FOR IMMEDIATE RELEASE LMA NORTH AMERICA SIGNS NEW THREE YEAR SOLE SOURCE LARYNGEAL MASK AGREEMENT WITH MEDASSETS GPO
Singapore, 28 September 2012 – LMA International NV (“LMA”), the global leader in the marketing and development of the LMATM range of supraglottic airway management devices, is pleased to announce that its wholly-owned subsidiary, LMA North America, Inc. (“LMANA”), has been awarded a new Sole Source supply agreement for Laryngeal Mask Airway Products with Med Assets Supply Chain Systems, a Med Assets company (NASDAQ: MDAS). Med Assets Supply Chain Systems is one of the foremost group purchasing organizations in the United States. The three year agreement is effective December 1, 2012. LMANA’s previous agreement with MedAssets was a dual source, three year agreement with a one year extension. LMANA is the only company in the United States that sel s the LMA™ Airway Management System, a complete family of LMA™ Airway products designed to cover a broad range of critical airway management needs. “We are thril ed to be awarded this new Sole Source agreement with Med Assets. The LMA™ Airway Management System includes innovative products for use in routine, difficult and emergency airway management, and with over 300 million successful uses worldwide, is a critical element in a high percentage of surgical procedures,” said Mr. Steven R. Block, President and Chief Executive Officer of LMANA. “We look forward to continuing our long term relationship with MedAssets by providing the highest quality products and service at an outstanding value to its member facilities,” he added. William Crothers, Group CEO, LMA, commented, “The new supply agreement with Med Assets is yet another testimony to the quality and value of our products and the dedication of our sales teams and support services. We are delighted with this achievement.”
For media queries, MedAssets, please contact: Sharon Seetho, Gavin Anderson & Company Singapore, Tel: +65 6339 9110 For media queries, LMA, please contact: Timothy Weller, Edelman, Tel: +65 6347 2326 HP: +65 8428 6944 Email: Yasmin Ramle, Edelman, Tel: +65 6494 1571 HP: +65 8511 4107
Email: About MedAssets MedAssets Supply Chain Systems is a MedAssets company based in Atlanta, Georgia, USA. MedAssets (NASDAQ: MDAS) partners with healthcare providers to improve their financial strength by implementing integrated spend management and revenue management solutions that help control cost, improve margins and cash flow, increase regulatory compliance, and optimize operational efficiency. MedAssets serves more than 125 health systems, 3,300 hospitals and 30,000 non-acute care healthcare providers. For more information, visit About LMA LMA designs, manufactures, markets and distributes the innovative LMA™ laryngeal mask airway range of supraglottic airway devices and LMA Atomization™ devices for pain-free administration of medication. LMA™ laryngeal mask airway devices are used by physicians to allow respiration, provide ventilation to, and support the airway of patients undergoing surgical procedures and life-saving interventions. LMA Atomization™ devices al ow healthcare professionals needle-stick free delivery of pain-free medication to patients. LMA is the global market leader for supraglottic airway devices, led by LMA Supreme™. LMA's growth is driven by the development of innovative products, geographic expansion, and acquisition of medical device technology to support anaesthetists and emergency healthcare professionals. Incorporated in Curaçao in 1998, LMA is listed on the Mainboard of the Singapore Exchange. LMA has offices in Jersey, Channel Islands and Singapore, wholly-owned manufacturing facilities in Utah, USA and Malaysia and subsidiaries with direct selling functions in the USA, Canada, Australia, New Zealand, Germany, Italy and Singapore. For more information, visit
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