Criticare Systems, Inc. to Become the Direct Customer Contact for Alaris -Cardinal Health- Vital Check Monitoring Products
June 13 2005 - 3:52PM
Business Wire
Criticare Systems, Inc. (AMEX:CMD) today announced that as of
September 1, 2005, the company will become the direct point of
contact for the entire customer base of Alaris Vital Check(R)
monitors. Cardinal Health, Alaris products, has formally notified
their monitoring customers of this pending change. The installed
base exceeds 1000 locations with a monitor population in excess of
20,000 units worldwide. Criticare manufactured and has serviced
these products through the Alaris organization for the past seven
years. The addition of this direct customer base opens a
significant opportunity for Criticare. To prepare for the
transition, a sales team exclusive to these accounts has been added
to the Criticare sales network. It is being lead by a seasoned
sales executive brought into the company earlier this year. While
the formal transition date is September 1, 2005, Criticare will
begin support of the customer base as of July 1, 2005. Criticare
(www.csiusa.com) designs, manufactures, and markets cost-effective
patient monitoring systems and noninvasive sensors for a wide range
of hospitals and alternate health care environments throughout the
world. This press release contains forward-looking statements. Such
statements refer to the Company's beliefs and expectations.
Forward-looking statements are subject to certain risks and
uncertainties that could cause actual results to differ materially
from those described. Such uncertainties include, but are not
limited to, the timely completion of new products, regulatory
approvals for new products, the risk of new and better
technologies, risks relating to international markets, as well as
general conditions and competition in the company's markets. Other
risks are set forth in Criticare's reports and documents filed from
time to time with the Securities and Exchange Commission.
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