LOS ANGELES, Calif., July 7 -- PRNewswire/ AsiaNet
Canon Communications LLC today announced plans to launch two new products
-- a quarterly Chinese language magazine, CMDM (China Medical Device
Manufacturer) and the MEDTEC China exhibition and conference -- to serve
China's fast-growing medical manufacturing industry. Canon will receive active
support for both initiatives from the China Association for Medical Devices
Industry (CAMDI), which represents nearly 4,000 member companies and has strong
ties to the country's State Food & Drug Administration (SFDA).
Canon has put CMDM magazine on a fast track, with the premiere issue
scheduled for January 2005. The initial circulation will be 6,000. The
MEDTEC China show will debut in the fall of 2005, with enthusiastic
cooperation from the U.S. Food and Drug Administration (FDA).
Commenting on the announcement, William F. Cobert, President & CEO of
Canon Communications LLC stated, "China's medical manufacturing market is
growing at an astonishing rate and much of its infrastructure is already in
place. Through these major product line extensions, we will expand our global
reach and be in a strong position to assist our core customer segment --
high-technology OEM suppliers -- in serving the Chinese market."
For the past 25 years, Canon has published the leading publications for
the global medical device industry, providing in-depth news and information to
a monthly OEM readership that includes product design engineers, R&D and
senior management. The MEDTEC (Medical Equipment Design & Technology
Exhibition & Conference) international show series was launched in 1997 and
now includes annual events in Stuttgart, Germany and Galway, Ireland.
According to Frost & Sullivan's 2002 Country Industry Forecast: Chinese
Healthcare Industry, China's total healthcare market grew well over
100 percent in the five-year period ending in 2001. During the same
timeframe, the share of the medical devices and equipment segment of this
market increased from 5 percent to nearly 17 percent.
"We enthusiastically support Canon's new products in China," said CAMDI's
Chairman Jiang Feng. "Our member companies need a dedicated industry journal
and exhibition to meet the sharply growing demands of China's healthcare
marketplace. Canon's international accomplishments in trade publishing and
event organization are well known to us and, in terms of providing access to
vital information and world-class suppliers, they are clearly the global
leader."
For information about these new Canon products, contact
[email protected] regarding MEDTEC China and [email protected]
about CMDM.
Canon Communications LLC is the leading publisher, trade show producer and
digital media company for the medical manufacturing, general design,
microelectronics, pharmaceutical and packaging industries. In addition to 20
trade magazines and 18 U.S. and international trade shows, Canon produces
industry directories, medical device engineering and design awards and
comprehensive Internet sites. For additional information on Canon products,
contact the company at 1+ (310) 445-4200 or visit www.cancom.com .
For more information about the China Association for Medical Devices
Industry (CAMDI), please call +86 (010) 62018883 or visit www.camdi.org .
Canon Communications LLC is a platform company of VS&A Communications
Partners II, L.P., a private equity affiliate of media merchant bank Veronis
Suhler Stevenson.
SOURCE: Canon Communications LLC
CONTACT: Suzanna Rosemont of Canon Communications LLC
+1-310-445-4200, [email protected]
Web site: http://www.camdi.org
http://www.cancom.com
--Distributed by AsiaNet (www.asianetnews.net)--
--InfoQuest (PP)--