TechWadi

Despite the turbulent markets, we are pleased to note that a medical devices company with two key Arab American executives on its staff, was able to IPO a few weeks back. The company trades under the MASI stock ticker on the Nasdaq.

Masimo is a global medical technology company that develops, manufactures and markets non-invasive patient monitoring products that improve patient care. They invented Masimo Signal Extraction Technology, or Masimo SET, which provides the capabilities of Read-Through Motion and Low Perfusion pulse oximetry to address the primary limitations of conventional pulse oximetry.

On the executive team of Masimo are two Arab American executives who were instrumental in the company’s success:

• Ammar Al-Ali -  Executive Vice President, Engineering & Chief Technical Officer
  Ammar Al-Ali has served as Chief Technical Officer since December 1996. He is an inventor on more than 48 patents related to signal processing, sensors and patient monitoring. From April 1995 to December 1996, Mr. Al-Ali held various positions with us, including Director of Software Development. From January 1992 to November 1994, he served as the Director of Research and Development,
  Electronics for Ami-Med Corporation, a medical device company that provides instruments for continuous cardiac output. Mr. Al-Ali holds a B.S.E.E. degree from the University of Arizona.
  

•  Mohamed Elmandjra - President, Worldwide OEM Business
  Mohamed is a TechWadi member and the moderator of the first official TechWadi event back in April 2006 !
  Mohamed Elmandjra has served as our President, Worldwide OEM Business since August 2006. From December 2001 to July 2006, he served as Chief Executive Officer of ViOptix, Inc., a medical device company specializing in tissue oximetry. From January 1998 to July 1999, Mr. Elmandjra served as Vice President of Marketing of ADAC Laboratories, a nuclear medicine imaging equipment and
  radiation therapy planning systems company. In July 1999, he was promoted to Senior Vice President and General Manager of ADAC and he served in these positions until December 2000 when ADAC was acquired by Philips Medical Systems, a diagnostic imaging company. Mr. Elmandjra continued his employment with Philips Medical Systems as Senior Vice-President of its International Operations until he joined ViOptix. Mr. Elmandjra holds a Ph.D. in Bioengineering from the University of Pennsylvania and an M.B.A. from the University of Chicago.
  

 Ammar and Mohamed are both examples once again of the success and contributions of Arab American executives to the worldwide technology industry. We are delighted to have them as TechWadi members.