![]() 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 News From Battelle Subsidiaries May 22, 2002 BATTELLE AND ZEVEX LAUNCH STRATEGIC RELATIONSHIP
COLUMBUS- Battelle Healthcare Products and ZEVEX International, Inc. (NASDAQ: ZVXI), have announced the launch of a strategic relationship. Under terms of the relationship, ZEVEX' Applied Technology business division and Battelle Healthcare Products will team to offer seamless technology/product development and manufacturing services to the medical device and diagnostics industry. Battelle Healthcare Products and ZEVEX' Applied Technology business division will coordinate the marketing of their respective capabilities. By harmonizing their respective quality systems and business processes prospective customers can access the combined core competencies in an integrated offering. Medical device companies will now have the opportunity to access Battelle's healthcare product innovation, technology, design and development expertise, while retaining the world-class medical device and instrument manufacturing capabilities of ZEVEX, in a single transaction. "Together with Battelle, an industry-leader in medical device research and development, we have created an unprecedented opportunity for our existing and prospective Applied Technology business division customers to access the best in medical product design, development and manufacturing," said David McNally, Chairman and Chief Executive Officer of ZEVEX. "At the same time, Battelle and ZEVEX can focus on continuing to develop the core technical competencies that have made each organization world-class. We see this as a key opportunity to expand the applications and customer base for our fluid management, optoelectronic and ultrasonic technologies and electro-mechanical products." "Battelle Healthcare Products redefines innovation and technology for the industry. Our relationship with ZEVEX will enable the marketplace to turn these resources into marketable products," said Rich Rosen, Senior Vice-President and General Manager of Battelle Healthcare Products. "We respect ZEVEX' manufacturing capabilities and their focus on healthcare. Our companies are a great fit both strategically and culturally. We are looking forward to accelerated growth of our product development capabilities and technological innovations in novel drug delivery systems, breakthrough diagnostic technology, therapeutic systems and devices. We are thrilled to be offering this combination and we are very encouraged by the initial response of the marketplace". About Battelle Memorial Institute Battelle develops new technologies, commercializes products, and provides solutions for industry and government ranging from pharmaceuticals and medical product development, to innovations for the automotive, chemical, and agrochemical industries. Battelle develops environmental and energy solutions for industry and government, and generates practical, technological solutions for challenges in national security, transportation, and health and human services. Headquartered in Columbus, Ohio, Battelle has annual revenues of $1 billion at 100 locations throughout the world. About ZEVEX International, Inc. ZEVEX International, Inc. (www.zevex.com), founded in 1986, transforms life with its patented and proprietary medical device technologies. Recently, ZEVEX International renamed its three primary business divisions. Through its Applied Technology division the Company designs and manufactures advanced medical components and systems for other medical technology companies. Its Physical Evaluation division designs, manufactures and markets industry leading physical evaluation testing systems. The Therapeutics division designs, manufactures and markets award-winning enteral nutrition delivery devices. For more information, please contact Genevieve Sanchez from Zevex Investor Relations at (801) 264-1001, ext. 203 or e-mail address gsanchez@zevex.com; or contact Katy Delaney, manager of Battelle Media Relations at (614) 424-5544 or e-mail address delaneyk@battelle.org. uForward-Looking Statements Statements made in this press release, including those relating to the anticipated strategic relationship and the anticipated benefits of that relationship, are forward looking and are made pursuant to the safe harbor provisions of the Securities Litigation Reform Act of 1995. Such statements involve risks and uncertainties that may cause actual results to differ materially from those set forth in these statements. Among other things, there is no assurance that the companies will be successful in jointly marketing aspects of their respective businesses. See also ZEVEX' filings with the Securities and Exchange Commission, including the Form 10-K for the year ended December 31, 2001, for additional risk factors applicable to ZEVEX' business.
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