Alcide distribution announcement.REDMOND, Wash.--(BUSINESS WIRE)--Aug. 12, 1996--Alcide Corp. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :ALCD ALCD Association of Law Costs Draftsmen ALCD Analogue Libraries on Low-Cost CMOS Digital Process (ESPRIT Project 8030) ) today announced the continuation of a relationship with ABS Global Inc. as a preferred distributor of Alcide's udder udder: see mammary gland. care products in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . Joseph A. Sasenick, president and chief executive officer of Alcide commented that, "This will enable ABS to continue to represent Alcide on a preferred basis. Their independent rep organization will continue to capitalize on the profit opportunity for the udder care product line. This also provides an opportunity for Alcide to expand in lower developed areas and thereby increase market share." Sasenick also stated that, "Our goal has been to continue to reward those who have done a good job in the ABS rep organization and this enables us to do that, as well as to expand market share." As previously announced, inventory reduction will impact first quarter sales, which should be roughly $2 million, but is not expected to affect the continued double-digit top and bottom line growth for the total fiscal year. Dennis McCormick, acting chairman and president of ABS Global stated, "This is an excellent opportunity to continue to represent Alcide's product line, which is a plus for the ABS reps and an additional profit center for ABS. Alcide udder care products have proven to be the most efficacious available with unique benefits in the prevention of contagious, as well as environmental mastitis mastitis (măstī`tĭs), inflammation of the breast. Mastitis most commonly occurs in nursing mothers between the first and third weeks after childbirth, usually of the first child. . It's the kind of product line that we like to represent, and is compatible with our outstanding semen program." Alcide Corp. develops and markets unique biocidal bi·o·cid·al adj. Of or relating to an agent that is destructive to living organisms. biocidal (bī´ōsī´d products based on its patented technology. Alcide currently sells anti-infective products to the animal health market and disinfecting products to the medical and automotive industries. CONTACT: Alcide Corp., Redmond John Richards, 206/882-2555 |
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