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Haemonetics Announces Signing of Supply Agreement with HemeXcel at J.P. Morgan Health Care Conference
Date:1/12/2014

BRAINTREE, Mass., Jan. 12, 2014 /PRNewswire/ -- Haemonetics Corporation (NYSE: HAE) today announced that it has entered into a multi-year agreement to supply the HemeXcel Purchasing Alliance LLC with certain whole blood collection components on an exclusive basis during calendar years 2014-2016.  The announcement was made in conjunction with the 32nd Annual J.P. Morgan Health Care Conference in San Francisco.   

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"We are very pleased with our selection by HemeXcel to meet their needs for whole blood collection products," said Brian Concannon, Haemonetics' President and CEO.  "We appreciate their confidence in our ability to deliver high quality products and services economically. Our commitments to them are a continual stream of differentiating new products and best-in-class customer service. The investments we've made over the past two years have resulted in a robust new product pipeline, positioning us well to bring meaningful differentiation and economical solutions to our whole blood customers."

HemeXcel representative George "Bud" Scholl, Executive Vice President of OneBlood, added: "By partnering with Haemonetics, we are able to offer transfusion care of the highest quality for patients, while maximizing the monetary value of our annual spend.  Beyond these immediate benefits, we value Haemonetics' relationship with major hospitals and we look forward to working together to advance patient blood management."

Haemonetics indicated that this incremental business volume will not have a material impact on fiscal 2014 revenue or earnings.  Considered together with a smaller recent U.S. tender that was not award
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SOURCE Haemonetics Corporation
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