FOR IMMEDIATE RELEASE
Fotofab Introduces Titanium
Fabrication Capabilities to Medical Device Market
Lower tooling costs, design flexibility now part of titanium's long list of benefits delivered by Fotofab to medical device designers
Chicago, IL - April 16, 2003. Fotofab, a leading supplier of precision thin-metal parts, announced today it has added the manufacture of custom titanium parts to its long list of high-value fabrication capabilities. Titanium is imperative to the medical market because its superior strength and biocompatibility characteristics.
Offering titanium to the rapidly expanding medical device market will benefit many companies that rely on Fotofab as a quality metal part supplier and who need access to this versatile alloy to compete effectively. According to Frost & Sullivan, the U.S. remains the largest medical device market and leads the world in advanced medical technologies. The U.S. medical device industry is expected to grow at a compound annual growth rate of 9 percent between 1999 and 2004 and will continue to develop new innovative devices in minimal invasive surgery, cardiovascular, and orthopedic implants.
"With the addition of titanium to the broad array of alloys that Fotofab currently works with, Fotofab is now well positioned to offer the kind of strategic supplier relationship medical device companies need to reduce their time to market with new competitive designs made better with titanium." says Fotofab CEO, Dan Brumlik. "With our years of experience supplying custom precision metal parts to medical device companies, titanium was an obvious addition to our portfolio of expert fabrication capabilities."
Benefits of the manufacturing process include low cost, fast delivery and parts design flexibility. Compared to other traditional forms of manufacturing (such as stamping), the tooling used with Fotofab's process is only a fraction of the cost. The low cost tooling also makes it very easy for medical device design engineers to create multiple versions of a certain part. The 'better, faster, cheaper' premise also benefits companies in today's struggling economy.
About Fotofab
Founded in 1967, Fotofab continues to refine the photochemical machining process, (also known as chemical etching or milling) to produce custom precision metal parts in an efficient and environmentally friendly manner. A veteran supplier to the aerospace, automotive, defense, electronic, telecommunications, medical manufacturing industries, Fotofab is among the leading suppliers of precision metal parts including RF/EMI shields, electrical contacts, screens, connector housings, and more.