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Ultralife gets OK to begin shipments under $6.7M medical cart contract

Rochester Business Journal
December 23, 2013

Ultralife Corp. said Monday it has received final certification for its newly developed medical cart battery and intelligent power supply system. It will begin initial shipments this month under an expanded supplier agreement with Texas-based Scott Clark Inc., a provider of medical carts.

The original agreement called for shipments until May 2015; the expanded agreement extends the term until September 2016 and increases the initial contract value from approximately $1.6 million to $6.7 million.

Under the agreement, Scott Clark is combining Ultralife's battery and intelligent power supply system with its own medical carts for sales to hospitals and other medical institutions worldwide. It also plans on marketing Newark, Wayne County-based Ultralife's battery and intelligent power supply system to other medical cart original equipment manufacturers.

"Over the past 18 months, our new products engineering team has been collaborating with the Scott-Clark team to develop a first-class flexible solution with continuous mobile power to serve both new production and retrofit opportunities in the medical cart industry,” said Michael Popielec, Ultralife's president and CEO. "This technically advanced application of our multi-kilowatt module platform is a clear demonstration of our strategy to leverage the proven military-grade reliability of our batteries and chargers to diversify our business into commercial markets."

 (c) 2013 Rochester Business Journal. To obtain permission to reprint this article, call 585-546-8303 or e-mail service@rbj.net.
 






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