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 News Release - November 29, 2018

Millar Announces Discontinuation of CD Leycom Distribution Agreement

New Strategy Allows Company to Sharpen Focus on OEM Pressure Sensing Technology Millar, Inc. Logo (PRNewsFoto/Millar, Inc.) (PRNewsfoto/Millar, Inc.)

HOUSTON, Nov. 29, 2018 -- (Healthcare Sales & Marketing Network) -- Millar, Inc., medical device manufacturer and OEM innovation partner, announced today that the company will end its distribution agreement with CD Leycom, manufacturer of the clinical Inca® Pressure-Volume (PV) Loop System, on December 31, 2018. Millar has been the exclusive distributor within North America for CD Leycom since November 2013.

The CD Leycom Inca PV System supports an inspiring group of clinical innovators who strive to better understand heart failure and improve medical outcomes through in-depth hemodynamic analysis. The system is primarily utilized for clinical research to better understand cardiovascular function by analyzing over 50 physiological parameters. Millar has had the privilege of working alongside these influencer groups and has impacted the growth of clinical PV Loop awareness and adoption in the United States over the past 5 years.

After many years of providing clinical PV products to its customers, Millar made the decision to exit this partnership with much difficulty. The company has the utmost confidence in the technology and that CD Leycom will continue to lead the way in integrating PV loops into routine procedures at Cardiovascular Centers of Excellence.

Millar continues to direct substantial focus to the OEM division to support medical innovation through MEMS pressure sensor integration into medical devices. The company's vision is to have a greater impact on medical advancement by partnering with other innovative companies to bring MEMS pressure technology to a wider customer base.

Patrick Sullivan, National Sales Manager at Millar, will transition to CD Leycom as their Director of Sales – North America. Patrick has been instrumental in growing the Inca System market in the United States and will provide a seamless transition for existing and prospective customers.

About Millar, Inc.

Since 1969, Millar, Inc., headquartered in Houston, Texas, has led the development of catheter-based, solid-state pressure sensors and is known worldwide as the leader in MEMS pressure sensors that advance medical understanding. Millar OEM serves the medical device and life sciences industries through our MEMS pressure sensors, ISO 13485 precision manufacturing and wireless pressure technology, resulting in cost savings and rapid time to market for device integration. http://millaroem.com

About CD Leycom

CD Leycom designs and develops medical devices for the continuous real-time measurement of cardiac function and performance for both humans and animals. In addition to intra-ventricular volume, a high-fidelity pressure signal is recorded simultaneously to produce continuous, real-time illustrations of pressure-volume loops (i.e. PV loops), widely recognized as the "Gold Standard" of cardiac function and performance. In fact, CD Leycom provides the world's only clinical pressure-volume loop system, The Inca®, which is both FDA approved and CE marked. For more information, please visit CD Leycom's website: http://www.cdleycom.nl/


Source: Millar

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