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Cardinal Health Announces New Name for Spinoff Company
Date:2/16/2009

DUBLIN, Ohio, Feb. 16 /PRNewswire-FirstCall/ -- Cardinal Health, a global provider of products and services that improve the safety and productivity of health care, has selected a name for the medical technology company that will be formed through the proposed spinoff of its Clinical and Medical Products businesses.

The new company will be named CareFusion(R), reflecting a diverse blend of medical technologies the company will offer to improve the safety and quality of care. From infusion and medication safety technologies to respiratory equipment, automated medical supply dispensing and infection prevention offerings, CareFusion(R) will be the largest medical technology company with a singular focus on patient safety. The new company expects to trade on the New York Stock Exchange under the ticker symbol CFN.

"CareFusion(R) is a name that clearly communicates our ability to bring together technologies that improve patient safety and streamline the care process," said David Schlotterbeck, Cardinal Health vice chairman and future chief executive officer of CareFusion(R). "Not only will CareFusion(R) be an immediate market leader in medication safety and infection prevention, we will put a substantial emphasis on innovation and clinical differentiation to continue to serve this growing segment of the global health care industry. Patient safety has always been a moral obligation for hospitals, but with payors creating additional financial incentives to reduce errors, improving safety has become an economic mandate."

The new company will be headquartered in San Diego and is anticipated to generate approximately $4 billion in annual revenue(1), by delivering clinically differentiated products and services that improve the productivity and safety of health care across the globe. With more than 13,000 employees globally, CareFusion(R) will serve customers in 120 countries with market-leading techn
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SOURCE Cardinal Health
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