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Touch Bionics signs U.S. distribution agreement with SPS

Orlando, Florida and Livingston, Scotland - February 28, 2008 - Direct and indirect sales momentum gathers for the i-LIMB Hand. Touch Bionics, developer of the world's first commercially available bionic hand, and SPS (Southern Prosthetic Supply) the leading U.S. O&P distributor today announced that they have agreed on terms for a distribution agreement for the i-LIMB Hand in the United States. While Touch Bionics will continue to offer the product directly to U.S. clinics through its expanding direct U.S. sales force, the sales, marketing and distribution channels of SPS will further expand the commercial success of the widely acclaimed i-LIMB Hand.

"This agreement will provide us with a tremendous boost to our business-development capabilities in the U.S., and SPS' industry connections will allow us to reach a far greater number of practitioners across the country," said Touch Bionics CEO Stuart Mead. "Of course, Touch Bionics' direct sales focus in the region remains undiminished, and we continue to expand our presence in this regard, establishing new relationships with O&P practitioners to help bring the benefits of the i-LIMB Hand to U.S. patients."

SPS is a leading O&P distributor, with more than 55 years of service in the orthotics and prosthetics industry. SPS has four major distribution facilities located in Atlanta, Dallas, Middletown, PA and Paso Robles, CA.

"SPS is delighted to have secured the U.S. distribution rights to such an exciting product. This agreement is a continuation of SPS' efforts towards providing the very newest technologies to our O&P customers. Our role as a distribution partner with Touch Bionics will be to assist in providing market introduction, clinical education and delivery of the i-LIMB system to the U.S. Prosthetic Community," said SPS President, Ron May.

Today's announcement was made at the annual meeting of the American Academy of Orthotists and Prosthetists (AAOP), being held in Orlando, FL, where both companies are exhibiting.

Touch Bionics is exhibiting its i-LIMB system on the exhibit floor in the Grand Sierra Ballroom in booth 1117.

SPS will be exhibiting the i-LIMB system in its booth #73-#77, 140-144 in the Grand Sierra Ballroom. SPS will be scheduling in-house product demonstrations of the i-LIMB hand at its booth.

For more information, please visit www.academyannualmeeting.org

About Touch Bionics

Touch Bionics is a leading developer of advanced upper-limb prosthetics. In 2007, Touch Bionics brought to market the i-LIMB Hand, a first-to-market prosthetic device with five individually powered digits. The company continues to develop leading-edge technologies for the treatment of patients with upper-limb deficiencies. For more information, visit www.touchbionics.com

About SPS

Headquartered in Alpharetta, GA, Southern Prosthetic Supply (SPS) ranks #1 in orthotics and prosthetics distribution in North America, and the world. Fifty-five years of experience, coupled with four distribution facilities totaling 115,000 sq. ft. stocked with nearly 320,000 product's, enables the company to offer 1-2 day delivery of the finest O&P products to its U.S. customer base. Website: www.spsco.com and online purchasing via estore.spsco.com.

Media contact for Touch Bionics:

  • Linda Forrest
  • inmedia Public Relations Inc.
  • Tel: 613 234 7227 x234
  • Email: [email protected]

Media contact for SPS:

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