Merger/Strategic Alliance

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A Merger/Acquisition or Strategic Alliance/Partnership are credible "News Hooks," appropriate for release to the media. Read more:

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Baxa Corporation Signs Co-Marketing Agreement with Unit Dose Solutions Inc.

Englewood, Colo., Sept. 22, 2006 – Baxa Corporation and Unit Dose Solutions (UDS) have signed an exclusive co-marketing agreement for promotion of UDS’ unique services for hospital pharmacy drug repackaging.  Under the agreement, Baxa Corporation will market and sell outsourced repackaging services on behalf of UDS, and provide oral and topical dispensers and accessories for its operations.  These services fill a critical gap for patient safety by offering customized bar coding on a unit dose medication pack, therefore providing the right dose for the right patient in a format that ensures the right route of administration.

Using current good manufacturing practices, Unit Dose Solutions provides many unique benefits for providers.  The most important of these is improved patient safety through reduced medication errors.  With UDS’ solution, providers can have any drug in their existing formulary repackaged into a unit dose, bar-coded format.  UDS offers a customized approach that works with the customer’s existing supply chain, using their existing drug formulary, and coordinating with their drug wholesaler and their internal storage and distribution system.  Unlike competitive services, UDS provides individual product labeling customized to the provider’s needs that work with any bedside verification system and any barcode scanners.  That provides a key link for true medication management and ensures the safety of the oral drug delivery process.

“Since its founding, we’ve seen Unit Dose Solutions as a strong complement to the work we do at Baxa,” noted Claude Hooton, Baxa Executive Vice President of Sales and Marketing.  “Both companies are focused on patient safety.  Together we provide the safest solutions available for medication preparation, labeling and administration.”

The two-year agreement gives UDS access to the full national sales team and marketing capability of Baxa Corporation, along with favorable pricing on Baxa devices for unit dose packaging.  According to Dennis DiVenuta, Chief Executive Officer, “This partnership will allow us to focus on developing Unit Dose Solutions’ capabilities and enhancing our technology to support scaleable, multi-location operations.”

Baxa Corporation is a customer-focused medical device company that provides innovative, solution-based technologies for fluid handling and delivery.

About Baxa Corporation

Baxa systems and devices promote the safe and efficient preparation, handling, packaging, and administration of fluid medications.  Privately held, Baxa Corporation has subsidiaries and sales offices in Canada and the United Kingdom; sales infrastructure in Austria, Belgium, Denmark, Germany, Luxembourg and The Netherlands; and distribution partners worldwide.  Further information is available at http://www.baxa.com

About Unit Dose Solutions

Unit Dose Solutions Inc. (UDS) is a pharmacy services outsourcing company based in Morrisville, NC.  Formed in 2005, the Company's mission is to provide outsourced drug repackaging and sterile preparation services in accordance with current good manufacturing practices.  UDS customers include acute care hospitals, psychiatric hospitals, long term care hospitals, nursing homes and other long-term care institutions in the U.S. For more information, go to http://www.unitdoseinc.com

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Contacts:

Marian Robinson, Vice President, Marketing
Baxa Corporation http://www.baxa.com -- 800.567.2292 ext. 2157 or 303.617.2157

Maggie Chamberlin Holben, APR
Absolutely Public Relations http://www.absolutelypr.com -- 303.984.9801 or 303.669.3558

Here's another example of a merger/acquisition or strategic partnership/alliance news release:

 

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CONTACT: Steven J. Martens of The Martens Companies, 316-262-0000

The Martens Companies Announces May 1 Affiliation with the Grubb & Ellis Company, Forming a Locally Owned Subsidiary Dedicated to Commercial Brokerage Services

WICHITA, Kan., Apr. 11, 2000 -- The Martens Companies (TMC), founded in 1948, and the Grubb & Ellis Company (NYSE: GBE), one of the largest commercial real estate firms in the U.S., today announced they have entered into an affiliation agreement which will become effective May 1, 2000. The new entity will be a wholly owned subsidiary of Wichita-based TMC and called Grubb & Ellis/Martens Commercial Group, LLC.

"Our firm has always prided itself on providing the best commercial resources to our clients," said Steven J. Martens, CPM, CCIM, TMC president. " Joining the Grubb & Ellis family will allow us to grow our existing business, and provide our clients with some of the industry's best technology, systems and marketing support."

"The addition of The Martens Companies to our national affiliate program bolsters Grubb & Ellis' presence in the heartland, and adds a significant component to our industrial property group in Kansas," said Steven F. Pope, President of Grubb & Ellis Affiliates.

TMC offers a full line of Commercial/Industrial/Farm real estate services. The company is headquartered in downtown Wichita, with a branch office in Lawrence, and is the only real estate firm in the area offering complete real estate appraisal, property management, consulting and brokerage services.

In calendar 1999, TMC provided brokerage, appraisal, consulting and management support for real estate transactions exceeding $400 million. The two principals in the firm are R.D. Martens, CRE, founder and chairman, and Steven J. Martens, president, quoted in the second paragraph.

The Grubb & Ellis Affiliates program allows the firm to provide comprehensive services to real estate clients by extending its presence into key metropolitan markets where it currently does not have offices. To ensure consistency and a high level of service, prospective Grubb & Ellis affiliates must submit to an exhaustive business quality investigation and meet industry-leading experience and performance standards. With The Martens Companies affiliation in May, Grubb & Ellis will have agreements with more than 31 affiliates serving more than 33 markets.

Grubb & Ellis Company is one of the nation's largest commercial real estate services firms. Through its offices, affiliates and global strategic alliance with Knight Frank, one of the leading property consulting firms in Europe and Asia, the company provides a full range of real estate services, including advisory, management and consultative services, to users and investors worldwide.

With the collective resources of nearly 7,000 people in 200 offices in 27 countries, Grubb & Ellis professionals arrange the sale or lease of such business properties as industrial, retail and office buildings, as well as the acquisition and disposition of multi-family and hospitality properties and commercial land. Major multiple-market clients have a single point of contact through the firm's corporate and institutional units for coordination of all of the firm's services as well as site selection, feasibility studies, market forecasts and research. For more information, visit the company's website at www.grubb-ellis.com.

SOURCE: The Martens Companies, Wichita, KS