Compumedics signs distribution agreement in Germany 14:43, Thursday, 7 June 2007
Sydney - Thursday - June 7: (RWE Australian Business News) - Compumedics Ltd (ASX code: CMP) has completed an agreement with German company MPV Truma for the distribution of Compumedics's core sleep diagnostics products in Germany. MPV Truma will add Compumedics's award-winning Somte, Somnea, Siesta, Safiro, E-Series, and Profusion PSG products to its suite of offerings in the German market. The agreement will provide Compumedics with a minimum of $3.8 million sales over three years of these products. "An initial order has already been placed to exploit the German market potential," directors said. Shares in Compumedics traded steady at 12c today.
CMP Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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