MedClean Technologies Signs Contract with Gamma HealthCare Inc./Danner Medical Waste for MedClean 4500 Fixed-Based System, Services, and Consumables
Enables Gamma HealthCare Inc. to Expand Integrated Medical Waste Disposal and Document Destruction Service to Complement Services Provided to Current Health Care Clients in the Midwest Region
BETHEL, Conn., Nov. 11, 2010 /PRNewswire/ -- MedClean Technologies (OTC Bulletin Board: MCLN), the leading provider of onsite technology for the treatment and disposal of medical waste and the destruction of confidential documents and related media, today announced it has signed an agreement with Gamma HealthCare, Inc./Danner Medical Waste Management Services, for the purchase of a MedClean 4500 fixed-based sterilization system.
The agreement includes the purchase of the equipment plus additional recurring consumable orders for the life of the equipment, estimated over 10 years. Gamma HealthCare will expand its operations to include a centralized waste sterilization processing center within their seven state Midwest region.
"The continued strengthening of MedClean's relationship with Gamma HealthCare further validates our approach to building a nationwide network of quality partners who provide high quality services at lower costs to the hospital market," commented David Laky, President and CEO of MedClean Technologies, Inc. "This agreement represents our second system sale to a distributor partner where the focal point of the agreement is developing a long-term working relationship through expansion of both companies' businesses. This positive milestone demonstrates that we are executing our business plan and remain focused on key growth objectives for the company. The MC 4500 can process over one million pounds of medical waste annually. It is exciting for us to contribute toward Gamma HealthCare's goal of processing medical waste, expanding the Danner Medical Waste Management Services line of business, and assisting them with future expansion of their operations throughout the Midwest region. We look forward to continuing to develop other portions of the region as a partner to Gamma HealthCare."
Mr. Laky continued, "This national network of distributors we have created in the first three quarters of 2010 will be a differentiator for MedClean and our partners as we move into 2011. We plan to share more information with the market throughout the rest of 2010 through press releases and additions to our website as well as Q&A postings in our blog area. Gamma HealthCare has been a phenomenal partner and it is fitting that this announcement is the springboard for laying out the Company's go forward strategy."
"The deployment of this state-of-the-art MedClean 4500 system enables us to reduce operating costs while better serving Danner customers in the region," commented Jerrod Murphy, President & COO at Gamma HealthCare. "We are actively working to expand the Danner line of business and with the acquisition of this technology we expect to be operational in the near future with our own regional processing center, strengthening our presence in the area. We continue to extend our reach throughout the Midwest and partnering with MedClean gives us a competitive advantage over more costly solutions."
About Gamma HealthCare, Inc.
Gamma HealthCare, Inc. is a group of medical testing facilities headquartered at Poplar Bluff, MO. Gamma has 11 different offices that are located within 7 states. Gamma started as an independent laboratory in 1981 and now services most of the Midwest. Our mission is to be the healthcare provider dedicated to not only providing quality patient care, but also to establish clinical excellence and safety throughout the healthcare industry.
What makes Gamma the leader in the industry is an unrelenting commitment to customer service. Our goal is to provide timely, accurate results, with unsurpassed quality. Gamma HealthCare is not only meeting today's challenges of healthcare requirements, but always is looking toward meeting and exceeding the challenges for years to come.
About Danner Medical Waste Management Services
Danner Medical is a wholly owned subsidiary of Gamma Healthcare, Inc. Danner has been a medical waste transporter since 1990 and is now serving Missouri, Arkansas, Illinois, Mississippi, Tennessee, Indiana, and Oklahoma. Danner Medical has always been a customer service first business with a full range of supplies, sharps containers, pickup schedules, offering OSHA compliance equipment with competitive pricing.
About MedClean Technologies, Inc.
MedClean Technologies, Inc. is a provider of innovative technology and services for the onsite treatment and disposal of regulated medical waste. MedClean's flagship MedClean® Series systems are fully integrated, turnkey technology solutions that enable hospitals and other healthcare providers to safely, efficiently, and cost-effectively convert bio-hazardous regulated medical waste into sterile, unrecognizable material suitable for disposal as municipal solid waste. MedClean was founded in 1997 with corporate headquarters, research and development and distribution facilities located in Bethel, Connecticut. Further, information on MedClean can be found at www.medcleantechnologies.com and in filings with the Securities and Exchange Commission found at www.sec.gov.
Statements about our future expectations are "forward-looking statements" within the meaning of applicable Federal Securities Laws, and are not guarantees of future performance. When used herein, the words "may," "will," "should," "anticipate," "believe," "appear," "intend," "plan," "expect," "estimate," "approximate," "potential" and similar expressions are intended to identify such forward-looking statements. These statements involve risks and uncertainties inherent in our business, including those set forth in our most recent Annual Report on Form 10-K for the year ended December 31, 2009, filed with the SEC on March 3, 2010, and other filings with the SEC, and are subject to change at any time. Our actual results could differ materially from these forward-looking statements. We undertake no obligation to update publicly any forward-looking statement.
Contact: |
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Cameron Donahue |
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Hayden IR |
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651-653-1854 |
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SOURCE MedClean Technologies, Inc.
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