Product Update
25 März 2004 - 9:42AM
UK Regulatory
RNS Number:9201W
Medisys PLC
25 March 2004
For Immediate Release 25 March 2004
Medisys PLC
("Medisys" or "the Group")
FirstOrder For NewTek Blood Glucose Monitor Received From Wal-Mart
Further to the AGM Statement released earlier today, Medisys announces that it
has now received the first purchase order for its NewTek product from Wal-Mart,
the Group's exclusive USretail partner for the product.
The purchase order was received overnight and will be fulfilled from existing
inventory. It is anticipated that shipping will commence today.
Dave Conn, Chief Executive, commented: "The receipt of our first order from
Wal-Mart is a major milestone for the Group. NewTek is the first ever fully
integrated, disposable blood glucose monitoring system offering a new level of
convenience to the user. We are excited by its prospects as part of Wal-Mart's
well established ReliOn(R) brand, which offers value based products to their
diabetes customer."
- Ends -
Enquiries:
Medisys PLC 020 7563 5200
David Conn, Chief Executive Officer
Michael Barry, Chief Financial Officer
Weber Shandwick Square Mile 020 7067 0700
Kevin Smith/Susanne Walker
This information is provided by RNS
The company news service from the London Stock Exchange
END
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