Graham-Field Announces Outsourcing Strategy.

Business Editors

ATLANTA--(BUSINESS WIRE)--Jan. 28, 2002

As part of its ongoing campaign to return to profitability, Graham-Field Health Products, Inc. has made the decision to move toward an outsourcing strategy for its line of bathroom safety, ambulatory, pressure management

"The rationale behind the outsourcing initiative is consistent with our goal of offering quality products to our customers while yielding profitable returns for our company," said Michael A. Crouch, COO of Graham-Field. "We have been meticulous in our outsourcing strategy. In working with our new suppliers, we have taken a hands-on approach to ensure that our standards and specifications are met so we can continue to deliver the same high quality products that the marketplace expects from us."

With the adoption of the outsourcing strategy, Graham-Field also made the decision to close manufacturing operations in Bay Shore, New York. The closure will affect 189 jobs. As a result Graham-Field has evaluated its bath safety, ambulatory and pressure management product lines, and has rolled up its product offering to be marketed under its flagship brand name, Lumex.

About Graham-Field, Inc.:

Headquartered in Atlanta, GA, Graham-Field is one of the world's leading manufacturers and distributors of medical products in the health care industry, offering more than 4,000 medical, rehabilitation, long-term care and homecare products. Its offerings are comprised of quality brands such as Everest & Jennings and LaBac wheelchair and seating products; Lumex ambulatory, bath safety, pressure management and specialty seating products; Smith & Davis and Simmons beds and institutional equipment; John Bunn respiratory equipment; Labtron diagnostic equipment; and Grafco exam treatment products.