AccuVein Signs Exclusive Distribution Agreement in India to Sell Vein Illumination Device

Cold Spring Harbor, NY, May 18, 2010 – AccuVein today announced it had signed an exclusive distribution agreement with the Medipath Division of Morepen Laboratories to sell the AV300 vein finder in India. With this new agreement AccuVein has now signed 30 distributors worldwide.

The AccuVein AV300 helps healthcare professionals locate veins for blood draw, IV infusion and blood donation by projecting a pattern of light on patient’s skin that reveals the position of underlying veins.  This 10-ounce, hand-held device is available with a range of hands-free options so that it can quickly free the practitioner’s hands to perform the venipuncture.

“India is a country of over 1 billion people where emphasis on quality healthcare continues to rise,” pointed out AccuVein VP of Marketing Vinny Luciano. “We are excited to have Morepen on board.  They have an established track record in providing high-quality medical products to hospitals and other healthcare providers in India, and the AV300 should help these facilities improve patient care and reduce costs.”

About AccuVein

AccuVein is a global leader in medical imaging solutions. Its breakthrough product, the AV300, allows health care professionals to see a map of peripheral veins on the skin’s surface with the goal of improving venipuncture and other vascular access procedures. The AV300 is the world’s only handheld, non-contact vein illumination solution. It is built on AccuVein’s proprietary technology as embodied in its growing patent portfolio that covers a broad range of imaging and medical diagnostic technologies. It is in use at more than 1000 hospitals and available for sale in 88 countries. For more information please visit www.accuvein.com

For more information on AccuVein’s AV300, please visit www.accuvein.com

About Medipath Division of Morepen Laboratories Limited

Recognizing the requirement of innovative and technologically advanced diagnostic products in India, Morepen created “Medipath” 8 years ago; an entity for marketing of medical devices and clinical diagnostic products.  Medipath focuses on exploring and developing the business with the core strategy of consistently offering unique and high end technologies to its customers, backed-up by an impeccable service and customer support system. In its past several years of operation, this division has created a niche for itself, in the medical diagnostic and equipment industry, by introducing many innovative and revolutionary clinical; home diagnostics and technology driven products in India. The product range in the Diagnostic segment includes Pregnancy test, Hepatitis test, HIV Test, Urine strips, Coagulation analysers and reagents, ELISA instruments and infectious marker kits, and a rapid Malaria detection kit “Care Start” (manufactured by Access Bio LLC, USA).

The Home Health range includes BP monitors (of various types), Blood Glucose Monitors, Nebulisers, Thermometers Weighing scales etc.

In line with their vision of introducing newer technologies and niche products in India, they secured the Exclusive Distribution rights for AccuVein AV300.