Nov 15 2010
MedClean Technologies (OTC Bulletin Board: MCLN), the leading provider of on-site technology for the treatment and disposal of medical waste and the destruction of confidential documents and related media, today announced it has signed a distribution agreement with SunBelt Medical Services, Inc. With this agreement, MedClean now has 11 regional distributors covering 41 states, one national partner targeting the Veteran's Administration, and one international partner covering Canada. In aggregate, there are 40-plus distributor-based sales personnel representing MedClean's systems across North America.
The agreement partners MedClean with a veteran of the medical waste transportation and disposal industry who has a strong footprint in the Georgia, North and South Carolina market. The agreement enables SunBelt to offer integrated waste stream solutions on-site at the customer location or to provide an integrated platform for equipment and services to their existing healthcare customers throughout the three-state region. SunBelt is uniquely positioned to be the service company, the equipment provider, or a combination of both. Further, SunBelt is interested in developing their first processing plant in the territory. SunBelt currently transports over one million pounds of medical waste per year. The agreement is structured so that both companies can collaborate to address the needs of the concentrated yet significant geographic territory currently covered by SunBelt's business development representatives.
"SunBelt can now offer an integrated waste stream solutions platform that packages technology and services as another option to their already extensive product line," stated David Laky, President and CEO, MedClean Technologies, Inc. "SunBelt already has significant penetration in the Southeastern market and we are excited at the new opportunities this agreement provides to both organizations. This agreement, combined with our other distributor partners and coupled with the early success of the Independent Medical Waste Transporters Association (IMWTA) network (which includes approximately 51 newly registered IMWTA members in less than 90 days), opens the door for MedClean to place our products on-site at a waste generator's location and to establish a waste processing center servicing both the distributor's and waste hauler's client base."
Douglas Sayers, President and CEO of SunBelt Medical Services, Inc., commented, "With this alliance, we can now provide our health care clients with a cost-effective, high-quality, flexible waste stream solutions platform. By adding The MedClean System to our product and service line, our health care clients can lower costs, enhance their green profiles, and address medical waste treatment with a program that makes sense given the physical environment at their facility. This capability, especially within our geographic region, will provide our customers significant utility while enhancing our business opportunities and profile. Our short term plans include increasing the depth of our sales organization within the region as well as exploring expansion of our operation from the current transportation services line of business to including processing center capabilities in the Southeast."