Distribution by Hill-Rom – Press Release

page banner

Haldor Advanced Technologies and Hill-Rom Enter into Exclusive
Global Distribution Partnership to Distribute Haldor’s ORLocate® Suite of Products

Cherry Hill, NJ and Chicago, Ill
., May 10th 2016 --Haldor Advanced Technologies Ltd. (“Haldor”), a developer of medical technology products, announced today that it has entered into an exclusive global distribution agreement with Hill-Rom (NYSE: HRC), a leading global medical technology company. The agreement covers the exclusive distribution of Haldor's market leading ORLocate® suite of products and technology.

The ORLocate® patented solution is the first commercially available inter-operable system to leverage radio frequency identification (RFID) technology to track, manage, and analyze surgical instruments and sponges on an individual basis before, during, and post-surgical procedure. ORLocate® can be configured to meet many use-cases: sponge tracking, instrument lifecycle management, set-level or instrument-level tracking, accommodating every ORLocate® solution to a hospital’s budgetary constraints and enabling expansion to support future organizational growth scenarios, while always improving patient safety and increasing intraoperative operational efficiency.

"This exclusive distribution agreement is a milestone for Haldor to achieve its goals. We are honored to partner with one of the most capable and distinguished healthcare companies in the world. Hill-Rom is a leader in the perioperative and surgical space, whose product strategy, vision, and clinical expertise highly synergize with Haldor’s technology and the key market we operate in,” said Ilan Kadosh Tamari, CEO of Haldor.

“Our partnership with Hill-Rom will provide the market with the most advanced RFID enabled technology, implemented within our ORLocate® modular solution, which will improve patient safety and dramatically improve operational efficiency for hospitals throughout the perioperative environment. This partnership has the potential to create a new standard of care as it relates to the ORLocate® technology and hospitals’ ability to track and trace surgical instruments, sponges, and consumables,” added Kadosh Tamari.

About Haldor Advanced Technologies

Haldor Advanced Technologies is a privately held company that specializes in developing solutions for the healthcare industry. The company's flagship product, ORLocate®, is an automated RFID based system that is designed to help hospitals improve patient safety and improve operational efficiency in both the operating room and the sterile processing department. ORLocate® suite of products is the only commercially available solution that monitors and tracks surgical instruments and consumables, including sponges, on an individual basis before, during, and at the conclusion of a surgical procedure. ORLocate® products offer an advanced solution for inventory tracking and asset and life-cycle management of surgical instruments and sponges.
Headquartered in Hod-Hasharon, Israel, Haldor has offices in Europe, the Middle East, and North America alongside a network of partners in North America, Europe, and Asia Pacific.

About Hill-Rom

Hill-Rom is a leading global medical technology company with 10,000 employees worldwide.
We partner with health care providers in more than 100 countries by focusing on patient care solutions that improve clinical and economic outcomes in five core areas: Advancing Mobility, Wound Care and Prevention, Clinical Workflow, Surgical Safety and Efficiency, and Respiratory Health. Around the world, Hill-Rom's people, products, and programs work towards one mission: Every day, around the world, we enhance outcomes for patients and their caregivers.

Visit www.hill-rom.com for more information.

Haldor Advanced Technologies Hill-Rom
Dan Zeeli, Vice President, Corporate Development Howard Karesh, Vice President, Corporate Communications
416-875-0974 312-819-7268
dan@haldor-tech.com Howard.Karesh@hill-rom.com


RWeb Press Release