Cantel Medical's Mar Cor Purification Subsidiary to Acquire Dialysis Services, Inc....Extending its Water Purification  It has been suggested that , , and be merged into this article or section. Reach into the Tennessee Valley The Tennessee Valley is the drainage basin of the Tennessee River and is largely within the U.S. state of Tennessee. It stretches from southwest Kentucky to northwest Georgia and from northeast Mississippi to the mountains of Virginia and North Carolina.
LITTLE FALLS Little Falls is the name of some places in the United States of America:
See: New York Stock Exchange :CMN CMN Common CMN Children's Miracle Network (since 1983; Salt Lake City, Utah) CMN Certificate of Medical Necessity CMN Canadian Museum of Nature CMN Community Mapping Network CMN Common Information ), through its Mar Cor Purification subsidiary, is further expanding its water purification and filtration business and has entered into an agreement to purchase the water-related assets of Dialysis Services, Inc. (DSI (Dynamic Systems Initiative) An umbrella term for a suite of Microsoft products that help manage the Windows environment in large enterprises. DSI was introduced in 2003. ). DSI, based in Springfield, Tennessee Springfield is a city in Robertson County, Tennessee, United States. The population was 14,329 at the 2000 census. It is the county seat of Robertson CountyGR6. , designs, installs and services high quality water and bicarbonate systems for use in dialysis clinics, hospitals and university settings. The business being acquired has pre-acquisition revenues of approximately $1.2 million, and the transaction is scheduled to close on August 1, 2007. Curt Weitnauer, President of Mar Cor Purification, stated, "The combination of DSI's strong brand name and regional presence, combined with Mar Cor's existing Tennessee-based business, creates a stronger sales and service presence to better serve our customers. Through this acquisition, we will be adding an outstanding team and base of business in a highly desirable region - one with great concentration of dialysis clinics and healthcare institutions. We anticipate achieving service efficiencies and leveraging Mar Cor's manufacturing, resin regeneration and parts businesses." Cantel's President & CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , R. Scott Jones, added, "Building atop our recent acquisition of GE Water & Process Technologies' dialysis water business, we are implementing our strategy to further build out our service network into key geographic areas. The opportunity to achieve both top and bottom line synergies will serve well in strengthening our water purification and filtration business." Mar Cor Purification will be retaining the key sales and service team of DSI, including its COO, Michael Sterling, and VP of Operations, Robert Castles, each of whom will enter into employment agreements with Mar Cor Purification. DSI will be discontinuing local manufacturing. About Dialysis Services, Inc. Dialysis Services, Inc., founded in 1996 and based in Springfield, TN, designs high purity water and bicarbonate systems, conducts installation and testing, performs maintenance, and provides a full complement of equipment services. The Company has developed a reputation of providing high quality service to prominent healthcare customers with time-sensitive and critical patient needs. For further information, visit the Dialysis Services website at http://www.dialysis-services.com. About Mar Cor Purification A division of Cantel Medical Corp., Mar Cor Purification is dedicated to providing innovative solutions through filtration, water, and disinfection disinfection, n the process of destroying pathogenic organisms or rendering them inert. disinfection, full oral cavity, n a procedure used to reduce active periodontal disease, usually completed within a certain short time frame. technologies to the medical, life science and industrial marketplace. Mar Cor Purification has service offices in 17 cities in the US and Canada, with 6 resin regeneration plants strategically located in Atlanta, Boston, Chicago, Philadelphia, Montreal and Toronto. For more information, visit the Mar Cor website at www.mcpur.com. This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and 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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