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Press Releases
Delphi Medical Systems Deepens its Respiratory Care Market Penetration
Release Date: June 21, 2005
TROY, Mich. -- Delphi Medical Systems, a subsidiary of Delphi Corp. (NYSE: DPH), has already booked contracts totaling more than $200 million in 2005 alone to develop and manufacture breakthrough respiratory care devices. Similar to the approach that made Delphi a leader in the extremely competitive automotive industry, the model used by Delphi Medical Systems is to provide customized products and technologies to OEMs and other distribution channels within a market that can leverage its technology portfolio. "We are able to pull together very unique product concepts by combining Delphi's robust research and development expertise and technologies with technologies that we obtained through strategic alliances," said Christophe Sevrain, managing director of Delphi Medical Systems. "Our work with OEMs in this market segment, as well as our recent licensing agreement and acquisitions, allow us to rapidly offer custom products/ technology options in oxygen therapy and sleep disorder management in record time by leveraging Delphi's product development expertise and Intellectual Property portfolio. For example, products under development will benefit from a variety of new technologies that made possible an elegant design, which maintains competitive prices while increasing patient comfort, treatment efficacy, patient safety, ease-of-use in the home, connectivity, performance, and reliability. These new oxygen therapy, and sleep disorder management devices will generally be co-branded, bearing both Delphi Medical Systems' and our distributors' logos in the United States and abroad. "We continue to see that the successful mix of Delphi's competencies in R&D and manufacturing and the latest clinical findings provide the ideal foundation for creating better products for patients and more economic and easier-to-use tools for health care providers," Sevrain said. About Delphi Medical Systems For more information on Delphi Medical Systems, please visit www.delphimedical.com. FORWARD-LOOKING STATEMENT |