Swisslog Announces Group Purchasing Agreement with MAGNET for Pneumatic Tube Systems and Pharmacy Automation Solutions

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Swisslog to offer pneumatic tube systems and pharmacy automation solutions to MAGNET member healthcare organizations.

Swisslog, a leading provider of automated materials transport and pharmacy automation solutions for hospitals, today announced that it has renewed its group purchasing organization agreement with MAGNET, Inc.

The three-year agreement, which becomes effective April 1, 2010, will give MAGNET member facilities access to contracted pricing and exclusive benefits through Swisslog for pneumatic tube system components, accessories and software. MAGNET members will also benefit from contracted pricing for pharmacy automation technology, including Swisslog’s PillPick® automated drug management system, BoxPicker automated drug storage & retrieval system, as well as the ATP line of high-speed tablet packagers.

“Swisslog is renewing its six-year relationship with MAGNET to provide its hospital members access to a wider line of pharmacy automation solutions and light-load materials transport solutions,” said Jim Patrician, senior vice president of Swisslog Healthcare Solutions. “Our pneumatic tube systems offer hospitals outstanding reliability and a speedy return-on-investment by reducing manual transport tasks and returning staff to patient-relevant tasks.”

Swisslog Healthcare Solutions is the leading supplier of logistics automation solutions for healthcare facilities. Swisslog has installed automated materials transport and pharmacy automation systems in more than 3,000 hospitals and pharmacies around the world, including more than 2,000 in North America. Swisslog offers total systems design, manufacturing, installation and customer support providing a complete supply chain management approach to the logistics challenges of hospitals. The North American division of Swisslog Healthcare Solutions is based in Denver, Colo.

About MAGNET Cooperative, Inc.

Located in Mechanicsburg, Pa., MAGNET (Mid-Atlantic Group Network of Shared Services) http://www.magnetgroup.com, through it’s Member Organizations (HCSC, JPC / CSC, CHA SSP, MONOC and SOHCA) has served hospitals, alternative care facilities, and physician practices and clinics since 1979, bringing quality products and cost advantages to their participating facilities. MAGNET’s participating facilities include more than 600 acute-care hospitals, nearly 800 long-term care facilities, more than 7,200 physician offices and clinics, and more than 700 residential/assisted living centers and other allied providers.

About Swisslog

Swisslog is a global provider of integrated logistics solutions for warehouses, distribution centers and hospitals. Its comprehensive services portfolio ranges from building complex warehouses and distribution centers to implementing Swisslog's own software to intra-company logistics solutions for hospitals.
Swisslog’s solutions optimize customers’ production, logistics and distribution processes in order to increase flexibility, responsiveness and quality of service while minimizing logistics costs. With years of experience in the development and implementation of integrated logistics solutions, Swisslog provides the expertise that customers in more than 50 countries rely on.

Headquartered in Buchs/Aarau, Switzerland, Swisslog currently employs over 2,000 staff in about 20 countries worldwide. The group’s parent company, Swisslog Holding AG, is listed on the SIX Swiss Exchange (security number: 1232462, Telekurs: SLOG, Reuters: SLOG.S). For more information, visit http://www.swisslog.com.

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CHARLES WARREN
Swisslog
303-373-7923
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