Insulet Extends Exclusive Agreement for Blood Glucose Monitoring

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Author: February 3, 2015

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Continues Integration of Abbott’s FreeStyle(R) Technology with Insulet’s OmniPod(R) Insulin Management System

BILLERICA, MA — (Marketwired) — 02/03/15 — Insulet Corporation (NASDAQ: PODD), the leader in tubeless insulin pump technology with its OmniPod®Insulin Management System, today announced that it has extended its ongoing exclusive agreement with Abbott Laboratories (NYSE: ABT) to continue integration of the Abbott FreeStyle® blood glucose (BG) monitoring technology with Insulet’s OmniPod System. The FreeStyle blood glucose meter is built into the OmniPod hand-held Personal Diabetes Manager (PDM), eliminating the need to carry and manage a separate meter or transfer BG results from device to device.

“We have enjoyed a successful collaboration with Abbott for more than a decade and we are very pleased to continue our longstanding relationship,” said Patrick Sullivan, President and Chief Executive Officer of Insulet. “Tens of thousands of OmniPod users around the world are using the FreeStyle strip platform today and we’re pleased to be working with Abbott to incorporate the FreeStyle Lite® technology into our next-generation PDM currently in development.”

FreeStyle test strips with ZipWik™ tabs are cleared for use with the OmniPod Insulin Management System.

About Insulet Corporation:

Insulet Corporation (NASDAQ: PODD) is an innovative medical device company dedicated to making the lives of people with diabetes easier. Through its OmniPod Insulin Management System, Insulet seeks to expand the use of insulin pump therapy among people with insulin-dependent diabetes. The OmniPod is a revolutionary and easy-to-use tubeless insulin pump that features just two parts and a fully-automated cannula insertion. Insulet’ssubsidiary, Neighborhood Diabetes, is a leading distributor of diabetes products and supplies, delivered through a high touch customer service model. To read inspiring stories of people with diabetes living their lives to the fullest with OmniPod, visit our customer blog, Suite D:http://suited.myomnipod.com/. Founded in 2000, Insulet Corporation is based in Billerica, Massachusetts. For more information, please visit:http://www.myomnipod.com/.