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MADISON HEIGHTS, Mich., March 10, 2011 (GLOBE NEWSWIRE) -- InfuSystem Holdings, Inc. (NYSE Amex:INFU), the leading national provider of infusion pumps and related services, announced today that it has acquired Michigan-based Star Infusion and Compression Therapies LLC ("Star Infusion"). Star Infusion is a provider of ambulatory infusion pumps and related services to oncologists in Michigan and Ohio.
Sean McDevitt, Chairman and CEO of InfuSystem, said, "Star Infusion has developed a loyal customer following and we welcome those oncology practices and their patients to InfuSystem. We are very pleased with the synergies this acquisition provides and it further solidifies and enhances InfuSystem's leading national position in the ambulatory infusion market."
The acquisition, which was for cash, is not expected to materially impact the Company's fiscal 2011 consolidated financial performance. Further details of the acquisition were not disclosed.
About InfuSystem Holdings, Inc.
InfuSystem Holdings, Inc. is the leading provider of infusion pumps and related services to hospitals, oncology practices and other alternate site healthcare providers. Headquartered in Madison Heights, Michigan, the company delivers local, field-based customer support, and also operates Centers of Excellence in Michigan, Kansas, California, and Ontario, Canada. The company's stock is traded on the NYSE Amex under the symbol INFU.
Additional information about InfuSystem Holdings, Inc. is available at www.infusystem.com .
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