PSS World signs distribution deal with Philips

August 18, 1999

PSS World Medical’s subsidiary, Diagnostic Imaging, signed an agreement with Philips Medical Systems North America last month that gives DI exclusive distribution rights to Philips’ Tomoscan EG CT and BV25 Gold Mobile C-arm systems. The deal

PSS World Medical’s subsidiary, Diagnostic Imaging, signed an agreement with Philips Medical Systems North America last month that gives DI exclusive distribution rights to Philips’ Tomoscan EG CT and BV25 Gold Mobile C-arm systems. The deal also gives Jacksonville, FL-based DI the nonexclusive right to market Philips’ computed radiography and BV300 Series Mobile C-arm units. DI’s goal is to sell $12 million of Philips equipment and services during the first year of the agreement, according to company executives.

In other DI news, the subsidiary added four companies to its distribution network last month in cash purchase transactions. The acquisitions will increase DI’s revenue each year by approximately $15 million, and include South Florida MedX of Florida, Valley Imaging of Wisconsin, Southwest Medical Services of Arizona, and Long Island Imaging Specialists of New York.