Avitar Signs Distribution Agreement for Hydrasorb with Dukal Corporation
12 12월 2006 - 10:45PM
PR Newswire (US)
CANTON, Mass., Dec. 12 /PRNewswire/ -- Avitar (OTC:AVTI) (BULLETIN
BOARD: AVTI) ("Company") has signed a distribution agreement with
Dukal Corporation for Avitar's Hydrasorb (TM) polyurethane foam
wound dressing product line to replace the Company's existing
distributor. The agreement covers the United States and will be
effective January 1, 2007. Hydrasorb, which uses Avitar's
proprietary polyurethane technology, is a highly absorbent topical
dressing for moderate to heavy exuding wounds. These dressings have
a unique construction that provides a moist wound healing
environment, which promotes skin growth and closure. Dukal
Corporation will distribute Hydrasorb to acute care hospitals as
well as subacute, long-term and other health care facilities
throughout the U.S. "Dukal is a recognized industry leader and will
help us to further our wound care product line more successfully
through its already established network of independent
distributors," said Peter P. Phildius, Chairman and Chief Executive
Officer of Avitar. "We are pleased with this agreement and are
enthusiastic about working with Dukal to expand Hydrasorb's share
of the specialty wound care market." "Dukal is delighted with this
agreement," said Gerry LoDuca, President of Dukal Corporation.
"Hydrasorb is a well-established product that fits nicely with our
long-term growth strategy. We look forward to working with Avitar
to further develop the application for its Hydrasorb technology in
this growing segment of the wound care market." About Dukal
Corporation Dukal Corporation, headquartered in Hauppauge, New
York, has been dedicated to manufacturing products since its
inception in 1991. Recognizing a need to offer the consumer a
premium product at affordable pricing, Dukal offers a wide variety
of wound care and specialty patient care products for all medical
markets. For more information, see Dukal's website at
http://www.dukal.com/ About Avitar, Inc. Avitar, Inc. develops,
manufactures and markets innovative and proprietary products. Its
field includes the oral fluid diagnostic market, the disease and
clinical testing market, and customized polyurethane applications
used in the wound dressing industry. Avitar manufactures
ORALscreen(R) the world's first non-invasive, rapid, on-site,
fluid-based oral screening test for drugs- of-abuse, as well as
HYDRASORB(R), an absorbent topical dressing for moderate to heavy
exudating wounds. Avitar is also developing diagnostic strategies
for disease and clinical testing in the estimated $25 billion
in-vitro diagnostics market. Conditions targeted include influenza,
diabetes, and pregnancy. For more information, visit Avitar's Web
site at http://www.avitarinc.com/. Forward Looking Statements This
release contains forward looking statements that are subject to
risks and uncertainties including the development and marketing of
new applications and other risks that are detailed from time to
time in the Company's filings with the Securities and Exchange
Commission. In view of such risks and uncertainties, the Company's
actual results could differ materially from those anticipated in
such forward looking statements. Contact: Jay C. Leatherman Avitar
Inc. 781-821-2440 http://www.avitarinc.com/ The Investor Relations
Group Investors: Erika Moran/Tom Caden, 212-825-3210 Media: Bill
Douglass, 212-825-3210 DATASOURCE: Avitar, Inc. CONTACT: Jay C.
Leatherman of Avitar Inc., +1-781-821-2440, email, , or, Investors,
Erika Moran and Tom Caden, +1-212-825-3210, email, , and, , both of
The Investor Relations Group, or, Media, Bill Douglass,
+1-212-825-3210, email, , of The Investor Relations Group Web site:
http://www.avitarinc.com/ http:/// http://www.dukal.com/
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