TAMPA, Fla., Sept. 1, 2011 (GLOBE NEWSWIRE) -- SRI/Surgical Express, Inc. (SRI Surgical) (Nasdaq:STRC), a leading provider of reusable surgical device reprocessing services supporting the healthcare industry, today announced the renewal of its contract with Rex Healthcare of Raleigh, North Carolina. Under the terms of the contract, SRI Surgical will continue to provide supply chain management services, including surgical instrument processing and physician-specific procedural case cart delivery. The SRI Surgical case carts will include all med-surg supplies, including SRI Surgical's reusable surgical linen, used during a surgical procedure as well as high-quality surgical instrumentation. Processing of all surgical instruments will continue to take place in the SRI Mebane, NC facility or the Central Sterile Processing department at Rex Healthcare managed by SRI. The contract will commence on September 1, 2011.
Rex Healthcare, a member of UNC Health Care, is a private, not-for-profit health care system with 5,000 co-workers. Rex Healthcare has 665 beds (433 general acute care and 226 skilled nursing beds) and treats nearly 34,000 inpatients each year. More than 1,100 physicians are on the Rex medical staff. Over 40,000 surgeries and births are performed annually.
"We are excited to continue our relationship with SRI Surgical," said Rex Associate Vice President of Surgical Services Jayne Byrd. "Our ten plus year partnership has allowed us to grow our surgery program focusing on patient care while SRI has provided quality surgical supply chain services and products. We expect to continue to enjoy high levels of surgeon and staff satisfaction as a result of this agreement."
Gerald Woodard, CEO of SRI Surgical, added, "We are excited to continue to serve Rex Healthcare and the Raleigh community with our reusable medical device reprocessing and reusable surgical linen. We are committed to the continued success of Rex Healthcare while providing a positive environmental impact to the communities they serve."
About SRI Surgical
SRI Surgical (www.srisurgical.com) provides central processing and supply chain management services to hospitals and surgery centers across the United States. SRI Surgical serves hospitals and surgery centers in 25 states from 10 reprocessing facilities and four distribution centers located throughout the United States.
The SRI/Surgical Express, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=4997
Forward-Looking Statements
The statements in this press release that are not historical, including statements regarding SRI Surgical's beliefs, expectations, and strategies, constitute "forward looking statements" within the meaning of the federal securities laws. These statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements. Important factors that could cause the differences are discussed in SRI Surgical's reports on Forms 10-Q, 10-K, and 8-K that the Company periodically files with the Securities and Exchange Commission. These factors include SRI Surgical's sales process and market acceptance of its products and services, SRI Surgical's capital needs, SRI Surgical's dependence on significant customers and suppliers, risks of a new product offering, risks that SRI Surgical may incur significant costs related to self-insurance retention levels for employee benefits and workers' compensation programs, and the competitive healthcare marketplace. SRI Surgical does not undertake to update any forward-looking statements in this press release. Copies of SRI Surgical's SEC filings, including its annual report on Form 10-K and quarterly reports on Form 10-Q, may be obtained by contacting SRI Surgical's investor relations department at (813) 891-9550 or at the Investors section of the SRI Surgical Website at www.srisurgical.com.