Cantel Medical Named to the Forbes 2009 List of the '200 Best Small Companies in America'
October 20 2009 - 2:49PM
PR Newswire (US)
LITTLE FALLS, N.J., Oct. 20 /PRNewswire-FirstCall/ -- Cantel
Medical Corp. (NYSE:CMN) announced today that it was named to the
Forbes 2009 list of the "200 Best Small Companies in America."
Cantel Medical has been included on this list in eight of the last
ten years. Cantel's President and CEO, Andrew Krakauer stated, "We
are pleased to have been recognized for the success the Company has
achieved both this year and over the past five years. I share this
honor with our 870 hardworking and loyal employees. As a leader in
the growing infection prevention and control market, the Company
has performed well despite the difficult economic environment. We
are optimistic that Cantel is positioned for sustained growth in
the future as it will continue to benefit from increased sales of
higher margin consumables, including disinfectants, sterilants and
face masks, as well as increases in service. These recurring
revenues now make up 75% of overall sales." The Forbes rankings are
based on one and five-year sales growth, earnings per share growth
and return on equity. To qualify, companies must have sales between
$5 million and $750 million, and meet certain share price and other
criteria. Forbes also compares a company's stock performance with
its industry peers. About Cantel Medical Corp. Cantel Medical Corp.
(NYSE:CMN) is a leading provider of infection prevention and
control products in the healthcare market. Our products include
specialized medical device reprocessing systems for renal dialysis
and endoscopy, dialysate concentrates and other dialysis supplies,
disposable infection prevention and control products primarily for
the dental industry, water purification equipment, sterilants,
disinfectants and cleaners, hollow fiber membrane filtration and
separation products for medical and non-medical applications, and
specialty packaging for infectious and biological specimens. We
also provide technical maintenance for our products and offer
compliance training services for the transport of infectious and
biological specimens. For more information please visit
http://www.cantelmedical.com/. This press release contains
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. These statements involve
a number of risks and uncertainties, including, without limitation,
the risks detailed in Cantel's filings and reports with the
Securities and Exchange Commission. Such forward-looking statements
are only predictions, and actual events or results may differ
materially from those projected or anticipated. DATASOURCE: Cantel
Medical Corp. CONTACT: Andrew A. Krakauer, President and CEO,
Cantel Medical Corp., +1-973-890-7220, or Richard E. Moyer, Cameron
Associates, Inc., , +1-212-554-5466 Web Site:
http://www.cantelmedical.com/
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