June 04, 2009 10:59 ET

Innovative Belfast-Based Company Appoints Internationally Renowned Scientist and Business Leader as Chairman

LONDON, UNITED KINGDOM--(Marketwire - June 4, 2009) - ST+D, a world-leader in medical products including sensors and electrodes, has recently appointed Clif Alferness as Non-Executive Chairman.

The appointment of Seattle-based Mr Alferness - who has, in his time, co-founded eight medical device companies which have raised in excess of $600 million in funding investment - is seen as a major coup for ST+D, a leading innovator in its field and the result of a collaborative venture between the University of Ulster and the Northern Ireland business community.

Mr Alferness, a serial inventor with over 88 US patents to his name and an author of 38 scientific publications, comes to ST+D with a wealth of experience in the medical device industry, including management positions at InControl Inc., Physio-Control Corporation and Medtronic. He will remain in his role as a director of Spiration and Calibra Medical.

Mr Alferness began his career with a BSEE at the South Dakota School of Mines & Technology in 1969, and had designed implantable cardiac pacemakers for Medtronic Inc. by the time he left the company in 1975. He spent one and a half years at Duke University conducting cardiac electrophysiological research before founding or co-founding a number of medical device companies, with most finance raised from the venture capital market.

Michael Caulfield, Chief Executive Officer of ST+D, highlighted the importance of appointing an eminent business leader of the calibre of Mr Alferness to the company: "We are now in a position where we are growing our market share and presence in the US, and the appointment of Clif will enhance our ability to engage with stakeholders, especially potential venture capitalists."

ST+D's latest invention is a tiny device taking the form of a disposable adhesive patch worn on a patient's chest, which, via a small electronic unit, can send wireless signals back to a doctor, who can monitor their patients' hearts and vital signs irrespective of where the patient is located. The device, which is currently being rolled out, is attracting international attention for the Belfast-based firm.


Michael Caulfield is available for interview. A native of Belfast, now living in Londonderry, he originally graduated as an electrical and electronics engineer from Queen's University. He held top jobs at Seagate and Viasystems before becoming Chief Executive at ST+D (Sensor Technology and Devices).

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