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MINNTECH AND BIONIC GMBH FORM JOINT VENTURE

 MINNTECH AND BIONIC GMBH FORM JOINT VENTURE
 MINNEAPOLIS, July 15 /PRNewswire/ -- Minntech Corporation


(NASDAQ: MNTX) announced today that it has formed a joint venture with Bionic Gmbh in Friedrichsdorf, Germany to supply sterilizing and disinfecting solutions for dialyzers and kidney machines.
 The new company, Minntech-Bionic Gmbh will market these products directly in Germany. Bionic had previously been a distributor of Minntech's reuse products in Germany and a supplier to Minntech Europe of these solutions.
 Dr. Louis C. Cosentino, president of Minntech said, "This venture combined with the new Minntech European Headquarters, which will open shortly in Belgium, is the beginning of a more aggressive and focused strategy directed at the European market. There is significant opportunity in Europe for our reuse and fiber products."
 Minntech Corporation is a leading medical device manufacturer with advanced technology in electronics, solutions, fibers and plastics. The company's core technologies are being applied to the business of dialysis, reprocessing/sterilants, cardiosurgery and water purification. Minntech Corporation's common stock is traded on the National over-the- counter market under the NASDAQ symbol MNTX.
 -0- 7/15/92
 /CONTACT: Thomas J. McGoldrick of Minntech, 612-553-3300/
 (MNTX) CO: Minntech; Bionic Gmbh ST: Minnesota IN: MTC SU: JVN


MA -- MN021 -- 9733 07/15/92 16:51 EDT
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Publication:PR Newswire
Date:Jul 15, 1992
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