Indiana University and State of Indiana Recognize Fort Wayne-based Company
Fort Wayne, Ind., November 3, 2008 — Solstice Medical, LLC, a leading medical device asset management company and provider of advanced Radio Frequency Identification (RFID) and software solutions for the medical industry, was recently recognized as one of the state of Indiana’s leading emerging growth companies during the Indiana Entrepreneurial Leadership Awards ceremony hosted by Indiana University’s Kelley School of Business and the Indiana Economic Development Corporation.
“Solstice Medical has created new RFID technology for use on medical devices and demanding healthcare environments that helps healthcare companies eliminate 40% or more of excess inventory and wasted labor, saving billions of dollars for our customers in the orthopedics, cardiovascular and oncology markets,” said Daniel Sands, president and CEO of Solstice Medical. “We are honored to be recognized among the leading Indiana companies making a difference for our customers and improving our state’s economy.”
“Some of the world’s largest medical device companies have stated that our products cannot be found anywhere else in the world, and that says a lot about the uniqueness of our innovations,” added Matt LaFontaine, director of engineering at Solstice Medical. “Seeing our technology in the marketplace and knowing that it is helping save so much in a difficult economy is rewarding enough. Being recognized in Indiana – among the leading states in the life sciences industry sector – is icing on the cake.”
Other Fort Wayne companies honored during the ceremony were: BeniComp Advantage, Inc. (Innovation); DigitalHydraulic, LLC (Emerging Growth); and TrustBearer Labs (Emerging Growth).
About Solstice Medical Solstice Medical engineers, manufactures and installs radio frequency identification technology and software systems globally for medical device manufacturers, distributors and hospitals to reduce cost and improve the quality and safety of healthcare delivery. Solstice Medical’s commitment is to provide advanced technology solutions that exceed customer expectations enabling effective asset utilization and operational excellence. For more information regarding Solstice Medical’s pioneering DOCK to DOC® system, MD3TM autoclavable medical grade RFID tags, MEDICTM auto-inventory cabinets and turnkey system solutions, visit the company’s website at
www.solsticemedical.com.