Airgas Safety to Market Cardiac Science AEDs and Training Services to Industrial Workplace Segment
October 26 2004 - 1:30AM
PR Newswire (US)
Airgas Safety to Market Cardiac Science AEDs and Training Services
to Industrial Workplace Segment Partnership Expands Reach Into
Fastest Growing Segment of U.S. AED market IRVINE, Calif., Oct. 26
/PRNewswire-FirstCall/ -- Cardiac Science, Inc. (NASDAQ:DFIB), a
leading manufacturer of life-saving automatic public access
defibrillators (AEDs), today announced it entered into a
distribution partnership with Airgas Safety, a division of Airgas,
Inc (NYSE:ARG), the largest safety products distributor in the U.S.
Under the agreement, Cardiac Science Powerheart(R) AEDs and AED/CPR
training and program management services will be marketed to Airgas
Safety's industrial workplace and other customers. Airgas is the
nation's largest distributor of industrial, medical and specialty
gases and welding equipment boasting a network of approximately 800
domestic locations and a 1,000-person sales team of which 120 are
dedicated to the safety market. The agreement calls for the sales
organizations of both companies to jointly market Cardiac Science
products and services to new and existing Airgas customers. Raymond
W. Cohen, Chairman and CEO of Cardiac Science said, "Airgas is a
well respected company with a significant presence and excellent
customer relationships in the corporate workplace safety market.
This distribution agreement is part of our marketing strategy to
further strengthen our leadership position in the U.S. workplace
market. We believe that Cardiac Science has a competitive advantage
in this segment based on our product and service offering and
superior customer base. In order to gain further leverage, we will
continue to align ourselves with powerful strategic distribution
partners who can facilitate access to large corporations interested
in deploying a workplace defibrillation program." Cohen added, "The
Airgas Safety sales team is well positioned to promote and offer
our AEDs and workplace defibrillation programs to its customers. We
believe the joint effort of Cardiac Science representatives working
together with Airgas representatives at the point of sale will not
only mitigate channel conflict but more importantly allow our AED
experts to be on hand to facilitate the selection of Powerheart(R)
AEDs and our AED Program Management Services by the customer. In
all, we see this as an enlightened approach, which we believe will
optimize the potential for both companies to generate meaningful
revenue from the Airgas customer base." About Airgas Inc. Airgas,
Inc. is the largest distributor of industrial, medical and
specialty gases and welding equipment and one of the largest
distributors of safety supplies in the United States. Its
integrated network of about 800 locations includes branches, retail
stores, gas fill plants, specialty gas labs, production facilities
and distribution centers. Airgas also distributes its products and
services through eBusiness, catalog and telesales channels. Its
national scale and strong local presence offer a competitive edge
to its diversified customer base. For more information on Airgas,
please visit http://www.airgas.com/. About Cardiac Science Cardiac
Science develops, manufactures and markets Powerheart(R)-brand
public-access defibrillators (AEDs) and offers comprehensive
AED/CPR training and AED program management services that
facilitate successful deployments. Cardiac Science also
manufactures its AED products on a private label basis for other
leading medical companies such as Nihon Kohden (Japan), Quinton
Cardiology Systems and GE Healthcare. For more information, please
visit http://www.cardiacscience.com/. This news release contains
"forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995. Such forward-looking
statements include, but are not limited to the Company's
"competitive advantage" in the workplace AED market and the
achievement of sales to the Airgas customer base and any future and
"meaningful" revenue based on the Distribution Agreement with
Airgas. Cardiac Science cautions that these statements are subject
to substantial risks and uncertainties and are qualified by
important factors that could cause actual results to differ
materially from those reflected by the forward-looking statements
and should not be relied upon by investors when making an
investment decision. Information on other factors is detailed in
the Company's Form 10-K for the year ending December 31, 2003,
subsequent quarterly filings, and other documents filed by the
Company with the Securities and Exchange Commission. For further
information, please contact: Investors, Matt Clawson, , or Media,
Len Hall, , both of Allen & Caron Inc, +1-949-474-4300, for
Cardiac Science, Inc.; or Michael Gioffredi, Chief Marketing
Officer of Cardiac Science, Inc., +1-949-797-3800, . DATASOURCE:
Cardiac Science, Inc. CONTACT: Investors, Matt Clawson, , or Media,
Len Hall, , both of Allen & Caron Inc, +1-949-474-4300, for
Cardiac Science, Inc.; or Michael Gioffredi, Chief Marketing
Officer of Cardiac Science, Inc., +1-949-797-3800, Web site:
http://www.airgas.com/ Web site: http://www.cardiacscience.com/
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