Health Robotics Announces Premier Healthcare Alliance 3-Year Sole-Source Sterile Compounding Robot Contract

Premier will exclusively license Intravenous Medication Robots from Health Robotics.

BOZEN, Sud-Tirol, Italy, March 5, 2012

Health Robotics announced that it has been recently awarded by Premier Healthcare Alliance a 3-year sole-source contract for its world-leading IV Robots, following Premier's industry-wide market search in late 2011. Under this agreement, Premier will exclusively license Intravenous Medication Robots from Health Robotics.

Gaspar DeViedma, Health Robotics' Executive Vice President and Board Member, stated: "We are pleased indeed to have been exclusively selected by Premier Healthcare Alliance for the provision of IV Robotics solutions to their 2,500+ member hospitals and more than 80,000+ other healthcare sites. Having Health Robotics' with direct access to almost fifty percent (50%) of the entire USA healthcare provider industry was well beyond our startup dreams. Mechatronics[1] solutions such asi.v.STATION and i.v.STATION ONCO represent the future of intelligent machines; and currently are the only examples of IV Robots in the world which have received such an international award. Notably, Health Robotics' i.v.SOFT was also selected by Premier Health Alliance as a preferred IV Workflow Solution."

Despite Health Robotics' late start versus the majority of its competitors[2], it recently reached 250 worldwide installations under contract [~½ IV Robots; ~½ clinical workflow software, approximately 10 times more IV Robot installations under contract than all of its worldwide competitors[2] combined], after it successfully migrated to its 2nd Generation modular architecture of networked medical devices.

Mr. DeViedma concluded: "The USA market finally perceives that IV Automation is going "mainstream" after the proven facts that Health Robotics won every worldwide IV Robot sale announced in 2010 & 2011, and the release of "live" clinical & R.O.I. results at USA-based hospitals from our 2nd Generation solutions leapfrogging competitors[2]. With American Health-System Pharmacies' budgeting acquisitions in record numbers in 2012, we have already publicly released our upcoming 2012 schedule for USA's 56-city product education road tour, showcasing on-site demonstrations of our world-leading IV Automation solutions."

About Health Robotics:

Founded in 2006, Health Robotics is the undisputed global leading supplier of life-critical Intravenous (IV) Medication Automation, winning 100% of all worldwide IV Robot's sales announced in 2010 and 2011. With over 250 hospital installations in 5 continents for its robotics-based technology and clinical software automation solutions, the company has 10 times more IV Robots under contract that all of its global competitors combined. Its unique solutions have and will greatly contribute to ease hospitals' growing pressures to simultaneously improve patient safety and reduce costs. Through the effective and efficient production of sterile, accurate, tamper-evident and ready-to-administer IVs, Health Robotics helps pharmacies eliminate life-threatening drug and diluent errors, decrease other medical mistakes and sterility risks, work more efficiently, reduce waste and controlled substances' diversion, and diminish the gap between rising patient volume/acuity and scarce clinical staff.

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