Cantel Medical's Crosstex Subsidiary Acquires the Twist(TM) Prophy Angle....Enhancing its Infection Control Position in Dentistry LITTLE FALLS, N.J. -- CANTEL MEDICAL CORP., through its Crosstex International subsidiary, has further expanded its dental infection prevention and control business by purchasing the assets of Twist 2 It Inc. Twist 2 It, based in Woodside, New York, designs, markets and sells a unique, patented, disposable prophy angle for the cleaning and polishing of teeth, that eliminates the splatter of saliva, blood and other potential infectious matter. The business being acquired has pre-acquisition annual revenues of approximately $1.3 million. According to Andrew Whitehead, Vice President of Sales and Marketing at Crosstex, "The Twist is an ideal addition to our Crosstex brand -- innovative, high-quality, disposable and manufactured in the USA. The popular Twist prophy angle will be sold exclusively through Crosstex' network of distributors, complementing the full line of Crosstex' new Patient's Choice[TM] products that include prophy pastes, fluoride gels, foams and trays, as well as topical anesthetics." Due to the novel 90o reciprocating motion, the Twist aids dentists, hygienists and veterinarians in not only eliminating oral splatter, but also improving patient safety and comfort by avoiding frictional heat. About Twist 2 It Inc. Twist 2 It Inc., based in Woodside, New York, designs, markets and sells, globally, the Twist disposable prophy angle. The Company has a reputation of providing high quality, innovative solutions to enhance the chair-side experience for both patients and healthcare professionals, while creating a safer environment to reduce the risk of infection. For further information, visit the Twist 2 It website at http://www.twist2it.com. About Crosstex International A division of Cantel Medical Corp., Crosstex, founded in 1953, has its headquarters and major manufacturing operations in Hauppauge, New York. Sold throughout the world, Crosstex branded and private label products include patient towels and bibs, sterilization pouches and accessories, face masks, eyewear, disinfectants and deodorizers, germicidal wipes, hand care products, gloves, sponges, cotton products, needles and syringes, scalpels and blades, containers, saliva evacuators and ejectors. For further information, visit the Crosstex website at http://www.crosstex.com. This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve a number of risks and uncertainties, including, without limitation, the risks detailed in Cantel's filings and reports with the Securities and Exchange Commission. Such forward-looking statements are only predictions, and actual events or results may differ materially from those projected or anticipated. |
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