Drive Medical Acquires Medquip, Inc.

PORT WASHINGTON, N.Y. (July 2, 2014)—Effective July 2, Drive Medical announced the acquisition of the business of Medquip, Inc., a manufacturer of innovative health care products located in South Carolina. Medquip manufactures high quality nebulizers, respiratory disposable products, pulse oximeters, TENS units, breast pumps and digital blood pressure equipment. The Company is best known for pioneering and developing its world-renowned AIRIAL line of pediatric nebulizers.