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_______________________________________________________ Richard Nazarian Named One of 100 Notable People in the Medical Device Industry ST. PAUL, Minn. May 7, 2008 - Richard Nazarian, Minnetronix President, CEO and co-founder,

has been recognized for his contributions to the medical device industry by the editors of Medical

Device & Diagnostic Industry (MD&DI), a Canon Communications LLC publication. Mr. Nazarian

was selected as one of the magazine’s 100 notable people in the medical device industry and will

be featured in the June 2008 edition of MD&DI.

Rich has worked for over 20 years in the medical device field, beginning with product

development efforts for implantable artificial heart electronics, cardiopulmonary bypass systems,

laser imaging systems, and other products. Rich’s numerous patents, papers and awards testify

to his interest and excellence in the medical device field.

In 1996, Rich, along with Jonathan Pierce and Dirk Smith, founded St. Paul-based Minnetronix,

Inc., as a software and electronics company specifically focused on medical device product

development and manufacturing. Since founding Minnetronix, Rich has served as President and

CEO, providing both business and technical leadership. In this position, he has contributed to the

creation of innovative medical devices ranging from cancer treatment systems to heart-lung

machines, nerve growth stimulators, and ventricular assist devices.

His leadership as President and CEO has guided Minnetronix as it’s grown from three employees

with one project in 1996, to 130+ employees and over 30 concurrent design and manufacturing

programs in 2007.

About Minnetronix, Inc.

Minnetronix is a medical device company, specializing in the design, manufacturing and support

of electronics-based medical products. Minnetronix’ experienced engineers and manufacturing

teams provide expertise on a wide range of Class II and Class III medical equipment such as

cardiovascular systems, point-of-care diagnostic instruments, therapeutic devices, implantable

devices, and monitoring equipment. Minnetronix has completed over 100 development and

manufacturing projects for more than 75 different medical device companies that range in size

from small start-ups to Fortune 500 firms. Minnetronix is ISO 13485:2003-certified and is an FDA-

registered contract manufacturer.

FOR IMMEDIATE RELEASE