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Press Releases
Delphi Medical Expands Global Distribution Network for the IVantage Infusion Pump
Release Date: December 07, 2005
TROY, Mich. -- Delphi Medical Systems, a subsidiary of Delphi Corp., signed an exclusive agreement with Alliance Medical, Incorporated, to distribute Delphi IVantage™ infusion pumps, accessories and disposables in the United States. "This distribution agreement complements our earlier agreement with Fresenius Kabi in Europe and Asia Pacific, and other agreements in Central and South America, for the IVantage infusion pump - now totaling more than $100 million in bookings," said Christophe Sevrain, managing director, Delphi Medical Systems. "We are very pleased to work with Alliance's top-notch distribution team." Delphi's IVantage will bear both the Delphi Medical Systems logo and the Alliance Medical 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 at home or at 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's IVantage fits nicely into our distribution portfolio and is very timely given the situation in this market," said Chief Operating Officer Garrett Brown, Alliance Medical, Inc. "IVantage is the most versatile ambulatory pump on the market today. With the cost advantage, ease of use and safety at the base of the technology, we know as a distributor that we will see great and rapid market penetration with this product. We, at Alliance Medical Inc. are dedicated to providing our customers with the best medical devices to serve patient needs. "Delphi Medical Systems also manufactures respiratory care devices, dialysis machines, vision-testing equipment, vital signs monitoring devices, in-vitro diagnostics, 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 Alliance Medical means our IVantage infusion pump will now be distributed throughout the most of the world, underlining our global reach," explained Sevrain. About Delphi Medical Systems For more information on Alliance Medical Inc., visit its website at http://www.alliancemedical.org. FORWARD-LOOKING STATEMENT Similarly, these and other factors, including the terms of any reorganization plan ultimately confirmed, can affect the value of the Company's various pre-petition liabilities, common stock and/or other equity securities. No assurance can be given as to what values, if any, will be ascribed in the bankruptcy proceedings to each of these constituencies. Accordingly, the Company urges that the appropriate caution be exercised with respect to existing and future investments in any of these liabilities and/or securities. |