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Sutura Inc

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BUSINESS
March 1, 2000
Sutura Inc., a Fountain Valley medical device company, said Tuesday that it has raised $10 million in financing to help it meet regulatory requirements and launch its line of suture-based products. The company said it is developing a vascular stitching technology, called SuperStitch, that would be used in devices to suture vascular puncture sites in a rapid and automated manner. Sutura said in a press release that it received the financing from Synapse Capital LLC in Fountain Valley.
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BUSINESS
February 20, 2000
Matthew C. McGuinness is the new chief financial officer of Diedrich Coffee Inc. in Irvine. He was formerly senior vice president and chief financial officer at Denny's Inc. McGuinness succeeds Ann Wride, who assumes the new position of senior vice president, strategic development. * Michael C. Cortney has been named executive vice president of Standard Pacific Corp. in Costa Mesa.
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