MagStar Technologies Announces New Blanket Order With Haemonetics Corporation
Published: Oct 26, 2004
HOPKINS, Minn., Oct. 25 /PRNewswire-FirstCall/ -- MagStar Technologies, Inc. ("MagStar") (BULLETIN BOARD: MGST) has been awarded a blanket order to supply Haemonetics Corporation with medical centrifuges for processing blood. These centrifuges are used in medical devices that collect and clean blood lost by a patient during surgery so that the blood is available for transfusion back to the patients undergoing higher blood loss surgeries. MagStar has been a contract manufacturer of centrifuges for Haemonetics for over 12 years.
Haemonetics is a world leader in the automated processing of blood. To support its large, global customer base, Haemonetics produces a steady stream of surgical blood salvage devices that use the MagStar Centrifuge. This new contract will support that production process.
MagStar is a publicly owned company that trades under the symbol "MGST" on the Over The Counter Bulletin Board market. MagStar divides sales into the following core competencies: Medical, Magnets, Industrial, Contract Manufacturing, and Conveyors/Factory Automation. For over 10 years, ISO-certified MagStar Technologies, Inc. has been a trusted medical device supplier, using its expertise in centrifuge and medical device design and manufacturing, by partnering its engineers and salespeople with well-known, national OEM's. MagStar's expertise in oil centrifuges includes manufacturing for internationally prominent engine OEMs with 12 years of history designing, engineering, and manufacturing oil centrifuges to meet market and emissions requirements. MagStar's expertise in factory automation and conveyors includes serving national and international based high-tech OEMs. MagStar has a patented product line that evolves with industry requirements, including the recent introduction of a patented clean room conveyor. MagStar has over 10 years of history designing, engineering, and manufacturing magnet assemblies to meet the exacting requirements of our customers.
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CONTACT: Jon L. Reissner, President and Chief Executive Officer ofMagStar Technologies, Inc., +1-952-935-6921