- CORRECTION - Hagemeyer North America and Cardiac Science Partner to Sell AEDs and Training Services to Industrial Workplace Se
November 04 2004 - 9:57AM
PR Newswire (US)
- CORRECTION - Hagemeyer North America and Cardiac Science Partner
to Sell AEDs and Training Services to Industrial Workplace Segment
IRVINE, Calif., Nov. 4 /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 arrangement with Charleston, SC-based Hagemeyer
North America, Inc., (HNA) a subsidiary of Netherlands-based
Hagemeyer NV. Under the agreement, Cardiac Science Powerheart(R)
AEDs and AED/CPR training and program management services will be
marketed by Hagemeyer's sales force to its industrial and safety
supplies customers throughout the United States. HNA is a
business-to-business distributor and solutions provider focusing on
industrial, safety and electrical products. HNA serves local
markets throughout the United States, Canada and Mexico and its
4,800 associates serve more than 100,000 customers. Raymond W.
Cohen, Chairman and CEO of Cardiac Science said that the company is
making a focused effort to ally itself with the very best
industrial and safety products distributors in the marketplace.
"Hagemeyer is a global leader in supplies and workplace safety
distribution and their recent acquisitions indicate that they are
firmly committed to building a leading position in the U.S.," Cohen
said. "This alliance is consistent with our strategy to maintain
our leadership position in the U.S. workplace market by aligning
ourselves with powerful strategic distribution partners that have
established relationships in our target markets." Cohen added, "We
are committed to putting high quality 'feet on the street' to sell
our products and services and supporting them with our 55-person
sales team and similar to other recently announced partnerships,
Cardiac Science representatives will work together with Hagemeyer
sales personnel in a joint effort at point of sale to promote the
adoption of workplace AED programs and the selection of
Powerheart(R) AEDs and Program Management Services by the
customer." About Hagemeyer North America, Inc. Hagemeyer North
America, Inc. (http://www.hagemeyerna.com/) is a distributor of
products and services focusing on business-to-business markets in
electrical materials, safety products, and industrial products and
services throughout North America and is a wholly owned subsidiary
of Hagemeyer N.V. (http://www.hagemeyer.com/). Headquartered in the
Netherlands, Hagemeyer N.V. is a value-added global distributor of
products and services focusing on business- to-business markets in
electrical materials, safety products, and industrial products and
services. 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 HNA customer base and any future
and "meaningful" revenue based on the Distribution Agreement with
HNA. 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. Contact: Matt Clawson
(Investors), or Michael Gioffredi Len Hall (Media) Chief Marketing
Officer Allen & Caron Inc Cardiac Science, Inc. (949) 474-4300
(949) 797-3800 DATASOURCE: Cardiac Science, Inc. CONTACT: Michael
Gioffredi, Chief Marketing Officer of Cardiac Science, Inc.,
+1-949-797-3800, ; or investors, Matt Clawson, , or media, Len
Hall, , both of Allen & Caron Inc, for Cardiac Science, Inc.
Web site: http://www.hagemeyer.com/ Web site:
http://www.hagemeyerna.com/ Web site:
http://www.cardiacscience.com/
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