Labros Petropoulos to Join MR Instruments

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MR Instruments hires senior RF coil executive to advance Cheetah Coils and MRI manufacturer relationships.

MR Instruments, Inc. (MRII), makers of Cheetah Coils™ for 3 Tesla (3T) magnetic resonance imaging (MRI), announces the appointment of Labros Petropoulos, Ph.D., to Chief Operating Officer (COO). Dr. Petropoulos will be responsible for integrating the company’s operations to grow the Cheetah Coil product line and align the Company with the requirements of 3T MRI manufacturers.

“With over 15 years of broad-based experience in the research, development, engineering, operations, and integration of MR systems, Dr. Petropoulos brings a strong skill set in RF coil design and manufacturing. He held key, senior engineering and operations positions in USAI during their high growth period, an environment similar to MR Instruments today,” said Charles Minter, CEO, “In every instance, he helped turned growth opportunities into true success. We look forward to having him on board.”

As a senior manager at USAI, Dr. Petropoulos was responsible for the research, development, engineering and the integration of high-field RF coils (1.5T and higher) into all major OEM platforms. He has been instrumental in establishing USAI as the leader of RF coil manufacturing for field strengths of 3T and above, capturing more than 90% of the available RF coil market. As the Director of Engineering at USAI, Dr. Petropoulos was responsible for leading the engineering team to release 28 new RF coil products in one year. This was an increase in the RF coil portfolio for USA Instruments of more than 75%, and resulted to an increase in the company's annual revenue of 57%.

Dr. Petropoulos earned his PhD from Case Western Reserve University, MSc from DePaul University, BSc from University of Athens. He is working on his MBA at Cleveland State University. Dr. Petropoulos holds more than 32 related patents in the field of MR, together with a wealth of scientific publications and conference presentations.

About MR Instruments, Inc. (MRII):

MR Instruments designs and builds ICE™ (Inductively Coupled Elements) technology-based coils under the brand name Cheetah Coils. Cheetah Coils are a new breed of RF coils for the most demanding 3T MRI applications. MRII, under its license agreements, has exclusive rights to the technology of Cheetah Coils. These patent rights cover all existing and future applications of ICE™ principles as they relate to MRI, MRS and fMRI. For more information, please visit: http://www.cheetahcoils.com.

Contacts:

Charles Minter, CEO, (612) 251-4123

Karen Hill, Corporate Communications, (612) 656-2600

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