Smiths Medical, MD gets ACHC accrediation

Smiths Medical, MD (Saint Paul, Minnesota), part of the Smiths Group, reports its award of accreditation status by the Accreditation Commission for Health Care (ACHC) for medical supply services.

Smiths Medical is a supplier of specialized medical devices to global markets. The Medication Delivery (MD) division focuses on vascular access, ambulatory and acute care infusion pumps, insulin technology systems and pain management. Smiths Medical customers include consumers, hospitals and other healthcare providers worldwide.

ACHC, a private, not-for-profit corporation which is certified to ISO 9001:2000 standards, was developed by home care and community-based providers to help companies improve business operations and quality of patient care.

Medwave unable to file 10-Q

Medwave (Arden Hills, Minnesota) reported that due to the recent departure of its CFO, it was unable to timely file its Form 10-Q for the period ended March 31, 2007. As a result, the company received a NASDAQ Staff Determination letter because the Company was not in compliance with Marketplace Rule 4310(c)(14), which requires timely filing of periodic reports with NASDAQ for continued listing.

The non-compliance with Marketplace Rule 4310(c)(14) makes the Company's common stock subject to being delisted from the NASDAQ. The Company is currently working with its independent public accountants to finalize the Form 10-Q before May 29, 2007 to avoid delisting.

Medwave makes non-invasive blood pressure solutions. Medwave trades on the NASDAQ capital market under the symbol MDWV.