(COMTEX) B: APO Engages Investment Banker to Maximize Shareholder Value (
B: APO Engages Investment Banker to Maximize Shareholder Value ( PRIMEZONE )
OCEANSIDE, N.Y., Feb 11, 2004 (PRIMEZONE via COMTEX) -- APO Health, Inc.
(OTCBB:APOA) announced today that it has engaged the New York-based investment
banking firm, Sloan Securities Corp., an NASD member, to advise the Company on
growth strategy, mergers & acquisitions, and to assist management in maximizing
shareholder value. Sloan, through its merchant banking affiliate, Ocean Drive
Capital, specializes in working with micro and small cap companies such as APO
Health, Inc. Dan Myers, Managing Director of Investment Banking and a principal
in Ocean Drive Capital, said "We are excited about working with APO Health. The
outlook today for healthcare companies is very positive and we believe that APO
is in an excellent position to take advantage of this environment."
APO Health Inc.
APO Health Inc. is a multifaceted distributor of medical, dental and veterinary
supplies, health and beauty aids, and pharmaceutical products. The Company
distributes over 6,000 different products, marketing directly to doctors,
dentists, schools and retail outlets as well as through other distributors. Net
sales for the year ended September 30, 2003 were $47.5 million.
Safe Harbor Statement
The statements made by APO Health, Inc. may be forward-looking in nature and are
made pursuant to the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995. Forward-looking statements describe the Company's future
plans, projections, strategies and expectations, and are based on assumptions
and involve a number of risks and uncertainties, many of which are beyond the
control of APO Health, Inc. Actual results could differ materially from those
projected due to changes in interest rates, market competition, changes in the
local and national economies, and various other factors. The Company undertakes
no obligation to update publicly any forward-looking statements to reflect new
information, events or circumstances after the date hereof to reflect the
occurrence of unanticipated events.
SOURCE: APO Health, Inc.
By Staff
CONTACT: Strategic Corporate Initiatives Ltd.
David A. Loewenstein
516-676-3366
strategiccorp@aol.com
(C) 2004 PRIMEZONE, All rights reserved.
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INDUSTRY KEYWORD: Medical Supplies
SUBJECT CODE: HEALTH
MEDICAL
Company Announcement
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