PEABODY, Mass., April 28, 2010 (GLOBE NEWSWIRE) — Analogic Corporation (Nasdaq:ALOG), a leading provider of medical imaging and aviation security technology, announced today that the Company has received a $100,000 grant from the Massachusetts Division of Career Services (DCS) Workforce Training Fund. Analogic will use the funds to support a Lean Six Sigma training program to improve the Company’s productivity and reduce costs.
Six Sigma is the implementation of a measurement-based strategy that focuses on improving the quality of process outputs by finding and removing the causes of errors. Analogic will train and certify employees at Six Sigma black belt, green belt, and yellow belt levels, to identify process improvement opportunities and implement strategies to shorten new-product development cycles. The Company expects to achieve savings through increased productivity and the reduction of waste and inefficiencies.
“We are very pleased to receive this Workforce Training Fund grant,” said Jim Green, Analogic’s president and CEO. “Lean Six Sigma training is an important part of our initiative to enhance and sustain Analogic’s operational efficiency with more streamlined processes and world-class manufacturing capabilities. The funds from this grant will allow our employees to benefit from the best training available.”
Jim Ryan, vice president of global operations, added, “This grant will help Analogic accelerate training and development at all levels of the operation to drive improved efficiency and higher quality manufacturing. Lean Six Sigma is a key component in remaining competitive in the growing medical and security markets.”
The Workforce Training Fund is a state fund that is financed by Massachusetts employers to provide resources to Massachusetts businesses for employee training.
Analogic is a high-technology company that designs and manufactures advanced medical imaging and security systems and subsystems sold to original equipment manufacturers (OEMs) and end users in the healthcare and homeland security markets. We are recognized worldwide for advancing state-of-the-art technology in the areas of computed tomography (CT), magnetic resonance imaging (MRI), digital radiography, specialized ultrasound, and automatic explosives detection for airport security. Our OEM customers incorporate our technology into systems that they in turn sell for various medical and security applications. We also sell our ultrasound products directly to specialized clinical end-user markets through our direct worldwide sales force under the business name BK Medical ApS (BK Medical). For more information, visit www.analogic.com.
CONTACT: Analogic Corporation Mark Namaroff, Director of Strategic Marketing & Investor Relations (978) 326-4058 email@example.com
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