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Medovex Corp. Enters Into Exclusive U.S. Partnership With Hill-Rom to Market Streamline IV Suspension System

ATLANTA, GA -- (Marketwired) -- 05/07/15 -- Medovex Corp. (NASDAQ: MDVX), a developer of medical technology products, announced today that it has entered into an exclusive U.S. marketing agreement with Hill-Rom (NYSE: HRC), a leading provider of medical technologies and related services for the health care industry around the world. The agreement covers the exclusive marketing of Medovex's Streamline IV Suspense System IV, or ISS™.

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The announcement comes on the heels of the recent news that Medovex closed the acquisition of 100% of the stock of Streamline, Inc., a Minneapolis, Minnesota based medical technology company. Streamline shareholders approved the transaction at a meeting held March 25, 2015.

Medovex is combining Streamline's expertise in patient safety-oriented specialty medical equipment with its vision for acquiring and developing medical technology that solves significant challenges faced by health care providers. Streamline developed the IV Suspension System (ISS), a patient equipment management device that makes the transport of patients and their equipment within hospitals safe and efficient.

The ISS system enables caregivers to more easily move and manage IV units through its innovative design. Once securely attached to either the stretcher or bed frame, the system's "legs" retract and are safely locked and off the ground to allow easy, hands-free transport of the equipment. The ISS is compatible exclusively with Hill-Rom's full range of beds and stretchers.

A demonstration of the Medovex, Streamline IV Suspension System may be viewed here:http://medovex.com/streamline/

Jarrett Gorlin, CEO of Medovex, stated, "We are excited to form this partnership with Hill-Rom. ISS is an ideal fit as part of mobility and safe patient handling protocols because it was designed as a solution to help mobilize patients as early and as efficiently as possible in the recovery process."