Corporate Snapshot

MedPro Safety Products, Inc. ("MedPro" or "the Company") is a medical device company developing and acquiring safety products that include technology designed to prevent needlestick injuries. A needlestick is a skin puncture by a hypodermic needle, syringe, or other sharp. Injury by a non-sterile device can expose the individual to bloodborne pathogens. MedPro focuses on devices with passive safety features that deploy with little or no effort by the user. The Company is developing novel safety products that target key segments within the medical device industry, with products such as traditional and prefilled syringes for medication delivery, insulin pen safety needle sets, and devices for blood collection (phlebotomy). MedPro plans to commercialize these products through global distribution partners. The Company estimates that the total global market addressed by its present product portfolio could exceed $6 billion. MedPro has a distribution agreement with a global partner, Greiner Bio-One GmbH, for three products: two models of the VACUETTE passive safety blood collection system (Tube-Touch and Skin-Touch), which differ in the way that the safety system engages, as well as a winged VACUETTE safety blood collection set, a collection and infusion system. As well, MedPro and Belgium-based Helvoet Pharmaceutical N.V. have entered into a Joint Development Agreement to create and commercialize a prefilled safety syringe, which the Company expects to launch in fiscal 2012.

* The Corporate Snapshot was last updated on May 16, 2011.

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2011-05-16

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