Invacare
Corporation Expands Its Sleep Division Through Distribution Agreement
with AEIOMed, Inc.
ELYRIA, OH (August 2, 2006) – Invacare Corporation (NYSE:
IVC) announced today the signing of a multi-year distribution
agreement with AEIOMed, Inc. Invacare now has exclusive distribution
rights to AEIOMed's current and soon-to-be-released line of sleep-related
medical devices.
AEIOMed is a leader in customer-driven design, development and
production of medical devices for consumers with sleep disorders.
The company introduced several innovative sleep products, including
the first truly compact, completely integrated CPAP System. This
CPAP is recognized for its small size and portable battery module,
which makes it perfect for sleep patients that require the flexibility
and mobility associated with an active lifestyle. AEIOMed also
developed the very latest in patient interface design, which includes
a nasal pillow that provides a stable and unobtrusive interface
with nothing touching the patient's face except at the nares.
Both products now will be privately labeled and distributed by
Invacare.
“Invacare is rapidly adding to its sleep product line and
is on its way to becoming the third major player in the sleep
industry,” said Ann MacGregor, vice president and category
manager, Invacare Sleep Division. “We're doing this by building
our sleep infrastructure through people with a strong history
in the industry. Combining our current sleep lineup with AEIOMed's
experienced sleep team, Invacare will offer the best in clinical
technology and comfort through a full line of compliance driven
sleep products that providers and sleep labs should not miss.”
Invacare will begin to distribute AEIOMed products under private
label by September 1, 2006. These products will be on display
September 19-21 in Atlanta, Georgia at Medtrade ® 2006, the
home healthcare industry's largest trade show of the year.
“We are excited about this opportunity to partner with
the market leader in home and long-term care medical products,”
states Steve Bordewick, chief executive officer and founder of
AEIOMed. “This agreement gives AEIOMed access to Invacare's
roster of over 100 direct sales reps and it gives Invacare access
to AEIOMed's integrated CPAP system and experienced management
team. We will both be strengthened through this agreement and
expect it to be a wonderful combination for the companies –
and our customers.”
AEIOMed, Inc., headquartered in Minneapolis, Minnesota, integrates
technology, the input from customers, and the creativity of its
employees, to provide innovative, quality products that improve
the lives of people with sleep disorders. For more information
about the company and its products, visit AEIOMed's website at
www.aeiomed.com .
Invacare Corporation (NYSE: IVC), headquartered in Elyria, Ohio,
is the global leader in the manufacture and distribution of innovative
home and long-term care medical products that promote recovery
and active lifestyles. The company has 6,100 associates and markets
its products in 80 countries around the world. For more information
about the company and its products, visit Invacare's website at
www.invacare.com .
CPAP Supplies http://www.cpapplus.com
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