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MPP

 
Hoover's Profile: MTS Medication Technologies, Inc.
(NASDAQ (CM):MTSI)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
MTS Medication Technologies, Inc.
2003 Gandy Blvd. North, Ste. 800
St. Petersburg, FL 33702
FL Tel. 727-576-6311
Toll Free 800-671-0508
Fax 727-573-1100

Type: Public
On the web: http://www.mtsp.com
Employees: 267
Employee growth: 13.1%

MTS Medication Technologies gives pills a safe home until they get to the patient who needs them. Through its MTS Packaging Systems and MTS Medication Technologies International subsidiaries, the company makes medication punch cards and other medication dispensing systems that institutional pharmacies use to conveniently and accurately package the drugs they give to patients. MTS' custom packaging technology allows caregivers at some 4,500 pharmacies (at assisted-living, nursing care, and correctional facilities) to administer medicine or vitamins to large numbers of people while keeping close tabs on dosages. The company has agreed to be taken private in a transaction led by equity firm Excellere Partners.

Key numbers for fiscal year ending March, 2009:
Sales: $76.3M
One year growth: 31.9%
Net income: $2.5M
Income growth: 20.7%

Officers:
Chairman, President, and CEO: Todd E. Siegel
VP and COO: Michael D. Stevenson
VP, CFO, and Secretary: Michael P. Conroy

Competitors:
AmerisourceBergen

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