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TECH HORIZON > SIMULATION
L-3 Communications Increases Stake in Medical Education Technologies
NEW YORK—April 6, 2006—L-3 Communications has increased its ownership stake in Medical Education Technologies Inc. to 80%, from approximately 47%. The business is now a consolidated subsidiary of L-3 Communications, according to a company announcement. It is expected to have annual sales of approximately $35 million.
METI is a supplier of human patient and surgical simulators, as well as related educational products. METI simulators encompass various medical scenarios, including effects from weapons of mass destruction, bio-terrorism and everyday conditions and injuries. They exhibit hundreds of medical scenarios, according to the announcement, while recognizing and responding to medical treatment and medication.
“METI is highly synergistic with L-3's training businesses. Not only are METI's human patient simulators essential to training in the medical community, the simulators are also used for training military surgical teams and trauma care units,” said Frank C. Lanza, chairman and chief executive at L-3 Communications. “METI's products have widespread applications for first responder training in the homeland security market.”
Products include the Program for Nursing Curriculum Integration, a learning module that integrates simulation-based learning opportunities in the existing undergraduate nursing curriculum, and the PediaSIM ECS, a portable pediatric patient simulator that generates realistic and automatic responses to clinical interventions and drug administration.
“This arrangement will benefit METI by giving us access to the resources of a company that believes in our mission and respects our brand," said Louis H. Oberndorf, president and chief executive at METI.
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