|
FRISCO, TX--(Marketwired - September 09, 2014) - OxySure® Systems, Inc. (OTCQB: OXYS) ("OxySure," or the "Company"), a medical device innovator of life-saving, easy-to-use emergency oxygen solutions with its "oxygen from powder" technology, today announced that the Company has signed a distribution contract with Ajad Medical to be the Company's exclusive distributor in the Kingdom of Saudi Arabia. The contract has a minimum contract value of $2.46 million and requires a minimum purchase of 18,000 units of the Company's portable emergency oxygen system (Model 615) and replacement cartridges over three years to maintain exclusivity. |
