REPR: I like this little penny stock pick more every day -- make money, and help children to boot. Not much reaction so far to this news. IMO, this is a fantastic accomplishment, like those pictures in biology class of an ant carrying a huge insect back home for dinner.
TO BUSINESS AND MEDICAL EDITORS:
Repro-Med Systems Announces Signing National Purchasing Agreement With Child Health Corporation of America
CHESTER, N.Y., Jan. 13 /PRNewswire/ -- Repro-Med Systems, Inc.
(OTC Bulletin Board: REPR) announced that it has signed a group purchasing
agreement with Child Health Corporation of America for its Freedom60 Syringe
Infusion System.
CHCA is a cooperative and business alliance of 38 children's hospitals
which represents $4.5 billion in annual revenues, has over 61,000 hospital
employees and 19,000 pediatricians and pediatric specialists. The agreement
calls for CHCA to assist RMS to market the Freedom60 to its members through
December, 2002.
Andy Sealfon, President of Repro-Med, said, "While we have several
individual members of this hospital group currently using the Freedom60, CHCA
represents the first major hospital group that has endorsed the Freedom60 at
the national level. It's now our job to introduce each member hosptial to the
tremendous cost savings and outstanding performance of the Freedom60. Based on
our current users, we believe the potential exists for each facility to
acquire in excess of 75 pumps per location." Sealfon added that, "the
Freedom60 represents one of those breakthrough products which provides
unprecedented performance at a cost equal to or less than a gravity drip
infusion. In these days of diminishing insurance reimbursement, the Freedom60
enables a safe reliable-and for children most importantly-portable infusion to
be in reach of every patient."
The Freedom60 Syringe Infusion System consists of a non-electric,
portable, low cost device which creates a safe constant pressure infusion.
The Freedom60 uses standard 60ml syringes, and dedicated tubing sets to
control the flow rates. The Freedom60 has been designed to operate to in
excess of 4,000 cycles making it one of the lowest cost per use devices on the
market. For further information please visit the Company's web site at
repro-med.com or call 800-624-9600.
SOURCE Repro-Med Systems, Inc.
/CONTACT: Andy Sealfon of Repro-Med Systems, Inc., 800-624-9600/
/Web site: repro-med.com
Jan-13-2000 16:37 GMT |
