InterMetro announces sale of Health Care Technology Business to TouchPoint, Inc.

Wilkes-Barre,

Chicago, Milan, and Concordville (June 1, 2016) InterMetro Industries Corporation (Metro), an Ali Group company, announced that it has sold its Healthcare Technology business to TouchPoint, Inc, effective June 1. The Metro Healthcare Technology products include AccessPoint™ and Flo® computer carts, AccessPoint™ Rx MD mobile medical dispensing carts, the AccessCenter™ and MedDispense® automated dispensing machines and the MetroMount™ wall mounting systems.

With this acquisition, TouchPoint, Inc. has formed TouchPoint Medical, a new business platform incorporating these newly acquired assets and its existing successful Medical Technology businesses.

TouchPoint Medical is a leading global provider of innovative and intelligent hardware and software solutions that enable the safe, efficient and effective delivery of outstanding patient care. In addition to the newly acquired Healthcare Technology business from Metro, TouchPoint Medical includes ITD, a global leader in stationary and mobile carrier systems for medical technology, as well as Vanas Medical Storage  Solutions and Mediwell Systems Ltd., European leaders in medical vending and dispensing solutions.

This acquisition will expand TouchPoint Medical’s product offerings to include mobile computing workstations and automated dispensing equipment used at the point of care in a variety of healthcare settings including hospitals, long term and acute care, senior and assisted living, rehabilitation centers and other medical facilities with an in-house pharmacy. These workstations can equip caregivers with patient information and, in some versions, medication at the bedside. The ability to provide bedside care improves patient safety and overall experience while also increasing workplace efficiency and accuracy by reducing the amount of patient transport required.

“We are excited for this opportunity as it allows Metro to focus on our core business growth while it allows TouchPoint Medical to continue the strategic expansion of their healthcare business”, said John Nackley, President & CEO of InterMetro. Nackley further stated “this also ensures that we are strategically aligned with our parent company, the Ali Group, and allows for the significant growth of our core categories and markets”. Brian McNeill, President and CEO of TouchPoint said “The creation of TouchPoint Medical brings together an outstanding team of resources throughout the world with the passion to dramatically improve the environment and experience for both healthcare professionals and their patients. Looking forward, we will seek to align and leverage our resources to deliver greater value for our global medical customers, while tangibly enhancing the quality of care that healthcare professionals provide to their patients.”

About TouchPoint

TouchPoint is a privately held, diversified global growth company based in Concordville, PA. TouchPoint focuses on acquiring and building niche, high growth manufacturing businesses where technology and human touch points make a tangible difference to the end user. The current TouchPoint portfolio is made up of an Access Hardware Platform, anchored by Southco, a Medical Technology Platform, including ITD, AccessPoint and Vanas Medical, and an Intelligent Vending Platform consisting of Supply Point Systems. In total, TouchPoint companies have over 3,600 employees in 24 countries and serve in excess of 80 thousand customers in nearly 100 countries throughout the world.

For more information, visit http://www.touchpointinc.com

About InterMetro

For more than 86 years, InterMetro has been the world’s leading manufacturer of storage, transport and technology solutions for the foodservice, healthcare and commercial products markets. Committed to understanding the needs of customers and channel partners, Metro provides innovative solutions that optimize space, improve workflow and user efficiency. Metro has been a business unit of the Ali Group since 2015, and with the completion of the Metro Healthcare Technology products transaction, is focused on further building its leadership position in its core businesses and markets.

For more information, visit http://www.metro.com

About the Ali Group

Founded in 1963 by Luciano Berti, the Ali Group is an Italian corporation with headquarters located in Milan, Italy and North American operations based in Chicago, Illinois. The company, through its subsidiaries, designs, manufactures, markets and services a broad line of commercial and institutional foodservice equipment used by major restaurant and  hotel chains, independent restaurants, hospitals, schools, airports, correctional institutions and canteens.

The Ali Group and its 77 global brands employs over 10,000 people in 33 countries and, in terms of sales, is one of the world’s two largest groups in this industry. It has 58 manufacturing facilities in 14 countries and sales and service subsidiaries throughout Europe, North America, South America, the Middle East and Asia Pacific.

For more information on Ali Group products and services, visit www.aligroup.com

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