Inspiration Healthcare Group PLC Largest Ever Patient Warming System Order

TIDMIHC

Inspiration Healthcare Group PLC

14 March 2019

Inspiration Healthcare Group plc

("Inspiration Healthcare", the "Company" or the "Group")

Largest Ever Patient Warming System Order

Inspiration Healthcare Group plc (AIM: IHC), the global medical device company, is pleased to announce that it has agreed financial terms to start the shipment of almost 500 AlphaCore(5) Patient Warming Systems to Poland's largest non-governmental, and non profit charity, The Great Orchestra of Christmas Charity (GOCC), via our local distributor.

The AlphaCore(5) Patient Warming System is designed for use in operating theatres, delivery suites, and neonatal intensive care units. The order will be shipped during the next two months to over 200 hospitals for treating newborn babies throughout Poland where the Group has had a long term distributor relationship. This is the largest single order ever received for patient warming systems by the Group.

The GOCC, was founded in 1993 to save children's lives by providing medical equipment to public hospitals in Poland.

Commenting today, Neil Campbell, Inspiration Healthcare's Chief Executive said:

"We are delighted to have received this sizeable order for the AlphaCore(5) , which required many months of negotiation through our distributor in Poland. It forms part of the strong order book which I highlighted in the Trading Update on 22(nd) February and, now that terms have been agreed, we look forward to shipping the systems. The Great Orchestra of Christmas Charity is an immensely respected organisation that has helped improve the lives of thousands of children in Poland and for our products to be selected is a huge honour. We have established a strong presence in Poland with our distributor there and I'm confident that this order will also open up other opportunities across European markets and is a great endorsement for the AlphaCore(5) Patient Warming System."

Enquiries:

 
 Inspiration Healthcare Group      Tel: [phone] 
  plc 
  Neil Campbell, Chief Executive 
  Officer 
  Mike Briant, Chief Financial 
  Officer 
 Nominated Adviser & Broker        Tel: [phone] 
  Cenkos Securities plc 
  Mark Connelly 
  Cameron MacRitchie 
                                  ------------------- 
 Cadogan PR                        Tel: [phone] 
  Alex Walters 
                                  ------------------- 
 

About Inspiration Healthcare

Inspiration Healthcare (AIM: IHC) is a global supplier of medical technology for critical care, operating theatre and other medical applications. The Company provides high quality innovative products to patients and caregivers around the world that help to improve patient outcomes and efficiencies of healthcare organisations with patient focused customer service and technical support.

The Company's own brand of critical care solutions span non-invasive respiratory management, thermoregulation and diagnostics, and patient warming for newborns through to adults in intensive care and the operating theatre, whilst the distribution business supplies solutions to support specialised surgical procedures and infusion therapies.

Present in over 50 countries worldwide, Inspiration Healthcare's success has been built on continuous innovation, excellent customer service and an inherent commitment to improving the quality of life of patients, working in close collaboration with key opinion leaders and stakeholders in the clinical and medical community across the globe.

Further information on Inspiration Healthcare can be seen at www.inspiration-healthcare.com

About GOOC

The Great Orchestra of Christmas Charity is the biggest, non-governmental, non-profit, charity organization in Poland. The GOCC aims to support health care in Poland by purchase of state of the art medical equipment for Polish hospitals and clinics and by establishing and running six medical programmes and one educational programme. The foundation supports paediatric and geriatric wards, furnishing them in both complex medical devices such as MRI scanners, and providing long-term units with mattresses and beds.

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March 14, 2019 03:01 ET (07:01 GMT)