WESTON, Fla., Feb. 18, 2011 /PRNewswire/ -- American Scientific Resources, Inc. (Pink Sheets: ASFX) announces Lebanon-based HospiServices is the Company's new distributor in the Middle East and Africa. HospiServices has placed its second order totaling 684 units for the Kidz-Med line of VeraTemp non-contact thermometers which will be distributed to pharmacies.
HospiServices was introduced to American Scientific Resources at the Medica tradeshow in Dusseldorf last November. Antoine Richahi of HospiServices states, "We are excited to add the Kidz-Med VeraTemp line to our Pharmacy division. It will certainly help us achieve our stated goals of doubling sales within the next three years."
Marc Massoglia, Senior VP Sales, American Scientific Resources notes, "The reputable and forward thinking distributor HospiServices is now part of our team. We are very pleased to be developing a relationship with them. Their well-established networks in the Middle East and Africa are a natural jumping-off point for the expected global growth of Kidz-Med."
HospiServices was established in 1993 to focus on capital equipment for surgery and intensive care. They expanded to serve the entire Middle East and Africa representing primarily German medical products. In 2006, a division was established dedicated to Handicapped and Home Care supplies. In 2007, a Pharmaceutical division was opened which now includes the Kidz-Med line.
About American Scientific Resources, Inc.
American Scientific Resources, Inc. is a purpose-driven consumer product manufacturer specializing in the clinical, home healthcare, infant and juvenile product industries. The Company sources and designs innovative health and safety products, developing advanced technology and intellectual property. Products are distributed through established relationships in-house and through an ever growing network of leading global healthcare distributors and retailers. Brands under the American Scientific Resources umbrella include Kidz-Med, Disintegrator Plus, VeraTemp and Mebby.
This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. 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 approvals for anticipated actions. This press release shall not constitute an offer to issue or sell, or the solicitation of an offer to buy securities, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.Media Contact:Jerry JenningsEmerson Gerard Associatesjerry@emersongerard.com561-881-7318Investor Contact:Investor RelationsAmerican Scientific ResourcesIR@americansci.com561-948-4863
|SOURCE American Scientific Resources, Inc.|
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