PHOENIX, Feb. 12, 2018 (GLOBE NEWSWIRE) -- Pro-Dex, Inc. (NASDAQ:PDEX) (“Pro-Dex” the “Company”), CEO Rick Van Kirk joined Everett Jolly on “Stock Day” to review recent accomplishments and 2018 expectations.
Pro-Dex is a medical device manufacturer and supplier specializing primarily in power tools used in operating rooms. The company is now working on Pro-Dex branded products and hopes to release its first product in April. “Having our own branded products will shorten the sales cycle,” said Van Kirk. “We will be capable of showing clients prototypes to shipping out the product in a matter of weeks.”
“You have now had four years of sequential revenue growth and reported $5 million in profit last year,” said Jolly. “How do you plan on reinvesting in the company?”
“The influx of cash is allowing us to develop more capabilities as a company; which will improve our process, thus lowering operating costs and improve margins,” Van Kirk continued. “We are proud of the work we have done recently that resulted in our largest customer extending its contract three years.”
To listen to the full interview please click here to the following link: https://upticknewswire.com/featured-interview-ceo-rick-van-kirk-of-pro-dex-inc-nasdaq-pdex-3/
About Pro-Dex, Inc.
Pro-Dex, Inc. specializes in the design, development and manufacture of autoclavable, battery-powered and electric, multi-function surgical drivers and shavers used primarily in the orthopedic and maxocranial facial markets. We have patented adoptive torque-limiting software and proprietary sealing solutions which appeal to our customers, primarily medical device distributors. Pro-Dex also sells dental instruments and rotary air motors. Its Fineline Molds division manufactures plastic injection molding for a variety of industries. Pro-Dex's products are found in hospitals, dental offices, and medical engineering labs around the world. For more information, visit the Company's website at www.pro-dex.com.
Statements herein concerning the Company's plans, growth and strategies may include 'forward-looking statements' within the context of the federal securities laws. Statements regarding the Company's future events, developments and future performance, as well as management's expectations, beliefs, plans, estimates or projections relating to the future, are forward-looking statements within the meaning of these laws. The Company's actual results may differ materially from those suggested as a result of various factors. Interested parties should refer to the disclosure concerning the operational and business concerns of the Company set forth in the Company's filings with the Securities and Exchange Commission.
Richard L. Van Kirk, Chief Executive Officer
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Source: Uptick Newswire