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MILESTONE MEDICAL - Milestone Medical Inc. Announces Distribution Agreement for Epidural Instrume ... - EBI

MILESTONE MEDICAL - Milestone Medical Inc. Announces Distribution Agreement for Epidural Instrument in Poland (12/2015)

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| | NEW CONNECT | | | | | | | | | | |
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| | | | | Raport EBI nr | 12 | / | 2015 | | | | |
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| | Data sporządzenia: | 2015-03-23 | | | | | | | | | |
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| | Milestone Medical Inc. Announces Distribution Agreement for Epidural Instrument in Poland | | | | | | | | | | |
| | Podstawa prawna | | | | | | | | | | |
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| | Treść raportu: | | | | | | | | | | |
| | The Board of Directors of Milestone Medical Inc. (WAR: MMD, the ?Company?) announces that today the Company received signed distribution agreement for its epidural instrument with TRIMED Sp.z.o.o, one of the largest distributors of diagnostic equipment in Poland. In its ten years of operations, TRIMED has built a broad product portfolio for use in gynecology, obstetrics, cardiology, radiology and other medical applications. Under the agreement, the Company granted to TRIMED exclusive rights for three years to distribute the CompuFloTM Epidural instrument in Poland, with the rights to renewal, subject to certain conditions being met. According to numbers provided by the Central Statistical Office in Poland, the addressable market includes over 8 million people suffering from chronic pain in Poland each year. Additionally, the Ministry of Health and the Polish National Health Fund are preparing legislation to allow the reimbursement of epidural anesthesia in natural childbirth. The Company believes that
TRIMED is an ideal distribution partner, as the principals have proven track records in launching new medical devices in Poland. Moreover, TRIMED brings a strong customer focus. Gaining access to such a sizeable market in Poland is an important step forward in the Company?s commercial launch in Europe. About TRIMED Sp. z.o.o TRIMED Sp. z.o.o. with offices in Krakow and Warsaw was founded in 2005. The company?s current product portfolio includes: ultrasounds, endoscopes, fetal monitoring and electrocardiograph technology. TRIMED is the exclusive distributor for several leading global producers of medical equipment. TRIMED fulfills the quality management principles of the ISO 9001:2008 standard that ensures a continual improvement and strong customer focus in the area of distribution, training and service capabilities. For more information please visit www.trimed.pl. Legal basis: Section 3.2 point 2) of the Exhibit 3 to the Alternative Trading System Rules ?Current and Periodical Information in the Alternative
Trading System on the NewConnect Market". | | | | | | | | | | |
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RAPORT BIEŻĄCY
MESSAGE (ENGLISH VERSION)
INFORMACJE O PODMIOCIE
PODPISY OSÓB REPREZENTUJĄCYCH SPÓŁKĘ

MESSAGE (ENGLISH VERSION)

RAPORT BIEŻĄCY
MESSAGE (ENGLISH VERSION)
INFORMACJE O PODMIOCIE
PODPISY OSÓB REPREZENTUJĄCYCH SPÓŁKĘ

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RAPORT BIEŻĄCY
MESSAGE (ENGLISH VERSION)
INFORMACJE O PODMIOCIE
PODPISY OSÓB REPREZENTUJĄCYCH SPÓŁKĘ

PODPISY OSÓB REPREZENTUJĄCYCH SPÓŁKĘ
Imię i Nazwisko Stanowisko/Funkcja Podpis Data
Joseph D'Agostino CFO

RAPORT BIEŻĄCY
MESSAGE (ENGLISH VERSION)
INFORMACJE O PODMIOCIE
PODPISY OSÓB REPREZENTUJĄCYCH SPÓŁKĘ

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