Business

Stocking order under Surgioscopy agreement

Stocking order under Surgioscopy agreement.

articleSurgical Innovations Group PlcNovember 5, 20134/company/surgical-innovations-group-plc/news/stocking-order-under-surgioscopy-agreement
Stocking order under Surgioscopy agreement

About this update from Surgical Innovations Group Plc

[{"type":"text","content":"\n \nRNS Number : 1800S Surgical Innovations Group PLC 05 November 2013  \n \n\n \n \n\nSurgical Innovations Group plc\n(\"SI\" or the \"Group\" or the \"Company\")\n \nStocking order under Surgioscopy agreement\n \nSurgical Innovations Group plc (AIM: SUN), the designer and manufacturer of creative solutions for minimally invasive surgery ('MIS'), announces it has received and dispatched an initial stocking order from Surgioscopy worth a total of  £141,000.\n \nSI announced in its recent Interim Results Statement the appointment of Surgioscopy. The three year agreement with Surgioscopy reflects the continuing expansion of SI's US network of distributors and underpins SI's growth strategy in the US market. Surgioscopy will promote both SI's LogiTM and YelloPort+plusTM product lines across 10 mid-west states from Texas to Minnesota. \n \nOwner and President of Surgioscopy, Dave Shaw, commented: \"We couldn't be more pleased to have garnered a relationship with Surgical Innovations and look forward to a long and prosperous future as we develop the SI brand across our 10 US states. In today's economic environment and marketplace that we find ourselves in, new technology that combines better patient outcomes with lower acquisition costs is of paramount importance. This is why hospitals are constantly searching for ways to save money and reduce costs through products, such as SI's, that identify those issues.\"\n \nGraham Bowland, Chief Executive for Surgical Innovations, said: \"We are delighted to have now shipped Surgioscopy's initial stocking order. Surgioscopy is an integral part of our portfolio of US distributors and with a key state such as Texas now represented I look forward to a further increase in SI Brand presence within the US market.\" \n \nRick Barnett, Surgical Innovations President of US Sales and Operations, remarked: \"I am very excited to have Surgioscopy as our new partner. They have a great amount of experience in the minimally invasive surgical space and will do very well with the Surgical Innovation product line. This relationship fits within our expansion strategy for the United States.\"\n \n \nEnquiries:\n \n\n\n\n\nSurgical Innovations Group plc\n\n\nTel: +44 (0) 113 230 7597\n\n\n\n\nGraham Bowland, Chief Executive Officer\n\n\ngraham....

More updates from Surgical Innovations Group Plc