April 28, 2010

PR: IMCO Enters Strategic Partnership with IDEA

Arlington, VA, April 28, 2010 — IMCO (Independent Medical Co-Op), the premier Cooperative for medical supply distributors in the physician, hospital, nursing home, home health, EMS, industrial and other related markets, today announced that it has entered into a strategic partnership with IDEA, a business-to-business (B2B) eCommerce solution and professional service provider. This agreement was established to help IMCO members optimize their electronic business transactions. This move commits both parties to offering members with a proven B2B eCommerce platform.

"Both companies share a common goal of enabling a new market with solutions that are proven in the electrical supply chain. IDEA will help optimize IMCO members’ operations and profitability by providing the solutions and process consulting needed to drive costs out of the business," said Bob Gaylord, president and CEO, IDEA.

IMCO members will have access to services from IDEA that may lower traditional EDI van services and related costs.

IDEA provides additional eBusiness and Lean process solutions for distributors, manufacturers and group partners, who seek to achieve best of breed business performance. IDEA is an eBusiness consultant/partner, who provides business process and data optimization services and products born of distribution specific knowledge. IDEA’s solutions and services also help distributors increase sales, improve customer service, and reduce operating costs.

Industry Data Exchange (IDX) enables manufacturers, distributors, and service providers to conduct partner-to-partner electronic business on an Internet-based network using EDI, XML, Flat File or Web Form transaction sets. IDX also provides direct connections to other similar Internet-based trading networks.

About IMCO

IMCO is the premier Co-Op for medical supply distributors who are a driving force in the physician, hospital, nursing home, home health, EMS, industrial and many others.

About IDEA

Our deep category knowledge was born of the electrical industry in 1998. IDEA was founded through a partnership rooted in the collective leadership, vision, wisdom and expertise of the National Association of Electrical Distributors (NAED) and the National Electrical Manufacturers Association (NEMA) members. IDEA is the official standards creating and setting body for the electrical industry. Our eCommerce/Business-to-Business, Synchronization, Standards Adoption, and Professional solutions and services optimize your business to run lean, gain efficiency, synchronize data flow, streamline processes and standardize systems. Our knowledge of the players, realities, challenges, and opportunities provide a powerful consulting partner to make the right decisions to Unleash the Power of e and position you solidly for success in today’s business environment (www.idea-esolutions.com).