Tyco Healthcare Receives $36 Million Dollar Traditional Wound Care Award from HealthTrust Purchasing Group

MANSFIELD, Mass. -- HealthTrust Purchasing Group has awarded the Kendall business unit of Tyco Healthcare Group LP a dual-source award for Traditional Wound Care products. The new contract, effective March 1st, 2003, extends for four years into 2007. The total value of this contract is estimated to be in excess of $36 million dollars. The HealthTrust award combined with similar contracts from Premier, Novation and Consorta has Tyco Healthcare firmly established as a leading provider of traditional wound care products in the hospital marketplace.

"The HealthTrust award further validates Tyco Healthcare' strategy of providing customer value through a broad line of high quality products coupled with world-class distribution and service," said Dan Keating, vice president of patient care marketing for Kendall.

Tyco Healthcare is one of the major business units of Tyco International Ltd. Tyco Healthcare is a leading manufacturer, distributor and servicer of medical devices worldwide. Its broad portfolio includes disposable medical supplies, monitoring equipment, medical instruments and bulk analgesic pharmaceuticals, sold under such names as Auto Suture, Kendall, Mallinckrodt, Nellcor, Puritan Bennett, United States Surgical, Valleylab and others.

Tyco International Ltd. is a diversified manufacturing and service company. Tyco is the world's largest manufacturer and servicer of electrical and electronic components; the world's largest designer, manufacturer, installer and servicer of undersea telecommunications systems; the world's largest manufacturer, installer and provider of fire protection systems and electronic security services and the world's largest manufacturer of specialty valves. Tyco also holds strong leadership positions in medical device products, and plastics and adhesives. Tyco operates in more than 100 countries and had fiscal 2002 revenues from continuing operations of approximately $36 billion.

Source: Tyco Healthcare