Minntech Corporation Receives 2011 Tekne Award

Nov 17, 2011, 13:00 ET from Cantel Medical Corp.

MINNEAPOLIS, Nov. 17, 2011 /PRNewswire/ -- Minntech Corporation has been named recipient of the 2011 Tekne Award in the Life Sciences - Established Companies Category. Presented by the Minnesota High Tech Association (MHTA), the Tekne Awards honor companies and individuals who have played a significant role in developing new technologies that positively impact the lives and futures of people living around the world.

Minntech received the award for its latest advancement in innovation and product sterilization technology: REVOX® Contract Sterilization Services. Developed by Cantel Infection Prevention and Control Chemistries (IPCC), a new business unit formed in 2010, the REVOX service is the only rapid turnaround, true room-temperature vapor sterilization system (18 – 30 degrees C) offering for the medical, pharmaceutical and consumer products industries. The technology allows heat-sensitive devices to be sterilized without compromising materials compatibility, product quality or integrity, and also significantly reduces the preparation time of the sterilization process that is associated with other methods.

"Receiving the Tekne Award is a special honor we hold in high regard," said Roy Malkin, President and CEO, Minntech Corporation. "This recognition clearly demonstrates our innovation success in infection prevention and control."

Playing a significant role in bringing new technology to life, the 2011 Tekne Award recipients represent large global companies, as well as small entrepreneurial ventures, that have helped reinforce Minnesota's place as one of the most competitive and technologically advanced regions in the world. Judges selected one recipient out of the three finalists in each of the 14 Tekne Award categories, recognizing the best and brightest in development, education, commercialization and management of technology. A full list of award recipients is available online at http://www.tekneawards.org.

About Minntech Corporation

Minntech Corporation, a wholly-owned subsidiary of Cantel Medical Corp. (NYSE: CMN), is a leader in developing, manufacturing, and marketing medical devices, sterilants, and water purification products. Minntech is expanding into new businesses based on its internally developed core technologies in hollow fiber membrane devices, chemical sterilants, dialysis solutions, and electronic products. The Company's products are used in kidney dialysis, open-heart surgery, endoscopy, and in the preparation of pure water for medical, industrial and laboratory use. Cantel Infection Prevention & Control Chemistries (IPCC) Group delivers infection prevention solutions for healthcare, consumer, pharmaceutical and industry customers through proprietary chemistries and innovative equipment and services. For more information, visit www.minntech.com.

About Cantel Medical Corp.

Cantel Medical Corp. (NYSE: CMN) is a leading provider of infection prevention and control products in the healthcare market. Our products include water purification equipment, sterilants, disinfectants and cleaners, specialized medical device reprocessing systems for endoscopy and renal dialysis, disposable infection control products primarily for the dental industry, dialysate concentrates and other dialysis supplies, hollow fiber membrane filtration and separation products for medical and non-medical applications, and specialty packaging for infectious and biological specimens. We also provide technical maintenance for our products and offer compliance training services for the transport of infectious and biological specimens. For further information, visit the Cantel website at www.cantelmedical.com.

About Minnesota High Tech Association

MHTA fuels Minnesota's prosperity through innovation and technology.  Now entering its fourth decade of service, MHTA has a vision to make Minnesota one of the country's top five technology states by 2020. MHTA is the only membership organization that represents the state's entire technology-based economy. Members include organizations of every size − involved in virtually every aspect of technology creation, production, application and education in Minnesota. MHTA works in partnership with TechAmerica, which represents Minnesota's technology organizations nationally. Find out more online at http://www.mhta.org or follow MHTA on Twitter at http://twitter.com/MHTA.

SOURCE Cantel Medical Corp.