Mentice AB

Mentice AB appoints Lawrence D. Howell to Chairman of the Board

Press release   •   Dec 05, 2011 12:28 UTC

Mr. Lawrence (Lonnie) D. Howell has held multiple executive positions in the banking and investment sector since the late 70s. Most recently as Chief Executive Officer of EFG International, a listed bank holding company. From 1995 to 1997, he was CEO of the predecessor entity, EFG Bank and Chief Executive Officer of EFG Bank Zurich from 1997 to 2005. Prior to EFG International, Mr. Howell held several executive positions with Coutts & Co. International Private Banking in New York, Citibank Switzerland and has worked with McKinsey & Co. among others.

”I am excited to have Mr. Howell on our team, he has been a very active owner the last 4-5 years and the opportunity to work more closely with him in the development of our business and market is very attractive”, says Göran Malmberg, CEO and President of Mentice. ”Mr. Howell has a good understanding of the healthcare marketplace and I am sure his creativity and network will be very useful”, Mr. Malmberg continues.

Mentice is a world recognized leader in the area of endovascular training solutions and Mentice´s products are used extensively for training of physicians in a wide range of procedural areas. Clients are some of the world leading hospitals, educational institutes, skills centers as well as a majority of the world’s leading medical device manufacturers. With fast development of interventional treatment methods, requirement for training of physicians greatly in demand and will continue to grow demand for Mentice solutions.

”I am intrigued and inspired by the ideas and products Mentice brings to the table. The opportunity to save lives and dramatically improve efficiency by implementing structured surgical training is very motivating, I believe there is great benefit from structured surgical training and the opportunity to save lives is eminent. I am excited at the opportunity to work with Mentice at this exciting time”, says Mr Howell.

Mentice is a world leader in medical simulation, providing qualified solutions for training, education and assessment opportunities. With a focus on minimally invasive techniques and procedures, Mentice develops simulation systems for training in a safe environment within the fields of endovascular intervention and minimally invasive surgery. The advantages of training with Mentice solutions are well documented enhancing clinical performance, reducing cost, and, in the long term, improving patient safety.