Press Release Details

MELVILLE, N.Y., July 29 /PRNewswire/ -- Henry Schein, Inc. (Nasdaq: HSIC) today announced the sale of its Oregon-based dental equipment manufacturer, Marus Dental International, to DCI International. Marus Dental had 1997 sales of approximately $25 million. DCI International, the nation's largest supplier of dental components, and a leader in the design and manufacture of dental equipment, sells its products in the United States as well as in over 60 countries worldwide. Terms of the sale were not disclosed.

Commenting on the sale, Stanley M. Bergman, Henry Schein, Inc.'s Chairman, Chief Executive Officer and President stated, "We are extremely pleased to have reached this agreement with DCI International. Manufacturing of capital equipment is not an integral part of our strategy and this agreement places the Marus Dental business in an organization dedicated to quality manufacturing. Meanwhile, we will be able to continue our strategic focus on dedicating our management team and capital resources to maximizing our core competency as a value-added distributor to office-based healthcare practitioners, and strategically partnering with the broad array of large equipment manufacturers with whom we have relationships. In addition, we will maintain access to Marus' key products and better align Henry Schein's interests with our suppliers."

Henry Schein, Inc. is the largest distributor of healthcare products and services to office-based healthcare practitioners, including dental practices and laboratories, physician practices and veterinary clinics. The Company, recognized for its excellent customer service and low prices, serves more than 250,000 customers worldwide.

Certain information contained herein includes information that is forward-looking. The matters referred to in forward looking statements may be affected by the risks and uncertainties involved in the Company's business. These forward-looking statements are qualified in their entirety by the cautionary statements contained in the Company's Securities and Exchange Commission filings.

SOURCE Henry Schein, Inc.