February 28, 2008

Touch Bionics Signs U.S. Distribution Agreement with SPS

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Touch Bionics, Livingston, United Kingdom, and Southern Prosthetic Supply (SPS), Alpharetta, Georgia, announced that they have settled on terms for a distribution agreement for the i-LIMB Hand in the United States. Touch Bionics will continue to offer the product directly to U.S. clinics through its expanding direct U.S. sales force, the company said.

"This agreement will provide us with a tremendous boost to our business-development capabilities in the U.S., and SPS' industry connections will allow us to reach a far greater number of practitioners across the country," said Stuart Mead, Touch Bionics CEO. "Of course, Touch Bionics' direct sales focus in the region remains undiminished, and we continue to expand our presence in this regard, establishing new relationships with O&P practitioners to help bring the benefits of the i-LIMB Hand to U.S. patients."

SPS President Ron May said, "SPS is delighted to have secured the U.S. distribution rights to such an exciting product. This agreement is a continuation of SPS' efforts toward providing the very newest technologies to our O&P customers. Our role as a distribution partner with Touch Bionics will be to assist in providing market introduction, clinical education, and delivery of the i-LIMB system to the U.S. Prosthetic Community."