statements contained herein regarding matters that are not historical
facts, are "forward-looking” statements (as defined in the Private
Securities Litigation Reform Act of 1995). Because such statements are
subject to risks and uncertainties, actual results may differ materially
from those expressed or implied by such forward-looking statements.
Factors that could cause actual results to differ materially from those
expressed or implied by such forward-looking statements include, but are
not limited to, those factors discussed in the section entitled "Risk
Factors” in the Company's Annual
Report on Form 10-K filed with
the SEC on December 10, 2009. You should not place undue reliance on the
forward looking statements in this press release, and the Company
disavows any obligation to update or supplement those statements in the
event of any changes in the facts, circumstances, or expectations that
underlie those statements.
©2010 ZOLL Medical Corporation. All rights reserved. 269 Mill Road,
Chelmsford, MA 01824-4105. ZOLL is a registered trademark of ZOLL
Medical Corporation.
