IVAC names H. Clark Adams vice president of marketing and business development.

SAN DIEGO--(BUSINESS WIRE)--June 13, 1995--IVAC Corp. has named H. Clark Adams vice president of marketing and business development.

Adams, who has more than 20 years experience in the biomedical device industry, comes to IVAC from Pharmacia Deltec Inc., in St. Paul, Minn., where he was vice

Previously, Adams was a co-founder and vice president, sales and marketing, for Deltec Systems Inc., a start-up company that developed and marketed ambulatory infusion pumps and accessories. He helped lead the company from start-up in 1983 to a 79 percent market share in 1993.

In 1987, Deltec Systems merged with Pharmacia Hospital Products and NuTech to form Pharmacia Deltec, and Adams became vice president, business development and strategic planning. The company was sold to U.K.-based Smiths Industries last year.

Gregory E. Sancoff, chairman and chief executive officer of IVAC, said that Adams' entrepreneurial spirit and experience with a start-up company were key factors in his selection for the position. "He shares our vision for making IVAC a new company, not just in product but also in culture," Sancoff said.

"Clark has worked on the leading edge of the homecare market since its inception. His company had the most innovative products and the highest quality in the industry, and he established several strategic alliances and joint ventures with global pharmaceutical companies," Sancoff said. "His experience will be especially valuable as IVAC expands to serve the growing homecare market."

Adams said he feels IVAC has a tremendous opportunity for growth and is "on the verge of an exciting time. I'm eager to combine my experience with IVAC's knowledge base, name and reputation for service."

Adams received his bachelor of science degree from Murray State University, in Murray, Ky., in 1970, and his MBA from Nova University, in Fort Lauderdale, Fla. He has served on the board of directors of several medical device companies and recently was a director on the board of the University of Minnesota School of Nursing Foundation.

A pioneer and market leader in electronic infusion instruments, thermometry and automated vital signs measurement systems, IVAC develops, manufactures and distributes a complete line of medical devices. Along with its 370,000-square-foot headquarters and manufacturing facility in San Diego, the company also operates manufacturing facilities in Creedmoor, N.C.; Hampshire, U.K.; and Tijuana, Mexico.

Founded in 1968, IVAC became a wholly owned subsidiary of Eli Lilly and Co.'s Medical Devices and Diagnostics Division in 1977, and was purchased by an investment group headed by River Medical and DLJ Merchant Banking Partners in December 1994.

CONTACT: McQUERTERGROUP, San Diego

Larry Anderson/Gregory McQuerter, 619/450-0030