TW Medical Veterinary Supply
Reports Continued Growth in Second Quarter
(July 10, 2007 - AUSTIN, Texas) – Austin-based TW Medical Veterinary Supply announced today continued strong sales performance in the second quarter of 2007. Net sales for the quarter ended June 30, 2007, totaled $5.323 million. Sales for the six months ending June 30 were $11,433,000, a 26.8% increase over the same period last year.
TW Medical president Mark Ziller noted that the company’s continued sales growth is the result both of deeper penetration among current customers, as well as the addition of new customers. “Our base of active customers grew more than 20 percent during the last 12 months," Ziller said. “As we continue to expand our sales force, we anticipate that annual sales growth rates will remain in excess of 20 percent."
Separately, TW Medical Veterinary Supply recently entered into distribution agreements with manufacturers PRN Pharmacal and International Win, Ltd. PRN Pharmacal products include high-grade veterinary pharmaceuticals, nutritional supplements, surgical and wound care dressings and diagnostic tools. International Win is a leading provider of patented intravenous fluid systems for large and small animals.
"We are continually seeking out new opportunities to partner with industry-leading manufacturers that will provide our customers with the best products on the market,” said Mark Ziller. “These new distribution agreements, coupled with others inked earlier in the year, are enabling us to offer a greater range of products and services both to longtime customers and to the new customers we continue to earn.”
TW Medical Veterinary Supply is a leading distributor of veterinary supplies to more than 2,200 veterinary clinics, zoos, universities and research facilities throughout the U.S. and worldwide. TW Medical carries a comprehensive line of 8,500 products from more than 165 leading manufacturers of pharmaceuticals, surgical supplies and equipment.
About TW Medical Veterinary Supply: TW Medical is based in the Austin, Texas, area. It has repeatedly ranked among the 50 fastest growing private businesses in Central Texas by the Austin Business Journal, and has been named to the Inc 500 list of America’s fastest growing private companies. For more information, please visit www.twmedical.com.
For more information contact:
Mark Ziller, 888.787.4483 Ext. 105
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