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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