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FOR IMMEDIATE RELEASE |
MARCH 24, 2008 |
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LYMAN, SC--(Marketwire - March 24, 2008) - Southern Home Medical Equipment, Inc. (PINKSHEETS: SHMM) announced today that the Encore Medical Staffing operation in Columbia, South Carolina reported over a 300% increase in business activity February vs. January of 2008. Greg Tucker, President and CEO of Southern Home, stated, "We are excited about the efforts put forth by the team in Columbia. They continue to outpace their own pre-established objectives. From a corporate standpoint, we continue to work to ensure that our other locations are performing as well."
Southern Home Medical currently has Encore Medical Staffing locations in Charleston, Columbia, and Greenville, South Carolina. They also have locations in Lebanon, Kentucky and Palm Beach Gardens, Florida. Mr. Tucker went on to state, "We continue to have shareholders and others asking how we generate revenues. As we've stated before, we are the franchisor of this business on a national level and our revenue base is comprised of franchise fees and royalties in each Encore Medical Staffing location. Our business model is sound. Our infrastructure is strong. Every major city is a potential market. Every state can be developed. The key is qualifying strong management groups with the leadership skills necessary to move the brand forward within their market. So far we are very pleased with the management teams that have been put in place."
Temporary nurse staffing has become a critical issue in hundreds of markets nationwide and the Encore Medical Staffing business model addresses the need in a very unique way. Encore Medical Staffing supplies quality healthcare professionals on a per diem and temporary contract basis to hospitals, rehab centers, nursing homes and other medical facilities.
Mr. Tucker went on to say, "As we've stated before, we strongly believe there is the potential for well over 300 locations nationwide for the growth and development of the Encore Medical Staffing brand. For more information on our plans for success, we would suggest a visit to our website at www.encoremedicalstaffing.com."
About Southern Home Medical Equipment, Inc.:Southern Home Medical is a holding company with a focus on nurse staffing operations. Formed in January 2005, with its principal place of business in Lyman, S.C., Southern Home Medical will be expanding its operations through the start up and support of Encore Medical Staffing businesses on a national level. 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 consist of Registered Nurses, Licensed Practical Nurses and Certified Nursing Assistants. Encore Medical Staffing, Inc. is aggressively recruiting motivated business professionals interested in franchising opportunities.
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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