InfuSystem Holdings, Inc. Acquires Star Infusion

MADISON HEIGHTS, Mich., March 10, 2011 (GLOBE NEWSWIRE) -- InfuSystem Holdings, Inc. (NYSE Amex:INFU), the leading national provider of infusion pumps and related services, announced today that it has acquired Michigan-based Star Infusion and Compression Therapies LLC ("Star Infusion"). Star Infusion is a provider of ambulatory infusion pumps and related services to oncologists in Michigan and Ohio.

Sean McDevitt, Chairman and CEO of InfuSystem, said, "Star Infusion has developed a loyal customer following and we welcome those oncology practices and their patients to InfuSystem. We are very pleased with the synergies this acquisition provides and it further solidifies and enhances InfuSystem's leading national position in the ambulatory infusion market."

The acquisition, which was for cash, is not expected to materially impact the Company's fiscal 2011 consolidated financial performance. Further details of the acquisition were not disclosed.

About InfuSystem Holdings, Inc.

InfuSystem Holdings, Inc. is the leading provider of infusion pumps and related services to hospitals, oncology practices and other alternate site healthcare providers. Headquartered in Madison Heights, Michigan, the company delivers local, field-based customer support, and also operates Centers of Excellence in Michigan, Kansas, California, and Ontario, Canada. The company's stock is traded on the NYSE Amex under the symbol INFU.

Additional information about InfuSystem Holdings, Inc. is available at www.infusystem.com.

CONTACT: Investor Contact:
         Pat LaVecchia
         Vice Chairman
         Info@InfuSystem.com
         800-962-9656

Source: InfuSystem, Inc.

Released March 10, 2011

Products

Services

Therapies

Patients

Our Company

3851 W. Hamlin Rd
Rochester Hills, MI 48309

P: 1-800-962-9656
F: 1-800-455-4338

General Inquires
info@infusystem.comThis email address is being protected from spambots. You need JavaScript enabled to view it.

LinkedIn LinkedIn YouTube

#infusystemlife

InfuSystem is a leading national health care service provider, facilitating outpatient care for durable medical equipment manufacturers and health care providers by delivering ambulatory pumps and supplies, along with related clinical, biomedical, and billing services to practices and patients nationwide. With a comprehensive suite of services, InfuSystem improves clinician access to quality medical equipment and promotes patient wellness and safety, while reducing the overall cost of infusion care.

InfuSystem offers Oncology, Pain Management and Wound Care therapies. The company’s Durable Medical Equipment (DME) Services are comprised of direct payer rentals, pump and consumable sales, and biomedical services and repair including onsite and depot services. InfuSystem provides the sale, rental, lease and associated supplies including infusion pumps, nerve blocks for acute pain, nerve block catheters, post-operative pain pumps, central venous catheters, IV pumps, pole-mounted pumps, syringe pumps, enteral pumps, Huber needles, clean room supplies, IV extension tubing, pump tubing, ambulatory pumps, replacement pumps, disposable products, central venous access devices, closed system transfer devices, negative pressure wound therapy vacs, wound vac, and chemotherapy and oncology infusion pumps. Biomedical services include both on-site and depot preventative maintenance, repair and warranty services, ranging from equipment inspections to extensive repairs including compression device systems, defibrillators, EKG machines, electrosurgical units, external pacemakers, humidifiers, infusion pumps, LCDs, light sources, modules, patient monitors, printers, pulse oximeters, telemetry transmitters, tourniquets – all completed to factory specifications.

Headquartered in Rochester Hills, Michigan, InfuSystem delivers local, field-based customer support and operates Centers of Excellence in Michigan, Kansas, California, Massachusetts, Texas and Ontario, Canada.

© 2024 InfuSystem Holdings, Inc. All Rights Reserved. Privacy & HIPAA. Terms & Conditions. Site Map.