SOURCE: InfuSystem Holdings, Inc.

InfuSystem Holdings, Inc.

September 21, 2010 10:01 ET

InfuSystem Holdings Announces Filing of Registration Statement for Secondary Offering by Kimberly-Clark

MADISON HEIGHTS, MI--(Marketwire - September 21, 2010) -  InfuSystem Holdings, Inc. (OTCBB: INHI) (OTCBB: INHIW) (OTCBB: INHIU), the leading provider of infusion pumps and associated clinical services, is pleased to announce today that it has filed a registration statement for an underwritten public offering of 2,789,203 shares of its common stock by certain wholly-owned subsidiaries of Kimberly-Clark Corporation. InfuSystem will not issue any new shares in the offering and will not receive any proceeds from the offering.

"While we are appreciative to have Kimberly-Clark as a partner and shareholder, we don't believe that their stake in InfuSystem is strategic to their long-term goals. They became InfuSystem shareholders through the acquisition of I-Flow late last year. Kimberly-Clark's 2.8 million shares represent their entire holdings and approximately 14% of InfuSystem's outstanding shares. We are confident this transaction will provide additional liquidity to our shareholders. In addition, the new shareholders we attract with this offering will expand and further diversify our shareholder base, which are important elements towards meeting our goal to shortly obtain listing on a national securities exchange," said Sean McDevitt, Chairman and CEO of InfuSystem.

Roth Capital Partners will act as the sole book-running manager and underwriter for the offering. A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. An electronic version of the prospectus can be obtained on the SEC's website at www.sec.gov.

This announcement does not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any jurisdiction in which the offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of that jurisdiction.

About InfuSystem Holdings, Inc.
InfuSystem is the leading supplier of infusion services to oncologists and other outpatient treatment settings. The Company provides pole mounted and ambulatory pumps, supplies and related clinical, biomedical and billing services to practices and patients, nationwide. The Company's unique suite of services appeals to practices, patients and payors by improving access to clinically necessary medical equipment, while driving down costs and maximizing clinical outcomes.

Contact Information

  • Sean Whelan
    CFO
    InfuSystem
    (248) 291-1210

    Investor Contacts:
    Asher Dewhurst
    Bob East
    Westwicke Partners
    Email Contact
    Tel: (443) 213-0500