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CASCADE MEDICAL SIGNS TAIWAN AND HONG KONG DISTRIBUTION AGREEMENTS; FURTHERS PACIFIC RIM EXPANSION FOR CHECKMATE SYSTEM

 MINNEAPOLIS, June 8 /PRNewswire/ -- Cascade Medical, Inc., Eden Prairie, Minn., has signed exclusive agreements for distribution of its CheckMate(R) diabetes home monitoring system in Taiwan and Hong Kong. Glorious Union Medical Supply Company Ltd., Taipei, and Weston Pharmaceutical Ltd., Hong Kong, will distribute the system.
 "These agreements represent Cascade's further push into prime Pacific Rim markets," said Richard E. Jones, Ph.D., president and CEO of Cascade Medical. "Both companies are extremely experienced distributors and are well positioned in the health care market."
 The market for self blood glucose monitoring is one of the fastest growing areas in medical diagnostics, with a worldwide market estimated at more than $800 million. Taiwan and Hong Kong have a combined estimated population of more than 500,000 diagnosed diabetics.
 Cascade Medical has extensive U.S. distribution, as well as significant international distribution in Europe, the Middle East and East Asia. Customer service and an aggressive outreach program to diabetes educators are the two primary areas of marketing focus.
 Cascade Medical, founded in 1989, is a privately held manufacturer of home health care products. Cascade Medical developed, manufactures and holds the patents for its CheckMate blood glucose home monitoring system and disposable test strips.
 Cascade Medical's CheckMate System is designed for user convenience and safety and has several unique features, including a built-in lancing device and automatic calibration. The company has an intensive, ongoing research and development program for provision of new, state-of-the-art products that will bear the CheckMate trade name.
 Cascade Medical operates a 24-hour-a-day telephone customer service line at 800-525-6718.
 -0- 6/8/93
 /CONTACT: Perry Ketchum of Ketchum & Metz, Inc., 612-349-2727, for Cascade Medical/


CO: Cascade Medical, Inc. ST: Minnesota IN: MTC SU: JVN

MA -- MN001 -- 6488 06/08/93 11:05 EDT
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Publication:PR Newswire
Date:Jun 8, 1993
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