BETHEL, Conn., March 25 MedClean Technologies (OTC Bulletin Board: MCLN), the leading provider of onsite technology for the treatment and disposal of medical waste and the destruction of confidential documents and related media, announced today a co-marketing agreement with Green Umbrella Solutions, a premier provider of innovative technology and services for HIPAA document destruction and recycling.
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"The combination of Green Umbrella's full service HIPAA document destruction and recycling capabilities, coupled with MedClean's industry leading sterilization and waste reduction technology, further strengthens and broadens our green capabilities in the marketplace," commented Dave Laky, President and CEO of MedClean Technologies, Inc. "Working together the two companies combine to provide a unique one stop shop green solution that serves a common set of customers in the health care community who appreciate the benefits of lower costs, less risk, and higher quality when compared to traditional offsite hauling solutions. We anticipate additional access to health care opportunities through this relationship, enabling MedClean to achieve its objective for more than 100% compounded annual revenue growth over the next five years."
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John Ulitsch, Green Umbrella Solutions, added, "Our customized, full-service solutions complement MedClean's onsite medical disposal technology, reducing our customers costs and enhancing their green profile through recycling. In addition, both organizations are now positioned to establish a single, full-service contract with our customers and with Group Purchasing Organizations (GPO) that will maximize costs savings while ensuring optimal operational productivity. We look forward to a long, mutually rewarding relationship that improves the quality of life for all of us."
About Green Umbrella Solutions
Green Umbrella Solutions, headquartered in Atlanta, GA is the most environmentally sound, cost effective, document shredding company in the world. As an industry leader, we offer our partners tailor-made, affordable solutions without compromising quality, the integrity of confidential information, or the environment. By strictly adhering to industry security standards, our partners are guaranteed the highest level of document protection each and every time. To learn more, visit www.greenumbrellasolutions.com.
About MedClean Technologies, Inc.
MedClean Technologies, Inc. is a provider of innovative technology and services for the onsite treatment and disposal of regulated medical waste. MedClean's flagship MedClean® Series systems are fully integrated, turnkey technology solutions that enable hospitals and other healthcare providers to safely, efficiently, and cost-effectively convert bio-hazardous regulated medical waste into sterile, unrecognizable material suitable for disposal as municipal solid waste. MedClean was founded in 1997 with corporate headquarters, research and development and distribution facilities located in Bethel, Connecticut. Further, information on MedClean can be found at www.medcleantechnologies.com and in filings with the Securities and Exchange Commission found at www.sec.gov.
Statements about our future expectations are "forward-looking statements" within the meaning of applicable Federal Securities Laws, and are not guarantees of future performance. When used herein, the words "may," "will," "should," "anticipate," "believe," "appear," "intend," "plan," "expect," "estimate," "approximate," "potential" and similar expressions are intended to identify such forward-looking statements. These statements involve risks and uncertainties inherent in our business, including those set forth in our most recent Annual Report on Form 10-K for the year ended December 31, 2009, filed with the SEC on March 3, 2010, and other filings with the SEC, and are subject to change at any time. Our actual results could differ materially from these forward-looking statements. We undertake no obligation to update publicly any forward-looking statement.
Contact: Cameron Donahue Hayden IR (651) 653-1854
SOURCE MedClean Technologies, Inc.
