New York, NY and Park City, Utah, January 30, 2006
Roberts Mitani Advisors, LLC announced the founding and initial financing of Pinyons Medical Technology, Inc., a medical device company that designs, develops, and manufactures novel medical devices to help physicians, nurses, and technologists improve patient safety and procedural efficacy. Pinyons proprietary products under development will help clinicians inject & aspirate fluids and inflate dilatation & occlusion balloons during medical procedures.
The founder and CEO of Pinyons Medical Technology, Inc. is Shawn Fojtik, an experienced engineer and medical device entrepreneur who previously has marketed and managed innovative device products at Boston Scientific and other market leaders. The investors and partners represented by Roberts Mitani in connection with the financing and global launch of Pinyons are IASU Co., Ltd. a growing Japanese medical device and IT services company, and Cosmotec Co., Ltd., an established distributor of medical devices in Japan. Bruce Roberts of Roberts Mitani will join the Board of Directors of Pinyons to assist in the development of the company.
Yung Jin Kim
212-582-9800, ext. 101