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Tangent Medical Showcases the NovaCath(TM) Integrated IV Catheter System at National Event Committed to Healthcare Innovation

ANN ARBOR, MI -- (Marketwired) -- 06/12/13 -- Tangent Medical (www.tangentmedical.com), an innovator in IV therapy products and creator of the NovaCath™ Integrated IV Catheter System, was one of 14 medical innovations featured at the Premier healthcare alliance's 2013 Breakthrough Conference and Exhibition on June 11th in San Antonio. Debuting during the conference, Tangent Medical's NovaCath was selected by clinicians and other members of Premier, a provider-owned performance improvement alliance of more than 2,800 hospitals and nearly 100,000 other care sites.

The event recognizes advances in healthcare while highlighting industry suppliers committed to innovation and improving patient outcomes. Selection criteria included the uniqueness of the product, its ability to have an impact on an unmet medical need and its potential to positively impact patient care.

"This is a tremendous honor and only further validates the feedback we've received from hospitals and clinicians as we've prepared ourselves for commercialization," said Tangent Medical CEO Jeff Williams. "Interest in NovaCath is very strong and we look forward to our official launch later this month. Being selected as a Premier Innovation product at the 2013 Breakthrough Conference and Exhibition is the biggest validation we have received as a company thus far."

"Those who attend and participate in the Innovation Celebration share Premier's commitment to providing innovative, valuable products to our members that are safe, high-quality and cost-effective," said Durral R. Gilbert, president of supply chain services, Premier. "These advancements will truly benefit providers as they work to improve the health of their communities."

Any supplier, regardless of whether the company is contracted with Premier, can be considered for participation in the Innovation Celebration. Overall, Premier contracts with more than 1,000 suppliers.

About the Premier healthcare alliance, Malcolm Baldrige National Quality Award recipient
Premier is the nation's largest performance improvement alliance of more than 2,800 U.S. hospitals and nearly 100,000 other care sites using the power of collaboration and technology to lead the transformation to coordinated, high-quality, cost-effective care. Owned by healthcare providers, Premier operates a leading purchasing network with more than $5 billion in annual savings. Premier also maintains clinical, financial and outcomes databases based on 1 in every 4 patient discharges. A world leader in measurably improving patient care, Premier has the largest performance improvement collaboratives in America, including one in partnership 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 with Premier on Facebook, Twitter, LinkedIn, and YouTube.

About Tangent Medical
Tangent Medical is focused on the development and commercialization of IV therapy products. Founded in 2009, the company's patented NovaCath™ Integrated IV Catheter System is the only safety IV catheter to cost-effectively combine advanced catheter stabilization, passive needle encapsulation, tubing management and blood control. Based on extensive clinical research into the needs of both healthcare workers and patients, this next-generation system is designed to establish a new standard in catheter design, functionality and performance. For more information, visit www.tangentmedical.com.

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