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MedClean Technologies, Barnett Medical Ink Distributor Deal

April 14, 2010 (FinancialWire) — MedClean Technologies (OTCBB: MCLN), a provider of onsite technology for the treatment and disposal of medical waste and onsite document destruction, said it has signed a distributor agreement with Barnett Medical Services, a provider of medical supplies and medical waste transportation services.  

According to MedClean, the agreement will enable Barnett to expand its service offerings to include disposal services for municipal solid waste, pathological waste, and nuclear waste, as well as provide preventative and corrective maintenance services to health care clients in the Western region of the United States.

The agreement also enables Barnett Medical Services to provide integrated onsite medical waste disposal and onsite document destruction technology and services as complementary services to its existing medical waste transportation services.  

MedClean said that the structure of the agreement enables both companies to collaborate on and target their integrated technology and services to the more than 230 large quantity medical waste generators and the nearly 1,500 medium quantity medical waste generators in the four-state Western region with the expectation to generate new business yielding $1 million to $2 million in revenue for each company in the first year of the partnership, while accelerating toward a target of 10 percent market penetration in this market segment in future years of the relationship.  

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