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January 16, 2014

EndoChoice Adds CEOs of UPS and Volcano Corporation to Board

EndoChoice  has added two highly regarded business leaders to the board of directors. Mr. Scott Davis, the Chairman and CEO of UPS (NYSE: UPS) and Mr. Scott Huennekens, President and CEO of Volcano Corporation (NASDAQ: VOLC) have joined the board as EndoChoice looks to more than double its revenue in 2014.

“I have been watching EndoChoice grow for the last several years,” said Davis. “The emphasis on innovation, quality execution and growth has helped EndoChoice become one of the most dynamic players in the medical technology industry. The future for EndoChoice is very bright.”

UPS and EndoChoice have been working together to deliver EndoChoice’s proprietary products and services to hospitals, ambulatory surgery centers and physician offices around the world.

“You can count on one hand the number of medtech companies over $50 million that are growing more than 30% in 2014. There is only one with which I’m familiar that is going to grow at greater than 100%,” said Huennekens. “Opportunities to help guide companies on this growth trajectory are rare; I’m excited to be involved with EndoChoice.”

EndoChoice is the fastest growing company in the video endoscopy market with the launch of the Fuse Full Spectrum Endoscopy(TM) system, the first and only endoscope with multiple imagers providing endoscopists the potential to diagnose and treat more diseases of the gastrointestinal tract.