MTS Medication Technologies, Inc. (MTS) is a holding company that operates through its subsidiaries, MTS Packaging Systems, Inc. (MTSP), MTS Medication Technologies, Ltd. (MTS Limited) and MTS Medication Technologies GmbH (MTS GmbH). MTS GmbH is a wholly owned subsidiary of MTS Limited. MTS primarily manufactures and sells consumable medication punch cards, packaging equipment and ancillary products throughout the United States, Canada and Europe. The Company’s customers are institutional pharmacies that supply nursing homes, assisted living and correctional facilities with prescription medications for their patients.