Key Business Developments with Richards Micro-Tool

Richards Micro-Tool, a manufacturer of rotary cutting instruments & industrial cutting tools, announced it has completed the following key business developments:

• Release of its proprietary MediDrillTM and MediMillTM product lines;
• Expanded medical and dental capabilities via purchase of production equipment from Surgical Reconstruction, Inc.;
• Awarded ISO 13485 medical certification

New Product Lines and Expanded Manufacturing Capabilities Richards Micro-Tool has recently released a proprietary line of MediDrill and MediMill cutting instruments for orthopedic surgeries, with an initial emphasis on spinal surgery applications. The Company also recently purchased Swiss turning machines and other production equipment from Surgical Reconstruction, Inc. The addition of Swiss turning machines to Richards Micro-Tool’s existing equipment base is well suited for supplying cutting instruments and other devices to the medical and dental markets. Additional information on the new products can be found at www.richardsmicrotool.com.

Successful ISO 13485 Audit
Richards Micro-Tool recently completed an initial ISO 13485 audit; the audit’s favorable findings mean the Company is now ISO 13485 certified. ISO 13485 represents the standard for establishing and maintaining a comprehensive management system for the design and manufacture of medical devices. Obtaining the ISO 13485 certification is an important step in solidifying Richards Micro-Tool’s position as a critical supplier to the medical and dental markets.

“We are extremely pleased to be making these announcements today,” said Richards Micro-Tool President, Eli Crotzer. “As demonstrated by the release of our new MediDrill and MediMill product lines, purchase of additional production equipment and the successful ISO 13485 certification audit, we are fully committed to expanding our capabilities as they relate to medical and dental cutting instruments. Richards Micro-Tool will expand capabilities to service the medical and dental markets as we seek to partner with the most progressive medical and dental OEMs in the industry.”