Progressive Medical Systems becomes exclusive distributor for Delphi Medical Systems for the IV Expres product of Debiotech
(February 10, 2005)
Delphi Medical Adds to its Global Distribution Network for its IVantage Infusion Pump
Thursday February 10, 7:55 am ET
TROY, Mich., Feb. 10 /PRNewswire/ -- Delphi Medical Systems,
a subsidiary of Delphi Corp. (NYSE: DPH - News), signed an exclusive distribution agreement
for the United States for its IVantage infusion pumps, accessories and disposables with
Progressive Medical, Incorporated.
"This distribution agreement complements our recently
announced agreement with Fresenius Kabi in Europe and Asia Pacific for the IVantage
infusion pump. Together, the agreements add up to $80 million in booked sales," said
Christophe Sevrain, managing director of Delphi Medical Systems. "We are very pleased
to work with Progressive's top-notch distribution team."
Delphi Medical and Progressive will feature the IVantage
and its accessories at the National Home Infusion Association 14th Annual Conference in
New Orleans, February 10 through 13.
Delphi's IVantage will bear the Delphi Medical Systems logo.
Miniature and accurate, the dual battery-operated and AC-powered portable pump is lightweight
and small enough to be hand-held, making it ideal for use in homecare and alternate sites.
The pump is designed so it can be easily clipped onto
various accessories, such as IV poles and wheelchairs. It includes a shoulder strap and
belt-clip for increased mobility, and could play an important role in hospitals, where it
could be utilized for mobile in-patient care.
"Distributing Delphi Medical's IVantage fits nicely into
our distribution portfolio," said Mark Martin, president and CEO, Progressive Medical,
Incorporated. "IVantage is the most versatile ambulatory pump on the market today. With the
cost effective factor, simplicity of use and safety at the base of the technology, we know as
a sales team we will see great success with this pump. We, at Progressive Medical, Inc. are
dedicated to providing our customers with superior, cost effective products that will ultimately
affect the quality of care the patient receives within the health care market."
Delphi Medical Systems also manufactures respiratory care
devices, dialysis machines, vision-testing equipment, vital signs monitoring devices, and
other medical devices. Delphi Medical Systems focuses on supplying OEMs and distributors the
latest product technology as well as integrated solutions in medical devices.
"The distribution agreement with Progressive Medical means
our IVantage infusion pump will now be distributed throughout most of the world, underlining
our global reach," Sevrain said.
About Progressive Medical, Incorporated
Founded in 1986, Progressive Medical, Incorporated is a
nationally recognized specialty distributor. The home office is in St. Louis, MO. The Company's
sales and management team of 70+ representatives represents a blend of highly motivated and
clinically prepared professionals, all with extensive sales and product knowledge.
The combination of clinical expertise and performance excellence has provided the foundation
on which Progressive Medical, Inc.'s success is established.
For more information on Progressive Medical, Incorporated,
please visit www.progressivemedinc.com
About Delphi Medical Systems
Delphi Medical Systems is a world-class provider of
technology, products, and product development and manufacturing for Dialysis, Infusion,
Respiratory Care, Vital Signs Monitoring and Power Mobility. Its capabilities stem from
Delphi's vast technology base, product development expertise and manufacturing excellence.
For more information on Delphi Medical Systems, please
visit its website at: www.delphimedical.com
Avenue de Sevelin, 28
CH-1004 Lausanne, Switzerland