Mediwatch USA Inc. Awarded US General Service Administration Federal Supply Schedule Contract
Mediwatch plc ("Mediwatch" or "the Company") (AIM: MDW), the innovative urological diagnostic manufacturing company, announces that its wholly owned subsidiary, Mediwatch USA Inc. has been awarded a multi-year Federal Supply Schedule Contract by the US Government's General Services Administration (GSA). The GSA Federal Supply Schedule Contract will allow Mediwatch USA Inc. the opportunity to tender for contracts with the US Government to provide equipment, supplies and services.
Under the GSA Federal Supply Schedule Contract, Mediwatch USA Inc. will be able to tender for contracts from 15 December 2010 to 15 September 2013. The Federal annual requirement for pelvic floor products and services is estimated to be approximately $34 million. Under this contract Mediwatch will be able to tender for products in this sector.
Philip Stimpson, Chief Executive Officer of Mediwatch commented:
"Mediwatch is proud to have the opportunity to market to the US Government's hospitals and institutions. Moving into the US government sector on a contract basis is a key and integral part of Mediwatch USA Inc.'s planned growth strategy."
Mediwatch will also qualify to contract for various unrestricted, small business opportunities, which are specifically set aside for smaller businesses and offered by the Federal Government for health care equipment, per diem, staffing and services.
Commenting specifically about these opportunities, Philip Stimpson stated:
"Mediwatch USA Inc. is ready to take the lead as a contractor on many of the small business set aside requirements issued by the Department of Defense and the Department of Veterans Affairs' health care systems."
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