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FOR IMMEDIATE RELEASE |
JULY 10, 2007 |
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SPARTANBURG, SC--(Marketwire - July 10, 2007) - Southern Home Medical Equipment, Inc. (PINKSHEETS: SHMM) is pleased to announce that the Company has sold its second franchise of Encore Medical Staffing, Inc. in Louisville, Kentucky. Greg Tucker, President and CEO of Southern Home Medical, states, "We are very excited about this market. The team developing this market has the experience level necessary to ensure success. The nurse staffing division of our company will prove to be a significant part of our business for years to come. As we've stated before, we've had significant interest in this business model and are certain that we can gain market share quickly with our growth strategy."
Encore Medical Staffing, Inc. supplies quality healthcare professionals on a per diem and temporary contract basis to hospitals, rehab centers, nursing homes and other medical facilities. The majority of the staffing professionals consists of Registered Nurses, Licensed Practical Nurses and Certified Nursing Assistants. Encore Medical Staffing, Inc. is aggressively recruiting motivated business professionals interested in franchising or joint ventures with the company.
Mr. Tucker went on to state, "There is a tremendous need for nursing services on a national level. Our company is structured to grow rapidly. We now have two active markets and are in the verbal stages with an additional sixteen markets. We are pleased to have the Louisville, Kentucky team on board and we look forward to opening additional markets in the near future."
About Southern Home Medical Equipment, Inc.:
Southern Home Medical is a holding company with a focus on medical equipment operations in the Southeastern United States. Formed in January 2005, with its principal place of business in Spartanburg, S.C., Southern Home Medical will be expanding its operations through the acquisition of existing durable medical equipment companies and through the start up of additional sites in strategic locations throughout the Southeast. Southern Home Medical provides "in-home" and nursing home patients with a complete line of medical equipment that includes: oxygen concentrators, semi-electric beds, wheelchairs, CPAPs, BiPAPs, enteral tube feeding, etc. Through its Encore Health & Wellness Division, Southern Home has also moved into additional health, wellness, and fitness related businesses to include Encore Medical Staffing, Inc. and Ladies Health & Fitness, Inc.
Safe Harbor: This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approval for anticipated actions.
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