Steelcase and Henry Schein Partner to Offer Equipment and Furniture Products to Dental, Medical and Veterinary Offices

Date : 08/16/2004 @ 9:01AM
Source : PR Newswire
Stock : Henry Schein (MM) (HSIC)
Quote : 44.07  -1.19 (-2.63%) @ 4:58PM
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Steelcase and Henry Schein Partner to Offer Equipment and Furniture Products to Dental, Medical and Veterinary Offices

Steelcase and Henry Schein Partner to Offer Equipment and Furniture Products to Dental, Medical and Veterinary Offices Preferred Supplier Relationship Expected to Increase Steelcase's Product Penetration in the United States and Canada Through Henry Schein's Extensive Sales Network

GRAND RAPIDS, Mich., Aug. 16 /PRNewswire-FirstCall/ -- Steelcase Inc.

(NYSE:SCS), a global office environments manufacturer whose offerings help individuals work more effectively and organizations use space more efficiently, and Henry Schein, Inc. (NASDAQ:HSIC), the largest distributor of healthcare products and services to office-based practitioners in the combined North American and European markets, today announced a new distribution arrangement. Under the new agreement, Henry Schein will distribute Steelcase's products to dental, medical and veterinary practices throughout the United States and Canada.

Healthcare practitioners may now purchase Steelcase products, including seating, desking and computer support systems, from Henry Schein's extensive network of field sales, telesales and Internet sales support resources.

"Henry Schein's outstanding reputation for service and close relationship with 450,000 healthcare practitioners will enable us to reach new customers with Steelcase products in markets we are not currently serving," said Frank Merlotti, president, Steelcase North America. "It represents our continued focus on penetrating new markets, creating new products and developing new approaches that strengthen our business."

"We are delighted to add Steelcase to our list of premier partners," said Stanley M. Bergman, Chairman, CEO and President of Henry Schein. "Our customers have relied on us for years to provide supplies, equipment and technology in the clinical settings of their practices. With this extensive line of Steelcase products, we are expanding our offering to other areas of our customers' practices, and strengthening our position as a total value solutions provider."

About Steelcase Inc.

Steelcase Inc. helps individuals and organizations around the world to work more effectively by providing knowledge, products and services that enable customers and their consultants to create work environments that integrate architecture, furniture and technology. Founded in 1912 and headquartered in Grand Rapids, Michigan, the company has led the global office furniture industry in sales every year since 1974. Its product portfolio includes interior architectural products, furniture systems, technology products, seating, lighting, storage and related products and services. Fiscal 2004 revenue was approximately $2.3 billion. Steelcase Inc. and its subsidiaries have dealers in more than 900 locations, manufacturing facilities in over 35 locations and approximately 14,000 employees around the world. The company's Class A Common Stock trades on the NYSE under the symbol SCS. Visit Steelcase at http://www.steelcase.com/.

About Henry Schein

Henry Schein, a Fortune 500(R) company, is recognized for its excellent customer service and highly competitive prices. The Company's four business groups-Dental, Medical, International and Technology-serve more than 450,000 customers worldwide, including dental practices and laboratories, physician practices and veterinary clinics, as well as government and other institutions.

The Company's sales reached a record $3.4 billion in 2003. The Company operates through a centralized and automated distribution network, which provides customers in more than 125 countries with a comprehensive selection of over 90,000 national and Henry Schein private-brand products.

Henry Schein also offers a wide range of innovative value-added practice solutions, including such leading practice management software systems as DENTRIX(R) and Easy Dental(R) for dental practices, and AVImark(R) for veterinary clinics, which are installed in over 50,000 practices; and ArubA(R), Henry Schein's electronic catalog and ordering system.

Headquartered in Melville, N.Y., Henry Schein employs more than 9,000 people in 16 countries. For more information, visit the Henry Schein Web site at http://www.henryschein.com/.

DATASOURCE: Steelcase Inc.

CONTACT: Jeanine Hill of Steelcase Inc., +1-616-698-3765,

Web site: http://www.steelcase.com/

http://www.henryschein.com/

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