CORPAK MedSystems Awarded Feeding Tubes and Devices Agreement With the Premier Healthcare Alliance

BUFFALO GROVE, IL--(Marketwire - Dec 21, 2011) - CORPAK MedSystems announced today that it has been awarded a 36-month group purchasing agreement with the Premier healthcare alliance for its Feeding Tubes and Devices product category. Effective February 1^st, 2012, this new agreement allows Premier members, at their discretion, to take advantage of special pricing and terms pre-negotiated by Premier. This agreement serves members in both the acute care and alternate site health care segments and replaces Premier's current agreement with CORPAK MedSystems.

"We look forward to continuing to bring our leading edge products to the Premier membership through this agreement," said Richard Eagle, Vice President Global Sales and Marketing for CORPAK MedSystems. "We are able to deliver value to the membership by providing technology that reduces procedural costs while improving efficiency."

Innovative CORPAK products available to Premier members through this agreement include the CORTRAK® Enteral Access System which was a Premier Innovation Award Winner in 2010 as well as CORPAK's broad line of CORFLO® nasogastric feeding tubes. The CORFLO Neonatal Anti-IV® Enteral Feeding System, Farrell® Valve Gastric Decompression System and a wide range of enteral feeding devices are also offered.

About the Premier healthcare alliance, Malcolm Baldrige National Quality Award recipient

Premier is a performance improvement alliance of more than 2,500 U.S. hospitals and 80,000-plus other healthcare sites using the power of collaboration to lead the transformation to high quality, cost-effective care. Owned by hospitals, health systems and other providers, Premier maintains the nation's most comprehensive repository of clinical, financial and outcomes information and operates a leading healthcare purchasing network. A world leader in helping deliver measurable improvements in care, Premier has worked with the Centers for Medicare & Medicaid Services and the United Kingdom's National Health Service North West to improve hospital performance. Headquartered in Charlotte, N.C., Premier also has an office in Washington. http://www.premierinc.com. Stay connected with Premier on Facebook, Twitter and YouTube.

About CORPAK MedSystems

CORPAK MedSystems, founded in 1979, manufactures and markets enteral/vascular access devices used primarily in the acute care setting of hospitals and surgery centers. Products are sold worldwide through a combination of exclusive distributors and a direct sales force. CORPAK manufactures a complete range of leading-edge enteral access devices, including the CORTRAK Enteral Access System, a device that "tracks" the feeding tube during the bedside placement procedure obviating the need for confirmatory x-rays. For more information on how CORPAK's products benefit both patients and clinicians, please visit www.corpakmedsystems.com.