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Article: Austin Medical Technologies, Inc. (OTC-PK: AMTK) Experiences Double Digit Growth in 4th Quarter of 2003 Over the Prior Quarter of 2003.
- Article from:
- PR Newswire
- Article date:
- March 10, 2004
CopyrightCOPYRIGHT 2004 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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AUSTIN MEDICAL TECHNOLOGIES, Inc. (OTC Pink Sheets: AMTK), announces double digit sales growth of 11% in the 4th quarter of 2003 over the prior 3rd quarter of 2003.
Kurt Tarter, President and CEO, states, "The business is experiencing strong and sturdy growth due to the continued demand for our products and services utilized by surgeons throughout the world. The business is an annuity model with recurring revenue each month. Our customers sign multi year contracts, and Austin maintains a track record of 95% contract renewal. We anticipate this strong sales trend to continue through 2004."
About Austin Medical Technologies, Inc.
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