Parker Formalizes Collaboration Agreement with Shepherd Center for the Commercialization of Indego™

    Parker Formalizes Collaboration Agreement with Shepherd Center for the
                         Commercialization of Indego™

PR Newswire

CLEVELAND, Feb. 11, 2013

CLEVELAND, Feb.11, 2013 /PRNewswire/ --Parker Hannifin Corporation (NYSE:
PH), the global leader in motion and control technologies, today announced
that it has formalized an agreement with Shepherd Center to support the
commercialization ofParker's exoskeleton device Indego™, which is planned for
release in 2014. Shepherd Center, based in Atlanta, Ga., is one of the leading
hospitals in the United States for medical treatment, research and
rehabilitation for people with spinal cord injury or brain injury.

(Photo: http://photos.prnewswire.com/prnh/20130211/CL57004-a )

(Logo: http://photos.prnewswire.com/prnh/20130211/CL57004LOGO-b )

(Logo: http://photos.prnewswire.com/prnh/19990816/PHLOGO )

Under the general terms of the agreement, Shepherd Center will function as the
lead rehabilitation center for clinical testing of the device. Shepherd Center
will develop clinical protocols for use of the device, train clinicians at
other rehabilitation centers where the device will be used, and monitor
clinical trials. Also, the agreement includes collaboration between Parker and
Shepherd Center to market the device subsequent to regulatory approval.

"Shepherd Center has a world-class reputation in the field of rehabilitation
and we are proud they have chosen to support us in the commercialization of
Indego," said Craig Maxwell, Vice President of Technology and Innovation for
Parker. "Shepherd Center is the only rehabilitation facility to have tested
Indego and the two other devices currently being marketed by other companies
as exoskeletons."

"We see distinct advantages in Indego, including its lightweight and modular
design that promotes independence," said Gary R. Ulicny, Ph.D, President and
CEO of Shepherd Center. "From a rehabilitation perspective, we applaud
Indego's ability to vary the degree of robotic assistance and the use of
electrical stimulation based on the user's level of function." 

Indego is not yet for sale but is being tested and refined through clinical
research at Shepherd Center. Patient and clinician feedback on the device has
been overwhelmingly positive, and the Center has concluded that Indego has the
most promise as a device for both rehabilitation and home use.

"Indego is the only robotic exoskeleton that can be worn by a person while in
his or her own wheelchair, as well as in a vehicle or even a restaurant
booth," said Clare Hartigan, a physical therapist at Shepherd Center who leads
the clinical research. "The device can be used for mobility on all surfaces,
including stairs."

Shepherd Center is proud to be a part of this effort and looks forward to
testing Indego with other diagnoses such as stroke and multiple sclerosis, she
says.

"We are impressed with how easy Indego is for people to use, as well as its
potential to provide compensatory gait for those with motor complete injuries,
in addition to its rehabilitative potential for those who are motor
incomplete," Hartigan said. "The level of independence Indego offers is
unprecedented."

To learn more about Indego, visit: http://Indego.parker.com

About Parker Hannifin
With annual sales exceeding $13 billion in fiscal year 2012, Parker Hannifin
is the world's leading diversified manufacturer of motion and control
technologies and systems, providing precision-engineered solutions for a wide
variety of mobile, industrial and aerospace markets. The company employs
approximately 60,000 people in 48 countries around the world. For more
information, visit the company's web site at www.parker.com.

About Shepherd Center
Shepherd Center, located in Atlanta, Ga., is a private, not-for-profit
hospital specializing in medical treatment, research and rehabilitation for
people with spinal cord injury or brain injury. Founded in 1975, Shepherd
Center is ranked by U.S. News & World Report among the top 10 rehabilitation
hospitals in the nation and is a 152-bed facility. For more information, visit
Shepherd Center online at shepherd.org.

SOURCE Parker Hannifin Corporation

Website: http://www.phstock.com
Contact: Media, Aidan Gormley, Director, Corporate Communications,
+1-216-896-3258, aidan.gormley@parker.com, or Financial Analysts, Pamela
Huggins, Vice President - Treasurer, +1-216/896-2240, phuggins@parker.com
 
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