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Luxfer Gas Cylinders announces partnership with Precision Medical

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NOTTINGHAM, England-(BUSINESS WIRE)-Luxfer Gas Cylinders announced that it has entered into a partnership with Precision Medical, Inc. that adds portable oxygen concentrators (POCs) to Luxfer's healthcare product range in Europe.

Beginning in April 2016, Luxfer will offer both dial and pushbutton versions of its new three-litre and five-litre lightweight POCs manufactured for Luxfer by Precision Medical.

Tony Edwards, managing director of Luxfer Gas Cylinders Europe, said: "I'm really delighted to announce this partnership with Precision Medical. This agreement will enable us to build on our long-standing and established relationships with our customers by offering them more of the modalities that they need to be competitive on tenders and to service their markets in challenging economic conditions." Edwards added that the agreement is the first stage in Luxfer's plan to offer a broader range of healthcare products that complement the company's popular L7X® and composite medical cylinders.

Tim Clark, executive vice president of global sales and marketing for Precision Medical, said: "We see our partnership with Luxfer Gas Cylinders, the premium supplier of gas cylinders in the world, as a win-win for both companies. Luxfer will enable the supply of market-leading POCs-manufactured by Precision Medical-into the EU, while enabling Luxfer to offer customers a complete line of oxygen-delivery devices. This agreement also allows Luxfer to enhance the quality of life for those suffering from COPD and other chronic respiratory conditions."

About Luxfer Gas Cylinders

Luxfer Gas Cylinders, a Luxfer Group (NYSE: LXFR) company, is the world's largest manufacturer of high-pressure aluminum and composite cylinders for a wide variety of global markets, including medical, life support, alternative fuel, specialty gas, beverage, fire extinguishers, aerospace, inflation, scuba and performance racing. The company operates manufacturing facilities in England, France, the United States, Canada, China and India.

About Precision Medical

Founded in 1984, Precision Medical, Inc. is a global leader in respiratory devices and medical fittings, helping healthcare facilities and homecare industries in more than 50 countries around the world achieve positive patient outcomes. Its innovative and lightweight product lines include portable oxygen concentrators, oxygen regulators, aspirators, air compressors and flow meters. The company is based in Northampton, Pennsylvania.

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