London, February 16th 2016 – LOK Corporation International Ltd. has signed an exclusive territory management agreement between their Alliance Medical division and the UK based hemodynamic monitoring company LIDCO (AIM:LID).
Alliance Medical is committed to promote exclusively all LIDCO products by taking responsibility for the distribution management, regulatory compliance support and marketing activities for the Canadian and South African markets.
“We are very excited to associate ourselves with a well-established Company like LIDCO, we are convinced that Alliance Medical Canada and Alliance Medical South Africa will contribute to expand the brand recognition of LIDCO in these markets” said Daniel Cloutier CEO for LOK Corporation International Ltd.
LIDCO is a supplier of minimally invasive hemodynamic equipment for hospitals, to monitor the amount of blood flowing around the body and ensure that vital organs are adequately perfused and oxygenated.
LIDCO’s technology, developed at St Thomas’ Hospital in London, has been shown to significantly reduce morbidity & complications, length of stay and overall costs associated with major surgery.
About LOK Corporation International Ltd.
The Company operated under two main divisions; LOK Network providing regulatory compliance services and manufacturer agent services with 12 offices worldwide and Alliance Medical providing territory management services with branches in Canada, Russia & EEU, GCC, South Africa and India & SAARC.