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Microcap & Penny Stocks : nhmcf

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To: Dr. Harvey who wrote (580)6/8/1998 3:26:00 PM
From: gary g  Read Replies (1) of 702
 

Healthcare Manufacturing Corporation (NASDAQ:NHMCF) (VSE:NHM) today
announced the appointment of Allen & Caron, Inc. as its corporate,
investor, and financial relations firm. Allen & Caron Inc. has been
retained for a 12 month period at a cost of US$7000 per month payable
in cash.
National Healthcare Manufacturing President and CEO Mac J.
Shahsavar commented, "During the last year, we have been aggressively
expanding our product lines and distribution capabilities. As we
continue to execute our strategic growth plan, we will call on the
professional experience of Allen & Caron to assist us in properly
positioning the Company in the investment community. In addition,
their experience will be instrumental in introducing the Company to
institutional investors, analysts and retail investment banks, as well
as to the business, financial, manufacturing and packaging trade
media."
Allen & Caron President Joseph Allen said, "The success of the
Company's proprietary automated robotic production facility and
hub-and-spoke distribution system, coupled with recent synergistic
acquisitions, is reflected in its rapid revenue growth. Management's
business plan fits well with our expanding list of emerging growth
companies. We look forward to working closely with the senior
management of National Healthcare," Allen continued, "to ensure that
the Company's corporate and investor communications needs are
effectively met with a full-range of professional services."
For a complete corporate package, please visit our website at
nationalhealthcare.com or contact us at 1-800-883-8841.

On Behalf of the Board,

Seyed M. Torabian, P.Eng.
Executive Vice President

Neither NASDAQ nor the VSE have reviewed or accept responsibility
for the accuracy of this release.

CONTACT: Allen & Caron Inc.
Damon Wright (investors) or Denise Harrison (media),
714/957-8440
or
National Healthcare Manufacturing Corporation
Alex Tsakumis, 800/883-8841

KEYWORD: NEW YORK
INDUSTRY KEYWORD: MEDICINE

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