
MedClean Technologies Signs Fourth Distributor Agreement in Six Months Representing Seven New States and Over 3,200 Target Customers
Gamma Healthcare, Inc./Danner Medical Waste Expanding Distributor Network to Include Seven New States: Illinois, Missouri, Tennessee, Alabama, Mississippi, Oklahoma and Arkansas
Enables Gamma Healthcare, Inc. to Expand Integrated Medical Waste Disposal and Document Destruction Service to Complement Services Provided to Current Health Care Clients in the Midwest Region
BETHEL, Conn., July 22 /PRNewswire-FirstCall/ -- MedClean Technologies (OTC Bulletin Board: MCLN), the leading provider of onsite technology for the treatment and disposal of medical waste and the destruction of confidential documents and related media, today announced it has signed a distributor agreement with Gamma Healthcare, Inc./Danner Medical Waste Management Services, a premier provider of medical diagnostic services that include laboratory, portable digital radiology, urodynamics, along with medical waste transportation and disposal services. This agreement will enable Gamma Healthcare to expand its service offerings and to provide integrated onsite medical waste disposal and onsite document destruction technology and services as complementary services to its existing medical waste transportation line of business. The structure of the agreement enables both companies to collaborate on and target their integrated technology and services to the more than 700 large quantity medical waste generators and the nearly 2,500 medium quantity medical waste generators in the seven-state region.
"We are pleased and excited to partner with a first-class organization such as Gamma Healthcare, including its Danner Medical Waste division," commented David Laky, President and CEO, MedClean Technologies, Inc. "This partnership provides considerable expansion to our distributor network, which now covers 13 states. Gamma currently has 11 office locations with sales representatives servicing its region who already possess significant established relationships with ideal target customers across the Midwest. Our job is to provide the Gamma team with the technology and services required to support rapid expansion of its medical waste disposal line of business."
Mr. Laky continued, "This opportunity represents a significant milestone for MedClean Technologies as well. Our goals and targets communicated earlier in the year included building a distributor network consisting of at least five new distributors as well as other strategic partners. Gamma represents our fourth and largest distributor, with all four signed prior to the mid-year mark. Our distributors and partners combine to span two countries, over 5,000 targets, the VA Health System, and over one third of North America. We expect the combination of Gamma's regional excellence and MedClean's technology and services to result in new business yielding up to $2 million in revenue for each company during the first year of the partnership, as we believe Gamma has the potential to achieve significant revenue and rapid expansion in the first year."
"The MedClean product line is a natural addition to our current business model, as well as for our plans to expand our medical waste hauling and confidential document destruction and recycling business," added Jerrod Murphy, President and COO of Gamma Healthcare. "We are now in the position to establish processing facilities throughout our region utilizing various configurations of the MedClean Series of equipment. This flexibility will enable us to further evolve to a full service provider to meet the wide array of our clients' needs. We will also be able to expand our target medical waste customer base through servicing customers no matter how small or large their volume of medical waste as well as possessing the ability to meet their waste treatment preferences."
"We are excited and looking forward to our relationship with MedClean Technologies, Inc.," commented Jerry Murphy, Chairman and CEO of Gamma Healthcare, Inc. This partnership will give us the ability to expand the services that we currently offer and allow us to reach new business relationships within our current market territory."
About Gamma Healthcare, Inc.
Gamma Healthcare, Inc. is a group of medical testing facilities headquartered at Poplar Bluff, MO. Gamma has 11 different offices that are located within 8 states. Gamma started as an independent laboratory in 1981 and now services most of the Midwest. Our mission is to be the healthcare provider dedicated to not only providing quality patient care, but also to establish clinical excellence and safety throughout the healthcare industry.
What makes Gamma the leader in the industry is an unrelenting commitment to customer service. Our goal is to provide timely, accurate results, with unsurpassed quality. Gamma Healthcare is not only meeting today's challenges of healthcare requirements, but always is looking toward meeting and exceeding the challenges for years to come.
About Danner Medical Waste Management Services
Danner Medical, a wholly own subsidiary of Gamma Healthcare, Inc. Danner has been a medical waste transporter since 1990 and is now serving Missouri, Arkansas, Illinois, Mississippi and Tennessee. Danner Medical has always been a customer service first business with a full range of supplies, sharps containers, pickup schedules, offering OSHA compliance equipment with competitive pricing.
About MedClean Technologies, Inc.
MedClean Technologies, Inc. is a provider of innovative technology and services for the onsite treatment and disposal of regulated medical waste. MedClean's flagship MedClean® Series systems are fully integrated, turnkey technology solutions that enable hospitals and other healthcare providers to safely, efficiently, and cost-effectively convert bio-hazardous regulated medical waste into sterile, unrecognizable material suitable for disposal as municipal solid waste. MedClean was founded in 1997 with corporate headquarters, research and development and distribution facilities located in Bethel, Connecticut. Further, information on MedClean can be found at www.medcleantechnologies.com and in filings with the Securities and Exchange Commission found at www.sec.gov.
Statements about our future expectations are "forward-looking statements" within the meaning of applicable Federal Securities Laws, and are not guarantees of future performance. When used herein, the words "may," "will," "should," "anticipate," "believe," "appear," "intend," "plan," "expect," "estimate," "approximate," "potential" and similar expressions are intended to identify such forward-looking statements. These statements involve risks and uncertainties inherent in our business, including those set forth in our most recent Annual Report on Form 10-K for the year ended December 31, 2009, filed with the SEC on March 3, 2010, and other filings with the SEC, and are subject to change at any time. Our actual results could differ materially from these forward-looking statements. We undertake no obligation to update publicly any forward-looking statement.
Contact: |
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Cameron Donahue |
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Hayden IR |
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651-653-1854 |
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SOURCE MedClean Technologies
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