STAT Technologies and FDI Merger Announced

FOR IMMEDIATE RELEASE

Golden Valley, MN— December 22, 2021—STAT-Technologies, Inc., a leader in point of care medical supply distribution, today announced that it has closed on its merger with FDI Medical, of Natick, MA, an industry leader in Wellness Medical Distribution which is widely known for expertise in the hospital and health promotion marketplace.

“The FDI team is world class, and is passionate about the same things we are—consulting with customers to make the best point of care medical test purchases possible. Like STAT-Technologies, FDI selected the highest quality products to distribute to their customers and provides exceptional customer service. In an increasingly competitive and specialized environment, “By combining our operations and staff we significantly expand our product offerings and access to resources for our customers”. In addition, Greg Lunt, who has been our friend for 20 years, and the FDI sales staff will be staying on with us to ensure a smooth transition and continued growth, stated Perry Witkin, President of STAT-Technologies.

“The healthcare industry is advancing faster than ever before, so constant improvements and access to economies of scale in including supply chain, warehousing, and financing is a priority for us. Having the ability to better serve all of our customers was a driving factor for our Merger with STAT-Technologies”, said Greg Lunt, President of FDI Medical”.

More details about the acquisition will be provided on the STAT-Technologies website in coming weeks at www.stat-technologies.com.

About Stat-Technologies.
Stat Technologies, Inc. is the leading Medical Health and Wellness distributor, specializing in Point of Care and CLIA Waived technology and experts in Wellness Screening technology and supplies. In addition to distribution, Stat provides complete fulfillment services, including perhaps the largest rental fleet of cholesterol testing technology in the industry. For more information visit http://www.stat-technologies.com

About FDI
FDI Medical was established in 1984, to serve a network of Hospital, Clinic and Independent Screening Companies who would service the preventative health testing needs of their service populations. Over the years the FDI customer base has grown to include Hospitals, Health Departments, Pharmacies, Physicians, Universities, Military bases, Clinics, Corporate Wellness Centers, and a broad range of Independent Screening Companies.  FDI has been dedicated to providing a wide range of high-quality preventative and diagnostic health testing products.