Teleflex Signs New Agreements with Premier for Surgical Instruments

LIMERICK, Pa.--(BUSINESS WIRE)--Teleflex Incorporated (NYSE: TFX), a leading global provider of medical devices for critical care and surgery, has announced it has been awarded two new three-year agreements with Premier, a group purchasing organization, for a comprehensive range of surgical instruments. The agreements are effective Feb. 1, 2013 through Jan. 31, 2016.

“At Teleflex, we are committed to providing high-quality products that enhance patient outcomes and we are pleased to continue achieving that goal through our ongoing partnership with Premier”

Through these new agreements, Premier’s alliance of 2,700 hospitals will have access to an extensive line of hand-held and laparoscopic surgical instruments, including well-established Pilling^® and KMedic^® products, at exclusive member rates.

“At Teleflex, we are committed to providing high-quality products that enhance patient outcomes and we are pleased to continue achieving that goal through our ongoing partnership with Premier,” said Jay White, President and General Manager, Surgical Division. “We look forward to improved provider safety and overall benefits to the healthcare industry that will come as a result of this collaboration.”

About Teleflex Incorporated

Teleflex is a leading global provider of specialty medical devices for a range of procedures in critical care and surgery. Our mission is to provide solutions that enable healthcare providers to improve outcomes and enhance patient and provider safety. Headquartered in Limerick, Pa, Teleflex employs approximately 11,100 people worldwide and serves healthcare providers in more than 130 countries. Additional information about Teleflex can be obtained from the company's website at teleflex.com.

About the Premier healthcare alliance, Malcolm Baldrige National Quality Award recipient

Premier is a performance improvement alliance of more than 2,700 U.S. hospitals and 90,000 other sites using the power of collaboration and technology to lead the transformation to coordinated, high-quality, cost-effective care. Owned by hospitals, health systems and other providers, Premier operates a leading healthcare purchasing network with more than $4 billion in annual savings. Premier also maintains the nation's largest clinical, financial and outcomes database with information on 1 in 4 patient discharges. A world leader in delivering measurable improvements in care, Premier works with the Centers for Medicare & Medicaid Services. Headquartered in Charlotte, N.C., Premier also has an office in Washington. https://www.premierinc.com. Stay connected on Facebook, Twitter and YouTube.

Forward-Looking Statements

Any statements contained in this press release that do not describe historical facts may constitute forward-looking statements. Any forward-looking statements contained herein are based on our management's current beliefs and expectations, but are subject to a number of risks, uncertainties and changes in circumstances, which may cause actual results or company actions to differ materially from what is expressed or implied by these statements. These risks and uncertainties are identified and described in more detail in our filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K.