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Lobeck Medical AG

EANS-News: Lobeck Medical AG plans company purchase or participation in the field of diagnosis, medical technology, medical products

Frick (euro adhoc) -

MediSmart® of Switzerland continues to have full order books for its 
medical products – At Iran’s largest international trade fair in Iran
(Iran-MED) Lobeck Medical AG presented its innovative product lines 
in the fields of diabetes (Sapphire blood glucose meter) and in-vitro
diagnostics – Lobeck Medical AG obtains additional import licences 
for Iran
  Corporate news transmitted by euro adhoc. The issuer/originator is solely
  responsible for the content of this announcement.
companies/finances/medical technology
Lobeck Medical AG plans company purchase or
participation in the field of diagnosis, medical technology, medical 
products
MediSmart® of Switzerland continues to have full order  books  for  
its  medical products - At Iran's largest international trade fair in
Iran (Iran-MED)  Lobeck Medical AG presented its innovative product 
lines  in  the  fields  of  diabetes (Sapphire blood glucose meter) 
and in-vitro  diagnostics  -  Lobeck  Medical  AG obtains additional 
import licences for Iran
Frick, June 30th, 2009 - Lobeck Medical AG plans to acquire a company
operating in the field of diagnosis, medical technology or  medical  
products.  The  Swiss medical technology company intends to finance 
implementation  of  its  expansion strategy exclusively through funds
that it can raise itself.   As  a  result  of the difficult economic 
climate caused by the crisis in  the  financial  markets, the 
company's management is hoping for  an  interesting  investment  
opportunity with favourable terms in the near future.
"The possibility of acquiring a majority stake in another company is 
also  being considered", explains Andreas Dornbierer, Chairman of  
Lobeck  Medical  AG.  "We already have some suitable proposals  and  
are  currently  looking  at  them  in detail."
This development marks a further very  positive  step  on  the  
growth  path  of Lobeck Medical AG. In the last few months, the Swiss
medical technology  company has won new customers worldwide for its 
home testing products  under  the  brand MediSmart® of Switzerland. 
Its Sapphire blood glucose meter proved  particularly popular at 
Iran-MED, the 12th international trade fair for medical,  dental  and
laboratory  equipment,  pharmaceutical  products  and  healthcare  
services,  in Teheran.
In collaboration with its exclusive  distribution  partner,  Lobeck  
Medical  AG presented its user-friendly and high-quality MediSmart® 
of Switzerland  products in  the  fields  of  diabetes  and  in-vitro
diagnostics.  The  Swiss   medical technology company has already 
been distributing early pregnancy tests  in  Iran for two years. 
Since the beginning of this  year,  the  Sapphire  blood  glucose 
meter has been available on the Iranian market - at the moment only 
in  Teheran. "This positive start-up period motivated  us  to  take  
part  in  Iran-MED,  the largest domestic trade fair, in Teheran, and
we  did  so  with  great  success", explains Andreas Dornbierer. 
"More than  300  eligible  sub-agencies,  hospitals and large 
organisations expressed an interest in our Swiss made products."
Currently, Lobeck Medical AG supplies its products to over  1500  
pharmacies  in Teheran. It is the company's goal to add hospitals, 
doctors  and  pharmacies  in larger Iranian cities to its client 
base. Two months ago, the  Iranian  Ministry of Health awarded Lobeck
Medical AG additional import licences for  two  further products. 
Since then the company  has  been  able  to  distribute  its  
complete MediSmart® of Switzerland product line to all parts of the 
country.
About the company: The Lobeck Medical AG develops and distributes 
user friendly  product  solutions for the medical diagnostics market 
with focus on diabetes (glucometer) and  home test products.  With  
sales  offices  in  over  30  countries  the  company  has 
established a wide international distribution network  to  market  
new  products developments under the protected brand name MediSmart® 
of Switzerland  all  over the world. The Lobeck Medical AG is a Swiss
company manufacturing  high  quality blood glucose meters in 
Switzerland to be distributed worldwide  under  its  own brand name.
end of announcement                               euro adhoc

Further inquiry note:

Press contact:
Kristina Ducke
fr financial relations gmbh
Phone: +49/ (0) 69 95 90 83 -15
Fax: +49/ (0) 69 95 90 83 -99
Email: presse@lobeck.com

Branche: Healthcare Providers
ISIN: CH0025477065
WKN: A0MR20
Börsen: Frankfurt / Open Market
Berlin / free trade

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