American Medical Technologies ("AMT") announced that it has entered into a dealer distribution agreement with Sullivan-Schein Dental, part of the $2.6 billion Henry Schein Company. Sullivan-Schein Dental is now promoting American Medical Technologies' dental products through their nationwide sales force.
"We are excited about working with Sullivan-Schein Dental, a recognized leader in the dental industry," said Roger Dartt, AMT's chief executive officer. "This partnership allows us to expand our sales opportunities and our growth plans for the future. This is a key part of AMT's overall restructuring plan."
In June 2002 American Medical Technologies announced a restructuring plan to reduce operating expenses and adapt to current market conditions. As part of the restructuring plan, AMT discontinued its direct sales approach and entered into the dealer distribution agreement with Sullivan-Schein Dental. Under the agreement, Sullivan-Schein Dental will distribute AMT's high-technology dental product line, including its dental laser line of products.
American Medical Technologies, Inc. headquartered in Corpus Christi, Texas, develops and manufactures advanced technologies for dentistry and markets them worldwide. It is listed on the NASDAQ SmallCap Market under the symbol "ADLI". The Company's Web site is found at www.americanmedicaltech.com
