The Stanley Works Acquires InnerSpace

July 31, 2007 — The Stanley Works, a manufacturer of custom storage systems, announced the acquisition of privately held InnerSpace Corp., a supplier of organized storage and clinical inventory management solutions for the healthcare industry.

InnerSpace’s storage solutions can be found in healthcare facilities throughout North America and across the globe, primarily in clinical departments such as Cardiology, Radiology, Surgery and Endoscopy where durable, efficient and flexible storage is of utmost importance.

InnerSpace also provides inventory solutions that address the challenges of clinical supply management. The company’s web-based solutions not only provide the tools necessary to track on-hand inventories and optimize re-order points but it also connects clinical supplies with procedures, physicians and patients.

Stanley Vidmar manufactures a wide range of storage solutions that enable hospitals and other healthcare facilities to maximize available space and organize inventory. The addition of the InnerSpace product line provides Stanley Vidmar with a more comprehensive suite of storage solutions for the healthcare industry, including mobile carts and open storage systems.

For more information: www.stanleyvidmar.com and www.innerspacecorp.com