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Laser Ionics Company

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BUSINESS
September 15, 1990 | LESLIE BERKMAN, TIMES STAFF WRITER
As part of a cost-cutting campaign, Trimedyne Inc. said Friday it sold its industrial laser manufacturing facility in Florida to an Orange County investor group for $450,000. Richard Demmer, executive vice president, said Trimedyne sold Laser Ionics Inc., an Orlando firm that it acquired in 1983, to a group that includes Richard Brown, Robert Moon and Robert Yamasaki. Laser Ionics makes an argon gas laser that is used to heat a probe for opening clogged leg arteries.
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BUSINESS
September 15, 1990 | LESLIE BERKMAN, TIMES STAFF WRITER
As part of a cost-cutting campaign, Trimedyne Inc. said Friday it sold its industrial laser manufacturing facility in Florida to an Orange County investor group for $450,000. Richard Demmer, executive vice president, said Trimedyne sold Laser Ionics Inc., an Orlando firm that it acquired in 1983, to a group that includes Richard Brown, Robert Moon and Robert Yamasaki. Laser Ionics makes an argon gas laser that is used to heat a probe for opening clogged leg arteries.
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BUSINESS
October 6, 1989 | JONATHAN WEBER, Times Staff Writer
Trimedyne Inc., the Tustin-based medical laser firm that has suffered several recent setbacks, said Thursday that it has agreed to sell two subsidiaries to a local investment group for $3.5 million in cash. Trimedyne said the investors, headed by county real estate developer Richard Brown, had made a non-refundable $50,000 cash payment in exchange for an option to buy Poly Optical Products Inc. of Santa Ana and Laser Ionics of Tampa, Fla., on or before Dec. 1.
BUSINESS
October 6, 1989 | JONATHAN WEBER, Times Staff Writer
Trimedyne Inc., the Tustin-based medical laser firm that has suffered several recent setbacks, said Thursday that it has agreed to sell two subsidiaries to a local investment group for $3.5 million in cash. Trimedyne said the investors, headed by county real estate developer Richard Brown, had made a non-refundable $50,000 cash payment in exchange for an option to buy Poly Optical Products Inc. of Santa Ana and Laser Ionics of Tampa, Fla., on or before Dec. 1.
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