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MTMD Microtek Medical Hldgs (MM)

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Share Name Share Symbol Market Type
Microtek Medical Hldgs (MM) NASDAQ:MTMD NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
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Microtek Medical Signs Three Year Agreement With Premier

21/06/2007 9:25pm

PR Newswire (US)


Microtek Medical (NASDAQ:MTMD)
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ALPHARETTA, Ga., June 21 /PRNewswire-FirstCall/ -- Microtek Medical Holdings, Inc. (NASDAQ:MTMD) announced today that the Company was recently awarded a three-year agreement with Premier, Inc., operator of one of the nation's largest healthcare purchasing networks. Microtek Medical is a leading manufacturer of surgical equipment drapes which are used to maintain the integrity of the sterile field during surgery. Under this three-year agreement, Microtek Medical will offer Premier a complete line of its disposable surgical equipment drapes which are specifically designed to fit each type of Microscope, C-Arm, X-Ray Cassette, Endosurgical Probe and other surgical equipment found in today's operating room and ambulatory surgical settings worldwide. Premier, headquartered in San Diego and having offices in Charlotte, N.C. and Washington, D.C., is a hospital performance improvement alliance that serves more than 1,700 hospitals and more than 46,000 other healthcare sites in the United States and is dedicated to providing patients with reliably high-quality healthcare and improving patient outcomes. Dan R. Lee, Microtek Medical's President and CEO stated, "We are very excited about the opportunity to continue our relationship with Premier on an extended, long-term basis. Like Premier, we at Microtek Medical are very committed to improving the standard of patient care worldwide. We take great pride in our extensive line of infection control, fluid control and safety products which provide the highest level of patient care and prevention of cross infection, both for the patient and the healthcare provider. Our agreement with Premier highlights the significant value that Microtek Medical brings to its customers and how leading healthcare purchasing networks can use our stellar line of infection control products to improve efficiencies in their healthcare facilities while simultaneously decreasing risks of infection and controlling costs." About Premier: Premier is a 2006 Malcolm Baldrige National Quality Award recipient. Serving 1,700 hospitals and more than 46,000 other healthcare sites, Premier is the largest healthcare alliance in the United States dedicated to improving patient outcomes while safely reducing the cost of care. Owned by not-for-profit hospitals, Premier operates the nation's largest healthcare purchasing network, the most comprehensive repository of hospital clinical and financial information and one of the largest policy-holder owned, hospital professional liability risk-retention groups in healthcare. Headquartered in San Diego, Premier has offices in Charlotte, N.C. and Washington. For more information, visit http://www.premierinc.com/. About Microtek Medical: Microtek Medical is a leading manufacturer and supplier of innovative product solutions for patient care, occupational safety and management of infectious and hazardous waste for the healthcare industry. Headquartered near Atlanta, Georgia, the Company offers an extensive line of infection control, fluid control and safety products, such as disposable equipment and patient drapes, which are marketed to healthcare professionals through multiple channels, including direct sales, original equipment manufacturers ("OEM's") and private label arrangements. Microtek Medical's goal is to provide healthcare professionals with innovative product solutions that encompass a high-level of patient care and prevention of cross infection in operating rooms and ambulatory surgical centers worldwide. For further information, visit http://www.microtekmed.com/. DATASOURCE: Microtek Medical Holdings, Inc. CONTACT: Dan R. Lee, President & CEO, Jerry Wilson, CFO, or John Mills, Investor Relations, , all of Microtek Medical, +1-800-476-5973 Web site: http://www.microtekmed.com/ http://www.premierinc.com/

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