Invacare Corporation Forms Distributor Alliance with Nonin Medical, Inc.
Invacare Corporation (NYSE: IVC) and Nonin Medical, Inc. today announced a strategic distributor alliance. This alliance expands and complements Invacare’s industry-leading line of oxygen therapy products with Nonin’s proven pulse oximetry solutions.
Pulse oximetry is a key component of oxygen therapy for patient evaluations and titration. Nonin’s industry-leading pulse oximetry solutions include finger, tabletop, wrist-worn and handheld products and sensors. The new alliance between Invacare and Nonin delivers a complete solution to providers who need high quality, professional-grade pulse oximetry, oxygen treatment, titration and qualification products – from a single trusted source.
“Invacare is unmatched when it comes to oxygen therapy, with stationary and portable concentrators and the revolutionary Invacare® HomeFill® Oxygen System which ushered in the non-delivery model and dramatically improved the quality of life for beneficiaries,” said Lou Slangen, senior vice president of corporate marketing and chief product officer for Invacare. “When you couple that with Nonin’s esteemed position as the leader in pulse oximetry, this becomes a very exciting alliance. Our ability to provide oxygen patients with products that can improve their clinical outcomes is at the highest level, and we can truly make a difference in people’s lives.”
“As the inventor of finger pulse oximetry, Nonin understands that accuracy matters,” said Gary Tschautscher, president, Nonin Medical. “For 25 years, Nonin has led the industry with innovative monitoring solutions that support diverse applications and clinical environments. Nonin shares Invacare’s vision of enabling patients to remain active and live their lives to the fullest. This alliance helps us bring more choices to customers in the home, long-term and other non-acute care markets.”
Nonin Medical, Inc. invented the finger pulse oximeter (the original Onyx® brand) and designs and manufactures noninvasive medical monitoring solutions that meet customers’ technology needs today and tomorrow. Headquartered in Plymouth, Minn., USA, with an additional customer service center in Amsterdam, the Netherlands, Nonin Medical sells its pulse and regional oximeters, capnographs, sensors and software to health professionals and consumers in more than 125 countries. The company has more than 300 OEM partners worldwide. For more information, visit nonin.com.
About Invacare Corporation
Invacare Corporation (NYSE:IVC), headquartered in Elyria, Ohio, is the global leader in the manufacture and distribution of innovative home and long-term care medical products that promote recovery and active lifestyles. The Company has 6,300 associates and markets its products in 80 countries around the world. The Company was named to the 2011 Fortune 1000 list and to the 2010 IndustryWeek U.S. Manufacturing 500. For more information about the Company and its products, visit Invacare's website at www.invacare.com.