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Teleflex Extends Agreement with Novation for Laryngoscopes and Accessories

Wed, 10/24/2012 - 5:00pm
The Associated Press

LIMERICK, Pa.--(BUSINESS WIRE)--Oct 24, 2012--Teleflex Incorporated (NYSE: TFX), a leading global provider of medical devices for critical care and surgery, has announced a two-year extension with Novation for Rusch ® Laryngoscopes and Accessories. The single-source agreement will offer these products to the members served by Novation through July 31, 2015.

Teleflex provides a complete line of Rusch Laryngoscopes and Accessories including single-use disposable and reusable blades, fiber optic and standard handles, and specialty products. By offering a comprehensive product line, Teleflex allows anesthesiologists to access a broad range of innovative products from the Green Rusch ® Lite ™ Fiber Optic Blade, which is designed to reduce the potential for infection, to difficult airway optical systems designed to reduce force needed to intubate.

“The extension of this partnership with Novation demonstrates the dedication Teleflex has to working directly with healthcare professionals to give them the reliable tools they need,” said Cary Vance, President of the Teleflex Anesthesia and Respiratory Division. “By making high-quality products accessible to such a large group of providers, Teleflex strives to ensure that intubation is as simple, convenient, and as safe as possible for the patient.” About Teleflex Incorporated Teleflex is a leading global provider of specialty medical devices for a range of procedures in critical care and surgery. Our mission is to provide solutions that enable healthcare providers to improve outcomes and enhance patient and provider safety. Headquartered in Limerick, Pa, Teleflex employs approximately 11,200 people worldwide and serves healthcare providers in more than 130 countries. Additional information about Teleflex can be obtained from the company's website at teleflex.com.

About Novation Founded in 1998, Novation is the leading health care supply chain expertise and contracting company for the more than 65,000 members of VHA Inc. and UHC, two national health care alliances, Children’s Hospital Association, an alliance of the nation’s leading pediatric facilities, and Provista, LLC. Novation provides alliance members with sourcing services, as well as information and data services. Based in Irving, Tx, Novation develops and manages competitive contracts with more than 600 suppliers. VHA, UHC, and Provista members used Novation contracts to purchase more than $40 billion in 2011. Novation recently earned the coveted Ethics Inside ® Certification from Ethisphere Institute, a leading international think tank dedicated to the research and promotion of best practices in corporate ethics and compliance. Novation was also named on Ethisphere’s World’s Most Ethical Companies list, and is the only company in the health care industry to earn both distinctions. To learn more about Novation, please visit www.novationco.com and follow @NovationNews.

Forward-Looking Statements Any statements contained in this press release that do not describe historical facts may constitute forward-looking statements. Any forward-looking statements contained herein are based on our management's current beliefs and expectations, but are subject to a number of risks, uncertainties and changes in circumstances, which may cause actual results or company actions to differ materially from what is expressed or implied by these statements. These risks and uncertainties are identified and described in more detail in our filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K.

Ethics Inside is a registered trademark of Ethisphere LLC. Teleflex, Green Rusch Lite and Rusch are trademarks or registered trademarks of Teleflex Incorporated or its affiliates. ©2012 Teleflex Incorporated. All rights reserved. 2012-1455.

CONTACT: Teleflex Incorporated Jake Elguicze Treasurer and Vice President, Investor Relations 610-948-2836 KEYWORD: UNITED STATES NORTH AMERICA PENNSYLVANIA INDUSTRY KEYWORD: SURGERY HEALTH MEDICAL DEVICES SOURCE: Teleflex Incorporated Copyright Business Wire 2012 PUB: 10/24/2012 05:00 PM/DISC: 10/24/2012 05:00 PM http://www.businesswire.com/news/home/20121024006665/

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