MedClean Technologies Signs Distribution Agreement With Verde Enterprises LLC
Enables Verde Enterprises LLC to Provide Integrated Medical Waste Disposal and Document /Destruction Service to Current Municipal Waste Health Care Customers in New York and New Jersey
BETHEL, Conn., April 15 /PRNewswire-FirstCall/ -- MedClean Technologies (OTC Bulletin Board: MCLN), the leading provider of on-site technology for the treatment and disposal of medical waste and the destruction of confidential documents and related media, today announced it had signed a distribution agreement with Verde Enterprises LLC, a partnership consisting of a premier provider of municipal solid waste services in New York and New Jersey and one of the region's largest electrical companies. The agreement enables Verde Enterprises LLC to provide on-site integrated medical waste disposal and document destruction technology and services to its affiliated companies' current municipal waste health care customers in New York and New Jersey. The agreement is structured so that both companies can collaborate to address the needs of approximately 250 large-quantity medical waste generators in this fertile territory and is expected to yield a minimum of $1 million to $2 million in new business for each company in the first year of the partnership while accelerating toward more than 10 percent market penetration in this market segment in future years of the relationship.
"Verde Enterprises LLC can now offer medical waste disposal and document destruction technology and services to their hospital clients with a MedClean System that complements its parent companies current municipal solid waste business," commented Dave Laky, President and CEO, MedClean Technologies, Inc. "This alliance further validates the capability of MedClean's on-demand, on-site container technology to offer superior cost savings, risk mitigation and superior quality to the health care community when compared to traditional offsite hauling solutions. In addition, this agreement adds to our growing distribution network of established organizations positioned to strategically re-sell our proven solutions to their installed customer bases."
Tobi Petrocelli, President and CEO of Verde Enterprises LLC commented, "Through our affiliated companies, we provide an extensive hospital network in New York and New Jersey with municipal waste removal services. With this alliance we can now provide those clients with cost-effective, high-quality one-stop-shop medical waste disposal and HIPAA document destruction technology and services." The addition of the MedClean technology to those current services enables our clients to lower costs, enhance their green profile, and address medical waste on-site as it is being created at their facilities. This capability will provide our customers significant utility while enhancing our business profile."
About Verde Enterprises LLC
Verde Enterprises LLC is a fully integrated green solutions company dedicated to the waste removal industry. The eco innovations of Verde define itself by the highest standards of business practices, client relationships, communications, and environmental accountability; standing as a premier vendor for waste service providers in the US. The paradigm for sustainability includes efficient infrastructure, accurate information management and continual maintenance programs. When all three work together, Verde reduces the carbon footprint, improves environmental quality and maximize efficiencies. Establishing cost-effective waste management practices, Verde is dedicated to ensure security, compliance and simplicity for processing waste. Verde provides full collection, transfer, treatment and processing of medical waste in the major markets, providing peace of mind, and controlled expenses for customers.
Verde is your "one-stop-shop" and can provide you, based on your needs, with medical waste/bio-medical waste removal services, hazardous pharmaceutical programs, supplies, and training. Verde is large enough to provide great service at a great value and at the same time small enough to provide the personalized service customers want.
About MedClean Technologies, Inc.
MedClean Technologies, Inc. is a provider of innovative technology and services for the on-site 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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