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FINANCIALS
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![]() ![]() MEDLINE INDUSTRIES SIGNS THREE YEAR GPO AGREEMENT WITH AMERINET
FOR SALE OF BOVIE MEDICAL ELECTROSURGICAL GENERATORS AND ACCESSORIES Medline is one of the world’s largest distributors of hospital supplies and has exclusive distribution rights to Bovie branded generators in the United States. The Medline Industries/Bovie Medical agreement replaces a previous contract holder that generated multi-million in sales of supplies and equipment over the 3 year contract term to Amerinet member hospitals. Andrew Makrides, CEO of Bovie Medical Corp., commented, "This agreement is significant to Bovie for it gives Amerinet network members access to some of the most advanced electrosurgical technology in the marketplace." About Medline Industries: Medline, the nation's largest privately held manufacturer and distributor of healthcare products, manufactures and distributes more than 100,000 products to hospitals, extended care facilities, surgery centers, home care dealers and agencies and other markets. Headquartered in Mundelein, IL, Medline has more than 800 dedicated sales representatives nationwide to support its broad product line and cost management services. Over the past five years, Medline has been the fastest growing distributor of medical and surgical supplies in the U.S., serving as the primary distributor to over 250 major hospitals and health care systems. As a leading distributor, Medline offers a comprehensive array of consulting and management services encompassing the supply chain and logistics, utilization and standardization, business tools and enhanced reporting capabilities, and on-staff clinicians. www.medline.com About Amerinet: As a leading national healthcare group purchasing organization, Amerinet strategically partners with acute and alternate care providers to reduce costs and improve quality through its performance solutions. Built on a foundation of data, savings and trust, and supported by a team of clinical and supply chain experts, Amerinet enriches healthcare delivery for its members and the communities they serve. www.amerinet-gpo.com For further information about the Company’s current and new products, please refer to the Investor Relations section of Bovie’s website www.boviemedical.com. This document may contain some forward looking statements, particularly regarding operational prospects in 2009 and beyond, which involve a number of risks and uncertainties that could cause actual results to differ materially. These risks are listed from time to time in the Company’s SEC filings.
Contact Information
Investor Relations: John Aneralla Buttonwood Advisory Group, Inc. Phone (800) 940-9087 |
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