SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : nhmcf

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Saverio who wrote (535)3/18/1998 5:12:00 PM
From: Joel Warren  Read Replies (2) of 702
 
Saverio,

Just found this on Yahoo,hopefully this is the starting point.Been holding on for quite some time now.

joel

Wednesday March 18, 12:05 pm Eastern Time

Company Press Release

National Healthcare Manufacturing Announces Exclusive Supply/Purchase
Agreement

WINNIPEG, Manitoba--(BUSINESS WIRE)--March 18, 1998--National Healthcare (NASDAQ:NHMCF - news;
VSE:NHM. - news) Simplex Medical Syst(OTC Bulletin Board:SMLX - news) National Healthcare Manufacturing
Corporation (NHMC) and Simplex Medical Systems Inc. (SMS) are pleased to announce signing a long term supply/purchase
agreement.

NHMC's manufacturing facility in Antioch, Illinois, will exclusively package, in one of its patented delivery systems, all of
the buffer solution manufactured and used in SMS's unique HIV Diagnostic Test Kit. Production of the test kits using the new
buffer will start April 1st, 1998. SMS will introduce the new test kits into its manufacturing, sales and marketing program
immediately thereafter.

In addition, NHMC and SMS have begun negotiations on developing and manufacturing the next generation test kit which will
incorporate the advanced packaging concepts of NHMC into a fully integrated, user friendly line of rapid, saliva-based
point-of-use testing systems which SMS will distribute throughout its distribution network.

SMS is engaged in the development, manufacturing, acquisition and marketing of a variety of products in the medical and
dental industry. All of SMS's products are manufactured in the United States in FDA registered facilities. Some of the
Company's products are currently approved for sale in Venezuela, Spain, Costa Rica and other countries around the world.
Ongoing registrations are in progress in China, Europe and India.

Darrell Van Dyke, Vice President of NHMC stated, ''We are very pleased to have this relationship with the most innovative
company in the HIV Diagnostic Test Kit marketplace. This agreement lends significant credibility to the use of our unique
patented liquid/powder delivery systems in various venues of the medical industry.''

Tom Glickman, Vice President of Marketing for SMS commented that, ''This association with a proven innovator and leader
in the medical packaging field will enable SMS to rapidly move forward to advance its R&D efforts to bring new and
valuable diagnostic tools to the medical community.''

This agreement provides NHMC with an immediate presence in the ever growing $1 billion diagnostic kit industry.

NHMC is rapidly emerging as a market leader whose mission is to bring about cost reduction in the healthcare industry by
providing a comprehensive array of innovative products and services that incorporate unique products, custom packaging,
along with the state of the art supply management distribution technology.

On Behalf of the Board (NHMC), M. Seyed Torabian, P.Eng., Executive Vice President

On Behalf of the Board (SMS), Nicholas Levandoski, President

Contact:

National Healthcare Manufacturing Corporation
Alex P. Tsakumis, 800/883-8841 or 604/689-8581
604/689-8337 (FAX)
nationalhealthcare.com
or
Simplex Medical Systems Inc.
Henry B. Schur, 954/455-0110
954/455-9008 (FAX)

good luck everybody!!!!!!!!!!!!!
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext