WESTPORT, Conn., Nov. 3, 2014 /PRNewswire/ -- HemCon Medical
Technologies, Inc. ("HemCon"), a wholly owned subsidiary of TriStar
Wellness Solutions(R), Inc. (OTCQB: TWSI) and a leading developer
and marketer of advanced medical products, announced today that the
company has been awarded a group purchasing agreement for
Hemostasis and Compression Products with Premier, Inc. effective
November 1, 2014. The new agreement
(PP-CA-248) allows Premier members, at their discretion, to take
advantage of special pricing and terms pre-negotiated by Premier
for the entire line of HemCon hemostatic products, including
products such as the HemCon Patch® PRO, ideal for
bleeding control following heart catheterizations,
ChitoGauze® PRO for traumatic injuries and
GuardaCare®XR Surgical, a must have tool for controlling
bleeding and maintaining surgical field visibility in the operating
room.
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"HemCon is pleased to be included as a contracted supplier for
Premier. Our company is committed to creating new healthcare
products that drive improved patient safety and better clinical
results across the continuum of care. We're excited that Premier
will make our proprietary hemostatic products available to their
members and support them in their efforts of improving patient
care," said HemCon Chief Executive Officer and President,
Michael Wax.
HemCon offers a comprehensive line of hemostatic products with a
proven track record that quickly control all levels of bleeding.
HemCon's proprietary chitosan technology provides a cost-effective
hemostatic solution to treat low to heavy arterial bleeding, while
also providing antibacterial properties. HemCon's ability to stop
bleeding at all levels of the continuum of care allows hospitals to
add efficiencies to their normal practices as well as greatly
reducing everyday expenses, while improving patient outcomes.
About Premier, Inc.
Premier, Inc. is a leading healthcare improvement company,
uniting an alliance of approximately 3,000 U.S. hospitals and
110,000 other providers to transform healthcare. With integrated
data and analytics, collaboratives, supply chain solutions, and
advisory and other services, Premier enables better care and
outcomes at a lower cost. Premier, a Malcolm Baldrige National
Quality Award recipient, plays a critical role in the rapidly
evolving healthcare industry, collaborating with members to
co-develop long-term innovations that reinvent and improve the way
care is delivered to patients nationwide. Headquartered in
Charlotte, N.C., Premier is
passionate about transforming American healthcare. Please visit
Premier's news and investor sites on www.premierinc.com; as
well as Twitter, Facebook,
LinkedIn, YouTube, Instagram, Foursquare and Premier's
blog for more information about the company.
About HemCon Medical Technologies, Inc.
HemCon Medical Technologies Inc., is a wholly owned subsidiary
of TriStar Wellness Solutions®, Inc. (OTCQB: TWSI). HemCon is a
developer, manufacturer, and marketer of proprietary technologies
for hemostatic devices for the control of bleeding resulting from
trauma or surgery. HemCon was founded in 2001 and since then has
been a supplier of medical devices to the military, emergency
medical and law enforcement communities. This year the company
received endorsement from the Tactical Combat Casualty Care (TCCC)
and is an approved supplier of bandages and hemostatic devices to
government agencies and allied militaries around the world.
The company this year also launched a sales force dedicated to
serving the hospital and clinical markets. Additional information
is available at www.hemcon.com.
About TriStar Wellness Solutions
TriStar Wellness Solutions®, Inc. (OTCQB: TWSI) is a health and
wellness company that targets under-met opportunities in the OTC
and professional marketplace. TriStar is the owner of HemCon
Medical Technologies Inc., a company dedicated to saving lives
through innovative wound care solutions. It also owns the
Beaute de Maman™ brand of women's health products. Additional
information is available at www.tstarwellness.com and
www.beautedemaman.com.
Forward-Looking Statement
This press release for TriStar Wellness Solutions®, Inc.
contains forward-looking statements. Generally, you can identify
these statements because they use words like "anticipates,"
"believes," "expects," "future," "intends," "plans," and similar
terms. These statements reflect only our current expectations.
Although we do not make forward-looking statements unless we
believe we have a reasonable basis for doing so, we cannot
guarantee their accuracy and actual results may differ materially
from those we anticipated due to a number of uncertainties, many of
which are unforeseen, including, among others, the risks we face as
described our filings with the Securities and Exchange Commission.
You should not place undue reliance on these forward-looking
statements that apply only as of the date of this press release. To
the extent that such statements are not recitations of historical
fact, such statements constitute forward-looking statements that,
by definition, involve risks and uncertainties. In any
forward-looking statement where we express an expectation or belief
as to future results or events, such expectation or belief is
expressed in good faith and believed to have a reasonable basis,
but there can be no assurance that the statement of expectation of
belief will be accomplished.
Website: http://www.tstarwellness.com
CONTACT:
Simona
Buergi
Tel: (503) 245-0459
simona.buergi@hemcon.com
SOURCE TriStar Wellness Solutions, Inc.
