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MCS Medical Compression Systems (DBN) Ltd. Ends Contract With Primary Distributor; Shares Fell



10/31/2007 8:02:12 AM

MCS Medical Compression Systems (DBN) Ltd. (TASE:MDCL) has not renewed the contract of its US distributor Hill-Rom Company, which expires in March 2008. This contract accounts for 90% of MCS’s revenue this year and 74% in 2006, implying that sales will plummet until a new distributor is found.

Read at Globes Online


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