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Advanced Micronic Devices Limited
Sector:Others Others - Miscella - Others
Market Lot: 1Face Value: 10ISIN Demat: INE903C01013
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Business Profile
Advanced Micronic Devices (ADVNCMIC) is a major player in areas such as cardiac care instruments, strategic electronics, IT, embedded systems, contract manufacturing and other areas. It was incorporated on Sep. 19, 1980 and converted into a public limited company on July 18, 1994. The company is a subsidiary of Opto Circuits, a major player in the very specialized, technology-oriented opto electronic industry, with other subsidiaries like Mediaid Inc. USA, Eurocar Gmbh, and Altron Industries.

The company offers healthcare products like Pulse oximeters, Sensors digital thermometers and syringe pumps; global positioning (GPS) systems like GPS/GIS Data collector, GPS/GSM data collection and development tools, navigation, ionospheric research, MIL qualified GPS, reference station, surveying GPS, timing and frequency, vehicle tracking, and displays; schematic entry, analog and mixed signal circuit simulation, hardware description language, PCB designing, SPECCTRA for layout, signal integrity, custom IC design tools, digital IC design tools, laser cavity design and analysis tools, general algebraic modeling system(GAMS), power system analysis; integrated engineering software and optiwave simulation software; and automation products for buildings, utilities, industrial, home and transportation, PCB design and fabrication.

Under its bank card division, the company markets electronic data capturing terminals and thermal printers like the Phoenix 9600 EDC payment terminal and access thermal receipt printers. The state-of-the-art manufacturing facility is located at the Electronic City in Bangalore. It has an R&D setup with a full-fledged product design division. With marketing offices at all the important metros in India, it is one of the top medical and other electronic equipment marketing company in India. The company has business partnerships with IBM, Lenovo, Microsoft, E-scan, Iomega, and other global majors.

The registered office is located at A 306, IInd Block 1, KSSIDC Building, Electronic City, Bangalore-560100.

The company disclosed fall of 73.91% in standalone net profit on y-o-y basis to Rs 1.67 million, while total income declined 8.31% y-o-y basis to Rs 114.32 million for the quarter ended June 2011.

Recent Developments
Advanced Micronic Devices (AMDL) healthcare division - AMDL Health, a leading provider of medical equipment and devices, today announced the launch of Cardiac ScienceTM family of advanced cardiac diagnostic products in India.

Mentor Graphics Corp has announced signing Advanced Micronic Devices (AMDL), a subsidiary of Opto Circuits (India) as a distributor in India. As part of this agreement AMDL will be responsible for market development, sales and pre and post-sales support for the Mentor simulation and analysis tools the PADS product and front-end design tools within the India region.

In Brief

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