AOTIAssociation of Occupational Therapists of Ireland
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By working together, SeQual gains immediate access to the well-respected and experienced AOTI organization.
Through this arrangement, AOTI will utilize products that are part of PerkinElmer's GC portfolio, including the Clarus([R]) GC range of solutions, and leverage PerkinElmer's expertise in the Arnel line of analyzers, complementing Alpha Omega's application suite and providing a full spectrum of solutions for the petrochemical industry.
NYSE:NOV) announced a definitive agreement for the merger of AOTI with a wholly-owned subsidiary of NovaCare.
Meyers concluded, "We continue to believe that the O&P marketplace offers significant opportunities for growth, and that AOTI is well-positioned to continue to expand its industry presence.
Meyers continued, "Our contract with UNMH makes AOTI the exclusive provider of O&P services on both an inpatient and outpatient basis.
As a result of this acquisition, AOTI is now the largest single-source provider of O&P services in the New York metropolitan area which makes us an attractive partner for managed care companies.
Meyers concluded, "We are also very pleased that Steven Goldstein, President of Med-Tech and Marc Waldman, Vice President of the company, have joined AOTI.
Meyers, President and Chief Executive Officer of AOTI, commented, "Adhering to our program of seeking strategic acquisitions in targeted regions, this transaction, once completed, will greatly increase AOTI's geographic coverage in our downstate New York region through the addition of offices in Queens, Manhattan, the Bronx and Rockland counties.
Meyers, President and Chief Executive Officer of AOTI commented, "We are very pleased to announce Mr.
Nasdaq Small Cap Issues: AOTI) ("AOTI") today announced that it has signed an agreement with Health Insurance Plan of Greater New York ("HIP") under which AOTI will be the preferred provider of orthotic and prosthetic ("O & P") services to HIP members in Nassau and Suffolk counties on Long Island and Queens, New York.
Meyers, President and Chief Executive Officer of AOTI, commented, "The improvement in sales, operating income and net income is due primarily to the Company's 11% internal growth for the quarter, as well as the inclusion of sales from Clayton Prosthetics and Orthotics which was acquired in April 1994.
Meyers, President and Chief Executive Officer of AOTI, commented, "Looking forward to 1995, we expect the operating results will improve over those of 1994 as we further integrate the acquisitions made in 1993 and 1994.