Cantel Medical Acquires Strong Dental Products, Inc.Building on its Healthcare Disposables Segment... LITTLE FALLS, N.J. -- CANTEL MEDICAL CORP. (NYSE NYSE 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 ) has expanded its Healthcare Disposables segment by acquiring privately-held Strong Dental Products, Inc. Strong Dental Products is the pioneering designer and marketer of comfort cushioning and infection control covers for x-ray film and digital x-ray sensors. The business being acquired has pre-acquisition annual revenues of approximately $1 million. According to R. Scott Jones, Cantel Medical'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. , "In adding truly novel, branded products that improve the x-ray experience for dental practitioners and their patients, Strong Dental serves as an excellent fit to our strategy of leveraging the sales and marketing capabilities of our Crosstex platform." Andrew G. Whitehead, Vice President of Sales and Marketing at Crosstex, added, "These unique all-in-one comfort and protection products for both dental film and digital x-rays give us a foothold in the burgeoning radiography marketplace. By adding the inventor and now resident dental hygienist, Vonda S. Manley, RDH RDH abbr. Registered Dental Hygienist RDH, n an abbreviation for registered dental hygienist. , MS, to the Crosstex team, we will be poised to develop an even broader array of innovative products to complement our new Patient's Choice(TM) product line, which now includes our recent acquisition of the patented Twist([R]) prophy angle." About Strong Dental Products, Inc. Strong Dental Products, founded in 1986 and based in Corona, CA, designs, markets and sells a complete range of dental x-ray comfort cushions and protection devices. With the goal of improving the x-ray experience for both patients and dental professionals, Strong Dental started with a solution for traditional film and phosphor A rare earth material used to coat the inside face of a CRT. When struck by an electron beam, the phosphor emits a visible light for a few milliseconds. In color displays, red, green and blue phosphor dots are grouped as a cluster. See screen burn. plates (Edge-Ease([R])), and expanded into a series of patent-protected "all-in-one" comfort cushion, barrier sleeve and positioning aids for the digital radiography environment (Wrap-Ease[TM], Sensor Slippers[TM], BiteWing-Ease[TM] and Slip-Ease[TM]). The company's products are sold by all major dental products distributors and are currently in use around the world. For further information, visit the Strong Dental website at http://www.strongdentalproducts.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 Hauppauge (pronounced /hɔpɔg/) is a hamlet in the Town of Islip and the Town of Smithtown in Suffolk County, New York, United States. . 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 germicidal /ger·mi·ci·dal/ (jer?mi-si´d'l) antimicrobial (1). germicidal destructive to pathogenic microorganisms. 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. About Cantel Medical Corp. Cantel Medical Corp. (NYSE:CMN) is a leading provider of infection prevention and control products in the healthcare market. Cantel's products include specialized medical device reprocessing Reprocessing may refer to:
Examination of the body's interior through an instrument inserted into a natural opening or an incision, usually as an outpatient procedure. Endoscopes include the upper gastrointestinal endoscope (for the esophagus, stomach, and duodenum), the colonoscope (for the , dialysate dialysate /di·al·y·sate/ (di-al´i-sat) the fluid and solutes in a dialysis process that flow through the dialyzer, do not pass through the membrane, and are discarded along with removed toxic substances after leaving the dialyzer. concentrates and other dialysis supplies, disposable infection control products primarily for the dental industry, water purification equipment, sterilants, disinfectants and cleaners, hollow fiber membrane filtration and separation products for medical and non-medical applications, and specialty packaging for infectious and biological specimens. Cantel also provides technical maintenance for its products and offers compliance training services for the transport of infectious and biological specimens. For further information, visit the Cantel website at http://www.cantelmedical.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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