NORTHVALE, NJ -- ADM Tronics reported fiscal first quarter sales fell 34% to $757,000 as the manufacturer switches its focus to its own suite of proprietary medical devices.

For the quarter ended Jun. 30, net income rose to $22,600 from $2,333 a year ago.

In a press release, the firm said, "As previously announced, ADMT initiated its strategic plan to redefine its business growth strategy by redirecting more of its resources to the research, development, engineering and production of its own suite of proprietary medical technologies. As these technologies go through various stages of development, revenues from engineering services and medical device manufacturing from clients is reduced while continuing to post a profit for the quarter."

"We are continuing our strategy to devote more of our engineering and development resources towards our own proprietary medical device technologies," said Andre' DiMino, president, ADMT. "We believe increased efforts on our proprietary medical technologies is the best route for the future growth of the company."

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