McKinley Medical Signs Exclusive Distribution Deal in South Korea

-- Medipia will market the WalkMed® PCA Ambulatory Infusion Pump
 
Wheat Ridge, Colorado – April 16, 2003 – McKinley Medical, LLLP, an affiliate of The Broe Companies, is an international supplier of infusion systems and the designer of one of the world’s leading pain-management pumps.  It announced today an exclusive distribution deal with Medipia, Inc. to sell the WalkMed PCA and associated disposables in South Korea.
 
The WalkMed PCA electronic-infusion pump is programmable in continuous-only, bolus-only or continuous plus patient-controlled dosing.  The WalkMed PCA provides all the safety controls in a user-friendly package.  For epidural or subcutaneous, intravenous or intrathecal, the WalkMed PCA provides linear infusion regardless of the flow rate.  All WalkMed products will be distributed by Medipia in South Korea, while maintaining the high standards for integrity and excellence the McKinley Medical customers have come to expect.
 
“ We have been in South Korea since 1994 and we have established WalkMed as a market-leading pain-management device,” said Randy Hoffman, PharmD and President of McKinley Medical.  “We firmly believe that Medipia will increase the WalkMed PCA market share and allow us to introduce new McKinley products to the South Korean market, which is an important part of our Asia-Pacific business growth strategy.”

McKinley Medical is seeking new business opportunities and partners for its products worldwide. McKinley Medical is an affiliate of The Broe Companies, Inc. , a diversified company which provides management expertise, business intelligence, and financing options.

Media Contact:
Tom Henley
Dir. of Communications
303-398-0342
thenley@broe.com