Broadlane Inc. Awards Precision Dynamics-TimeMed a 3-year Contract for Medical Record Products

December 9, 2009

Dear Valued Customer,

We’re pleased to announce that Precision Dynamics-TimeMed has been awarded a 3-year contract for medical record products by Broadlane Inc., a leader in supply chain services to the healthcare industry.

The Contract GP-409 is active from January 1, 2010 through December 31, 2012. It provides Broadlane clients with access to Precision Dynamics-TimeMed complete line of labels, tapes, file folders, and jackets, offered in stock and custom options. The products provide accurate, reliable, and easy-to-use positive patient identification for flawless delivery of care throughout every major hospital function, helping to prevent errors and improve clinical outcomes.

The new agreement will help Broadlane clients continue to enhance their operating margins and cash flow. New cost saving benefits include a committed Tier that will pass on a minimum savings of 10%.

With over 10 years of quality service to Broadlane clients, Precision Dynamics-TimeMed has provided product solutions to Broadlane longer than any other patient ID company.

Precision Dynamics-TimeMed was awarded the contract as part of Broadlane’s intensive contract selection process, which focuses on delivering high-quality, cost-effective solutions to the healthcare industry. As the only ISO-certified patient identification-focused company, Precision Dynamics-TimeMed is unique in our industry when it comes to quality standards and customer satisfaction. Our products are born of thousands of hours of rigorous research and testing, including Six Sigma processes, to offer the most durable and reliable solutions in Healthcare today. This is a main reason why the top 100 hospitals nationwide all use Precision Dynamics-TimeMed products.

Regards,

Gary Hutchinson
President & CEO
Precision Dynamics Corporation

Media Contact:

Gary Hutchinson
President & CEO