News
Enters into an Agreement with Douglas Labaratories
ST. PETERSBURG, FL - August 8, 2007 - MTS Medication Technologies, Inc. (AMEX:MPP), an international provider of medication compliance packaging systems, today announced that it has entered into an agreement with Douglas Laboratories, a division of Atrium Innovations, Inc. (TSX:ATB.TO), to introduce “Simply YoursTM, a product line featuring personalized nutritional supplements packaged in an MTS-designed compliance package, to the nutrition market.
Simply YoursTM will introduce the MTS consumable products to nutritional supplement users through a network of health care practitioners that Douglas currently serves. This personalized service of Douglas Labs will deliver their world-class nutritional supplement products packaged in MTS compliance-enhancing blister cards. Simply YoursTM will allow healthcare professionals to customize an individual patient’s recommended supplements and combine them in a convenient morning and evening regimen organized by day of the week. The supplements will be filled using MTS OnDemand® automation technology.
“We believe this represents a major opportunity for MTS to introduce our consumable products into a well-established market for nutrition supplements as we expand outside our traditional customer base of long-term care pharmacies,” says Todd E. Siegel, MTS President and Chief Executive Officer. “Douglas Labs has been serving the nutraceutical market for more than 50 years with high quality supplements, offering consumers these products through a network of more than 10,000 health care practitioners in North America. We look forward to the opportunity to work with Douglas Labs to develop more efficient products for their customers and believe a successful product launch will lead to the development of significant new market potential.”
Adds Douglas Lioon, CEO of Douglas Laboratories, “This exclusive agreement in the professional channel represents an opportunity for us to align ourselves with an innovative company that is a leader in developing packaging systems that significantly enhance patient outcomes and compliance. We are optimistic that our agreement with MTS will help us achieve the same objective with nutritional supplements and deliver to our physician and other practitioner customers a valuable tool to enhance the lives of their patients.”
About Douglas Laboratories
Founded in 1955, Douglas Laboratories directly markets some 800 plus products to over 10,000 healthcare practitioners, such as physicians, chiropractors, naturopaths, nutritionists and osteopaths. The company also sells supplements via distributors that work with health professionals. Douglas, which has approximately 250 employees, markets its products under various well-known brand names, including Douglas Laboratories and Advanced Medical Nutrition Incorporated (AMNI). Pittsburgh serves as headquarters with 150,000 square feet of state of the art production, laboratories, packaging and distribution facilities.
About MTS
Founded in 1984, MTS Medication Technologies (www.mts-mt.com) is an international provider of medication compliance packaging systems designed to improve medication dispensing and administration. MTS manufactures automated packaging machines and related consumables for prescription medications and nutritional supplements. The Company serves approximately 8,000 pharmacies worldwide