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Zoll Medical

Zoll wins three-year AED contract in U.K.

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Zoll Medical Corp. (NSDQ:ZOLL) landed a lucrative deal as the British Heart Foundation’s exclusive supplier for automated external defibrillators.

The Billerica, Mass.-based resuscitation products maker said its new contract could exceed $2 million over its three-year course.

The company’s AED Plus and AED Pro devices will supply the BHF’s program to equip U.K. communities with public defibrillators. Both the AED Plus and AED Pro automatically deliver defibrillatory shocks and offer spoken instructions to help rescuers provide manual CPR.

Zoll Medical marketing chief unloading stock holdings

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With the share price of Zoll Medical Corp. (NSDQ:ZOLL) on an extended run, there apparently is no time like the present for Ward Hamilton to cash in his company stock.

Hamilton, senior vice president for marketing at Zoll, likely is more than $550,000 richer after selling 22,500 shares of stock earned through employee incentive programs since he joined the company in 1992. The May 18 transaction went out at $30.92 a share, generating just under $700,000 in gross proceeds, while Hamilton probably spent an average about $6 a share — or around $135,000 overall — to exercise options used to acquire those shares.

Zoll’s Q2 profits soar 105 percent

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Zoll Medical Corp. (NSDQ:ZOLL) posted strong second-quarter results, reporting a 15.5 percent increase in revenues and a 105 percent surge in Q2 profits.

The Billerica, Mass.-based resuscitation products provider reported revenues of $107.1 million for the three months ended March 31, compared with $92.7 million during the same period last year.

Zoll Medical CFO set to sell stock

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Ernie Whiton is not a person who lets stock options lay around without getting some exercise.

The CFO at Zoll Medical Corp. (NSDQ:ZOLL) is preparing to sell off another large slice of his company stock, disclosing plans this week to offer up to 90,000 shares through a series of pre-arranged sales beginning next month.

Whiton joined the Chelmsford, Mass.-based maker of defibrillators in January 1999, following a six-year stint at Ionics Inc. (now part of General Electric) in Watertown, Mass. He earns $280,000 in annual salary and holds a total of 107,750 vested options to buy Zoll stock priced between $11.26 and $23.05 a share, awarded through Zoll’s long-term equity incentive compensation plan.

Zoll Medical’s iPhone CPR app hits 40,000 downloads

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Officials at Zoll Medical Corp. (NSDQ:ZOLL) say the company’s CPR training app for the iPhone has been downloaded more than 40,000 times.

Mark Totman, president of Bio-Detek Inc., a Pawtucket, R.I.-based subsidiary of Chelmsford, Mass.-based Zoll, told MassDevice that those downloads have come from more than 60 different countries.

In addition, Totman said, Zoll is giving the training app away for free during February to commemorate National Heart Awareness Month. The application normally costs about 99 cents, he said.

Zoll’s Q1 profits slip 20% despite increased sales of $105 million

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Zoll Medical Corp. (NSDQ:ZOLL) posted a 20.2 percent decline in net income during the first quarter, despite logging a 17.6 percent sales increase, hampered by still-slow capital spending.

The Chelmsford, Mass.-based resuscitation device maker reported net income of $2.3 million, or 11 cents per share, for the three months ended Jan. 3, compared with $2.9 million, or 14 cents per share, during Q1 2009. That’s despite sales of $105.2 million, compared with $89.5 million during the first quarter last year. The company had orders worth about $17 million in its pipeline at the end of the most recent quarter, more than double the amount it had at the end of Q1 2009.

U.S. Senate hopeful Scott Brown: “I can stop the bill” on healthcare reform

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U.S. Senate hopeful Scott Brown is no fan of the medical device tax — or the entire healthcare reform bill, for that matter.

On a campaign stop at Chelmsford, Mass.-based resuscitation device maker Zoll Medical Corp. (NSDQ:ZOLL), Brown promised he’d do all he could to kill the proposed 10-year, $20 billion levy on medical device makers contained in the Senate’s healthcare reform package.