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OWENS & MINOR ANNOUNCES MAJOR NATIONAL SUPPLY AGREEMENT

 RICHMOND, Va., June 8 /PRNewswire/ -- Owens & Minor, Inc. (NYSE: OMI), the nation's second largest hospital supply distributor, announced today that it has been chosen by Premier Hospitals Alliance, Inc., as a distributor to service the medical-surgical supply and distribution needs of its member hospitals. The agreement, which begins Aug. 1, is for five years and features the option of conventional and just-in-time distribution as well as asset management services from Owens & Minor's distribution centers to Premier Hospitals across the country.
 Premier Hospitals Alliance, Inc., based in Westchester, Ill., is a cooperative owned by 50 preeminent teaching and research hospitals and hospital systems located in 42 cities nationwide. Premier also represents approximately 100 affiliated community and specialty hospitals including children's and eye and ear hospitals for a total of more than 50,000 hospital beds across the country. Premier identifies and develops programs that strengthen the competitive advantage of each hospital and system, thereby better enabling its pursuit of excellence in medical care, community service, education and research. Premier helps its hospitals reduce costs, increase revenues and market share and network and share information.
 Owens & Minor is a wholesale distributor of medical and surgical supplies, pharmaceuticals and other related products to hospitals and medical care facilities. The company presently has 32 distribution centers serving 40 states and the District of Columbia. It plans to open a new distribution center in Boston in the third quarter of this year.
 -0- 6/8/93
 /CONTACT: Glenn J. Dozier, senior vice president, finance & information systems, and chief financial officer, 804-965-2945, or Hugh F. Gouldthorpe Jr., vice president, corporate communications, 804-965-2922, both of Owens & Minor/
 (OMI)


CO: Owens & Minor, Inc.; Premier Hospitals Alliance, Inc. ST: Virginia IN: MTC SU:

DC-KD -- DC004 -- 6374 06/08/93 08:31 EDT
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Publication:PR Newswire
Date:Jun 8, 1993
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