1.877.CLEVEMED (1.877.253.8363)

CleveMed News Releases

For More Information Contact:

Amy Rickard
Cleveland Medical Devices Inc.
Phone: 216.791.6720
arickard@clevemed.com
www.CleveMed.com


FOR IMMEDIATE RELEASE


CLEVEMED CHAIRMAN AND FOUNDER IS AWARDED FOR BUSINESS SUCCESS


CLEVELAND, OHIO, January 4, 2007 - Cleveland Medical Devices Inc. (CleveMed) and Orbital Research, Inc. announced that they are both ranked once again among the Weatherhead 100 fastest growing companies in Northeast Ohio. These recent awards make the companies´ Founder and Chairman, Robert N. Schmidt, the first to receive 15 Weatherhead 100 honors. This achievement marks just one honor among a growing list of accomplishments related to small business development.

Because of his business success, Mr. Schmidt has worked as an advocate for small businesses, and was named the 2006 National Small Business Association´s Small Business Advocate of the Year. Candidates for this national honor are chosen from over 150,000 small businesses represented by the NSBA and is based their efforts advancing small businesses and improving conditions for their owners on the federal, state and local levels.

In 2005, Inc. Magazine and Harvard University´s Initiative for a Competitive Inner City honored Mr. Schmidt with The Inner City´s Seven in Seven Award. Mr. Schmidt is the only business owner whose companies have placed among The Inner City 100 fastest growing companies located in inner cities seven times in seven years since the award’s inauguration. The award was presented by Professor Michael Porter of the Harvard Business School and Mr. Gordon Lee Jones III, publisher of Inc. Magazine.

It was Mr. Schmidt’s passion for helping small businesses that led to his recognition among those in the entrepreneurial and small business world. Not only has he contributed to the growth of the five businesses that he started, but he also has worked on behalf of many other small businesses by teaming up with Senators Olympia Snowe (R-Maine) and George Voinovich (R-Ohio) to help small businesses save $10,000 in taxes when purchasing new capital equipment. In his work he has contributed to developing new programs in Ohio to help promote technology-based small businesses, allowing for new job creation.

According to Mr. Schmidt, “It is important that small technology companies keep in contact with their representatives in government. Small businesses now employ more scientists and engineers than large businesses and create more patents, which is the number one indicator of regional economic wealth. Without these creative small companies, the region and the nation will lose their economic competitiveness."

About CleveMed

CleveMed was founded with the goal of developing innovative telemetry devices for a variety of medical applications. Today, CleveMed is developing and pioneering the use of novel wireless monitoring systems for high growth neurology and rehabilitation applications, including movement disorders, sleep disorders and brain monitoring. Through these innovations, CleveMed has developed a growing range of products that address the needs of the medical, research and academic communities. For more information, please visit www.CleveMed.com

About Orbital Research

Orbital Research develops and commercializes new and innovative custom-engineered solutions using our expertise in Advanced Systems, Aerodynamics, Medical Devices and Micro Devices for various commercial and military applications.
Bookmark and Share

Request More Information

 
 
©1998-2011 Cleveland Medical Devices Inc.
4415 Euclid Ave (4th Floor), Cleveland OH 44103
Toll-free: 877.CleveMed | 877.253.8363
Phone: 216.791.6720 | Fax: 216.791.6739