DiaSys and VWR International Sign an Exclusive Two-Year Sales and Service Agreement for Canada.Business Editors & Health/Medical Writers WATERBURY, Conn.--(BUSINESS WIRE)--Jan. 13, 2003 DiaSys Corporation (AMEX AMEX See: American Stock Exchange :DYX DYX Dyslexia ), a global healthcare products company, today announced that it has entered into an exclusive two-year sales and service agreement with VWR International VWR International is a global leader in the distribution of research laboratory products, with over 1,200,000 items to more than 250,000 customers in North America and Europe. The U.S. division is headquartered in West Chester, Pennsylvania. Ltd., one of Canada's largest providers of healthcare products. Under the agreement, VWR International will promote, sell and service several DiaSys product lines in Canada, including the DiaSys "FE" series workstations used to analyze human body fluids for parasites, the DiaSys Parasep system of single-use containers for collection, filter and analysis of parasites in human body fluids, and the DiaSys Urisep single-use tubes to collect and concentrate human proteins. Brian Kerslake, Senior Marketing Manager of VWR VWR Van Waters and Rogers VWR Viewer File said: "We are extremely pleased to add products from DiaSys Corporation into our product portfolio, and be able to offer these market leading products to the Canadian clinical diagnostic customer." Richard Sledziona, DiaSys' Director of Strategic Markets said: "We are delighted to welcome VWR International Ltd. to our expanding team of international distributors. We have spent years building a distribution network of the highest quality and broadest base. VWR clearly fits this criteria." Mr. Sledziona further said that the Company and VWR have commenced distribution operations, starting with sales and service training seminars in Toronto and Montreal." About VWR: VWR International is a global leader in laboratory product distribution serving the industrial, pharmaceutical, educational, clinical and governmental markets. The VWR International Group is headquartered in West Chester, Pennsylvania The Borough of West Chester is the county seat of Chester County, Pennsylvania.GR6 Philadelphia is 25 miles to the east and Wilmington 17 miles to the south. , and generates annual sales of US $2.5 billion. VWR International affiliates operate in 18 countries and employ more than 6,000 people. VWR's mission is to deliver excellence in the distribution of scientific supplies. For more information on VWR International, visit www.vwr.com. About DiaSys: DiaSys Corporation designs, develops, manufactures and distributes proprietary medical laboratory equipment, consumables and test kits to healthcare laboratories worldwide. Headquartered in Waterbury, CT, the Company operates in Europe through its wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. based in Wokingham, England and in Pacific Asia through its strategic business partner located in Guangzhou, China. "DiaSys" "Parasep" and "Urisep" are registered trademarks of DiaSys Corporation. The foregoing press release includes "forward looking statements" within the meaning of, and made pursuant to, the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions 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. Such forward looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements of the Company or events, or timing of events, relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the Company to materially differ from those expressed or implied by such forward looking statements. DiaSys refers interested parties to its most recent Annual Report on form 10-KSB and other SEC filings for a complete description of, and discussions about, the Company. |
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