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Dehaier Medical Systems Announces Closing of Initial Public Offering on NASDAQ
Date:4/22/2010

BEIJING, April 22 /PRNewswire-Asia-FirstCall/ -- Dehaier Medical Systems Ltd. (Nasdaq: DHRM), an emerging leader in the development, assembly, marketing and sale of medical products in China, announced today its initial public offering of 1,500,000 ordinary shares at $8.00 per share. The ordinary shares will begin trading today under the ticker symbol "DHRM" on the Nasdaq Capital Market.

(Logo: http://www.newscom.com/cgi-bin/prnh/20100422/CNTH001LOGO )

Of the 1,500,000 shares sold in the offering, all of the shares were sold by Dehaier Medical Systems.

Anderson & Strudwick, Inc. acted as the lead placement agent for the offering.

This news release does not constitute an offer to sell or a solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

    A copy of the prospectus relating to the offering may be obtained from:

    Mac Downs, Managing Director
    Anderson & Strudwick, Inc.
    707 East Main Street, 20th Floor
    Richmond, VA  23219
    Phone: +1-804-966-2468
    Email: mdowns@andersonstrudwick.com

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SOURCE Dehaier Medical Systems Ltd.
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