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Span-America Medical Systems, Inc. (SPAN) Says Hill-Rom, Inc. Supply Deal to End


11/21/2007 6:24:36 AM

GREENVILLE, S.C.--(BUSINESS WIRE)--Span-America Medical Systems, Inc. (NASDAQ: SPAN) announced today that its exclusive agreement to supply Hill-Rom Company, Inc. with private label support surfaces will expire on May 4, 2008. Following the expiration of the exclusive supply contract, Span-America will be able to sell its proprietary PressureGuard®CFT® therapeutic support surfaces to non Hill-Rom customers, and Hill-Rom will be able to purchase similar products from other suppliers. The current agreement between Span-America and Hill-Rom provides for mutual exclusivity regarding products that feature non-powered, self-adjusting technology similar to Span-America’s CFT product.

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