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Span-America’s Hill-Rom supply agreement to expire

Span-America Medical Systems has announced that its exclusive agreement to supply Hill-Rom Company with private label support surfaces will expire on May 4, 2008. Following the expiration of the contract, Span-America will provide products to Hill-Rom on an order-by-order basis.

Following the expiration of the exclusive supply contract, Span-America will be able to sell its proprietary PressureGuard CFT therapeutic support surfaces to non Hill-Rom customers, and Hill-Rom will be able to purchase similar products from other suppliers. The current agreement between Span-America and Hill-Rom provides for mutual exclusivity regarding products that feature non-powered, self-adjusting technology similar to Span-America’s CFT product.

Jim Ferguson, president and CEO of Span-America, said: “Hill-Rom remains a valued customer of Span-America and we will continue to work with them to provide our proprietary mattress products. We expect to continue supplying Hill-Rom with our private label products through the expiration of the contract in May 2008.”