Medical Action Industries Inc. (NASDAQ:MDCI), a leading supplier of
medical and surgical disposable products, today announced that it will
not be presenting at the 2008 UBS Global Life Sciences Conference, as
previously scheduled at 8:30am Monday, September 22, 2008.
“We regret the need to cancel our presentation
in favor of business matters,” said Medical
Action’s CEO and President Paul D. Meringolo, “and
we look forward to the possibility of appearing at future conferences.”
Medical Action is a diversified manufacturer of disposable medical
devices. Its products are marketed primarily to acute care facilities in
domestic and certain international markets. Further, Medical Action has
expanded its target market to include physician, dental and veterinary
office, out-patient surgery centers, long-term care facilities and
laboratories. Medical Action is a leading manufacturer and distributor
of many of its products in the markets it competes in. The Company’s
products are marketed nationally by its direct sales personnel and
extensive network of healthcare distributors. Medical Action has
preferred vendor agreements with national and regional distributors, as
well as sole and multi source agreements with group purchasing
organizations. The Company’s common stock
trades on the NASDAQ Global Select Market under the symbol MDCI and is
included in the Russell 2000 Index.
This news release contains forward-looking statements that involve
risks and uncertainties regarding Medical Action’s
operations and future results. Please see the Company’s
filings with the Securities and Exchange Commission, including, without
limitation, the Company’s Form 10-K and Form
10-Qs, which identify specific factors that would cause actual results
or events to differ materially from those described in the
forward-looking statements.
Medical Action Industries Inc.
Charles L. Kelly, Jr., 631-231-4600
Chief
Financial Officer