Astro-Med's Grass Technologies Awarded Contract for Sleep Systems by
Premier Inc. Hospital Purchasing Organization
WEST WARWICK, RI -- (MARKET WIRE) -- 05/21/08 -- Astro-Med, Inc.
(NASDAQ: ALOT) is pleased to announce that it has been awarded a
two-year contract from Premier Inc., a leading healthcare purchasing
network that serves 2,000 hospitals and 50,000 healthcare sites in
the USA. Under the contract, Astro-Med's Grass Technologies brand
polysomnography (PSG) systems will be purchased as the first choice
sleep diagnostic system by all Premier member organizations, and
Astro-Med will provide competitive pricing to all Premier member
hospitals and labs for its Grass Technologies brand Aura(R) PSG and
Comet(R) PSG Sleep Diagnostic Systems. The contract goes into effect
on June 1, 2008.
"It is gratifying to have won this valuable contract after having
been in negotiations with Premier since August of last year and being
selected over other manufacturers of sleep products," said Marco
Mancini, Sales Manager of Grass Technologies products. Mancini
continued, "Now, member hospitals of the Premier organization will be
prompted to purchase Grass Technologies sleep systems based on three
key benefits: the performance advantages of technology, our technical
support excellence, and our competitive pricing."
The Grass Technologies brand has developed PSG, EEG, and other
neurophysiological monitoring systems since 1935, and manufactures,
sells, and supports these systems for use by hospitals and labs. Grass
Technologies recently announced the introduction of SleepTrek 3, a
sleep diagnostic system for home use which qualifies for Medicaid
About Astro-Med, Inc.
Astro-Med, Inc. (NASDAQ: ALOT) is a leading manufacturer of high tech
specialty printing systems, electronic medical instrumentation, and
test and measurement instruments sold under the brand names
Astro-Med(R), Grass(R) Technologies and QuickLabel(R) Systems.
Astro-Med, Inc. products are employed around the world in a wide
range of industrial, scientific, test and measurement applications,
for product identification applications in consumer and industrial
markets, and for clinical and research purposes in the field of life
sciences. More information is available at www.astro-medinc.com.
About Premier Inc.
Serving more than 2,000 U.S. hospitals and nearly 50,000 other
healthcare sites, the Premier healthcare alliance and its members are
transforming healthcare together. Owned by not-for-profit hospitals,
Premier operates one of the leading healthcare purchasing networks
and the nation's most comprehensive repository of hospital clinical
and financial information. Premier Inc. is a 2006 recipient of the
Malcolm Baldrige National Quality Award. Headquartered in San Diego,
CA, Premier has offices in Charlotte, N.C., Philadelphia and
Washington. For more information, visit www.premierinc.com.
Safe Harbor Statement
This news release contains forward-looking statements, and actual
results may vary from those expressed or implied herein. Factors that
could affect these results include those mentioned in Astro-Med's
FY2008 annual report and its annual and quarterly filings with the
Securities and Exchange Commission.
Everett V. Pizzuti
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