Medicare Technology

Medicare Technology: News

Latest News Stories

DRIVE MEDICAL LAUNCH THE MAMBO 363

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The Mambo 363 was launched at Naidex 2008 and it recieved some outstanding feedback. We were always confident in the product but could not believe the responce, even our competitors were very complimentary about our new mid wheel powerchair. We are truly confident that the Mambo 363 is going to take the powerchair market by storm. Being so feature rich, it's low price point has caused a fantastic reaction. For the ultimate in powerchair durability, safety and style why not experience the Mambo 363 Mid-wheel powerchair. This medium size front wheel drive powerchair has a proven design suitable for indoor/outdoor use. The Mambo 363 is easy to operate, extremely responsive, have a very small turning circle and is a pleasure to use. For more information....Read More


DRIVE MEDICAL ACQUIRES MEDICARE TECHNOLOGY

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Drive Medical Acquires Medicare Technology Limited, a Leading Manufacturer and Distributor in the United Kingdom Port Washington, NY – December 20, 2007 - - Drive Medical, one of the leading manufacturers and distributors of durable medical products in the United States, announces that it has acquired Medicare Technology Limited (d/b/a, Wheeltech; “Medicare”), a major manufacturer and distributor of power mobility products, lift chairs, patient aids, and bathroom safety products in Europe. Medicare’s principal facility is located in West Yorks, United Kingdom from which it distributes its products throughout Europe including all of the UK, Germany, Austria, Belgium, Spain, Greece and other countries. The Managing Director, Richard McGleenan, will direct the operations of Medicare and play a significant role in Drive Medical’s continued expansion into the European marketplace. In addition, Mark Thompson, the Operations Director, and Kevin Beaumont, the Sales Director, will continue to oversee the operations and sales activities of Medicare. Drive Medical first entered the European market as of December 31, 2006 through its acquisition of Peter Endres, GmbH and Co. KG (“Endres”), a German manufacturer and distributor of bath lifts and mobility aids. According to Harvey P. Diamond, the Chairman of the Board and Chief Executive Officer of Drive Medical, “the acquisition of Medicare, along with our previously completed acquisition of Endres, will provide Drive Medical with a substantial platform in Europe from which to launch new products, enter new markets and implement growth initiatives on an international scale. We intend to expand the product offering of Medicare by surrounding it with Drive’s extensive product line and utilize Medicare’s existing distribution channels in Europe to expand Drive’s presence. With Medicare, Drive Medical has acquired a seasoned management team with significant distribution capabilities in the European market. We are confident that the addition of Richard McGleenan and the entire Medicare management team will contribute significantly to Drive Medical’s long-term global expansion program.“ For more information on Drive Medical, please visit their website..... Read More


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