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CALIFORNIA | LOCAL
September 21, 1999
Medical Resources Management Inc. reported net income of $106,000 for the third quarter ended July 31 compared with $77,000 for the same period last year. Revenues increased to $9.2 million from $8.8 million. Medical Resources Management rents and sells medical equipment, including mobile laser surgery equipment, to the health care industry.
CALIFORNIA | LOCAL
March 21, 2000
Medical Resources Management Inc. in Glendale reported net income for the first quarter ended Jan. 31 of $58,000, compared with $120,000 for the first quarter of fiscal 1999. Revenues rose to $3.1 million, compared with $2.9 million. Medical Resources rents and sells medical equipment, including mobile surgical lasers and laser technicians.
BUSINESS
June 17, 1997 | (Dow Jones)
Medical Resources Management Inc. of Glendale signed letters of intent to buy Med Surg Specialties and SurgiCare Services, both of Brea, for a combination of cash and stock. Med Surg, with revenue of about $1 million in 1996, provides mobile laser surgical services. SurgiCare Services is a development-stage company that repairs endoscopes used in minimally invasive surgical procedures for a unit of hospital operator Tenet Healthcare Corp.
BUSINESS
July 11, 1997 | (Dow Jones)
A Glendale company said Thursday that it has acquired Med Surg Specialties Inc. in an exchange of stock. Further terms weren't disclosed. Medical Resources Management Inc. said that Med Surg will be integrated into its Physiologic Reps Inc. unit. Med Surg, with revenue of about $1 million last year, provides mobile laser and surgical services in the Orange County area. Medical Resources, which posted revenue of $6.7 million last year, rents and sells medical equipment.
CALIFORNIA | LOCAL
January 30, 2001
Medical Resources Management Inc. of Glendale has agreed to a merger with Emergent Group Inc. Under terms of the agreement, each share of Medical Resources Management's outstanding common stock will be exchanged for 0.37 shares of Emergent Group stock. Medical Resources Management will operate as a wholly owned subsidiary of Emergent Group. Emergent Group Inc. is a New York-based merchant banking company.
CALIFORNIA | LOCAL
February 6, 2001
* James Kuciel has been appointed vice president of sales and support for Zuma Networks Inc. in West Hills. Kuciel will be responsible for worldwide sales and technical support of the company's products and services. Zuma Networks, a technology investment partner of MRV Communications Inc., develops Internet protocol platforms. * Frederick M. Lax has joined Tekelec of Calabasas as executive vice president and chief operating officer.
BUSINESS
February 8, 2001
* Richard Agostinelli has been named to the new posts of chief operating officer and chief financial officer of Culver City-based NeTune Communications, which provides broadband digital satellite networking services for the motion picture and TV production industries. Agostinelli is a former executive at Continental Graphics Holdings Inc. * Donald P. "Pat" Newell has been named senior vice president and general counsel at SCPIE Holdings Inc.
BUSINESS
October 28, 1996 | From Reuters
The brief resurgence of the market for initial public offerings is winding down and choppy waters lie ahead for companies planning to go public, analysts say. And the sheer number of deals in the offing has encouraged buyers to be selective. "The pipeline is pretty jammed," said David Menlow, president of the IPO Financial Network. He said about 454 equity offerings (including IPOs and secondary) were in registration, within a whisper of the all-time record of 468.
BUSINESS
March 25, 1996
Kenneth Vancini has joined Rockford Industries Inc., a Santa Ana finance company, as senior vice president of sales, a new position. Before joining the company, Vancini was vice president of national sales for the leasing services division of AT&T Capital. * Stanley Clark has been named to the new position of chief operating officer for Boyds Wheels Inc., a Stanton designer and manufacturer of aluminum wheels for the specialty automotive and motorcycle aftermarkets.
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