Navigation Links
HASCO Medical Announces its Fourth Acquisition in the Last 9 Months With the Purchase of Ride-Away
Date:3/5/2012

MOBILE, Ala., March 5, 2012 /PRNewswire/ -- HASCO Medical, Inc. (OTCBB: HASC), www.HascoMed.com a managed healthcare provider that serves patients in Alabama, Florida, and Mississippi, is pleased to announce that the Company has completed the acquisition of all of the outstanding capital stock of Ride-Away Handicap Equipment Corp., a closely-held New Hampshire corporation (Ride-Away).  The terms of the agreement are included in the Company's filings with the SEC, please visit www.sec.gov.

Starting in 1986, Ride-Away began modifying wheelchair vans for people with disabilities and quickly became a dominant leader of the vehicle modification industry. From the early stages of carpeting and paneling to full-service wheelchair van lifts and ramps, raised and lowered floor wheelchair van conversions, and full primary and secondary control modifications, Ride-Away has been a pioneer in the vehicle modification industry and continues to lead this growing and emerging market. Mark Lore, the founder and President of Ride-Away, will be staying on board to run the company. "Mark has over 25 years in the industry and we are excited that he has agreed to stay and help grow and drive the business," stated, Hal Compton Jr.

"Ride-Away is a great fit for HASCO Medical's long-term consolidation strategy," continued Hal Compton, Jr. CEO of HASCO Medical. "With the acquisition of Ride-Away, HASCO will now have over $70 million in annual sales.  HASCO will continue looking to grow organically or through more acquisitions in the future. We look forward to continuing Ride-Away's commitment and impeccable service they provide to their customers." 

About Ride-Away
Ride-Away is one of America's largest providers of wheelchair vans, vehicle modifications, and adaptive equipment including hand controls, wheelchair and scooter lifts, ramps, raised doors, lowered floors and specialized gas, brake and steering controls. Over 350 accessible vehicles, from manufacturers such as Braun and Viewpoint, are in stock throughout our 11 East Coast locations.

"The Braun Corporation has enjoyed a very successful, longstanding relationship with Ride-Away," said Nick Gutwein, President of the Braun Corporation, a leading manufacturer of wheelchair accessible vehicles. "We are confident that HASCO will build upon Ride-Away's success and continue to provide unmatched transportation solutions for people with disabilities."

Founded in 1986, our 11 East Coast locations are committed to offering a broad selection of specialized vehicles and services to meet the needs of every customer. All of our locations are also Quality Assurance Program (QAP) certified through the National Mobility Equipment Dealers Association (NMEDA), resulting in Ride-Away being held to the highest standards in the vehicle modification industry. For more information, please visit www.ride-away.com.

About HASCO Medical, Inc.
HASCO Medical ("HASC" or the Company) provides products and services that dramatically improve the quality of living for its customers.  The Company now consists of Southern Medical and Mobility, Inc. and Certified Medical on the DME side and Ride_Away, Mobility Freedom, Wheelchair Vans of America and Certified Auto on the Van Conversion/Rental side of the company.

This press release may contain forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. In some cases you can identify those so-called "forward looking statements" by words such as "may," "will," "should," "expects," "plans," "targets," "believes," "anticipates," "estimates," "predicts," "potential," or "continue" or the negative of those words and other comparable words. These forward looking statements are subject to risks and uncertainties, product tests, commercialization risks, availability of financing and results of financing efforts that could cause actual results to differ materially from historical results or those anticipated. Further information regarding these and other risks is described from time to time in the Company's filings with the SEC, which are available on its website at: http://www.sec.gov. We assume no obligation to update or alter our forward-looking statements made in this release or in any periodic report filed by us under the Securities Exchange Act of 1934 or any other document, whether as a result of new information, future events or otherwise, except as otherwise required by applicable federal securities laws.


'/>"/>
SOURCE HASCO Medical, Inc.
Copyright©2010 PR Newswire.
All rights reserved

Related medicine technology :

1. HASCO Medical Announces Approval to Acquire Certified Medical and Certified Auto of Ocala
2. HASCO Medical Announces Third Quarter 2011 Financial Results
3. HASCO Medical Chairman Provides $2 Million in Capital and a Personal Guarantee on Additional $2 Million Promissory Note
4. HASCO Medical, Inc. and Its Wholly Owned Subsidiary Mobility Freedom Announced Combined Pro Forma Financial Results for Year-End 2010 and First Quarter 2011
5. HASCO Medical Announces New Redesigned Websites for Mobility Freedom and Wheelchair Vans of America
6. HASCO Medical Inc. Names Mike Dumais the Vice President of Sales for Southern Medical and Mobility
7. HASCO Medical Announces Mobility Freedom Has Been Named the Authorized Braun Vehicle Dealership
8. HASCO Medical Announces Acquisition of Mobility Freedom Inc. and Wheelchair Vans of America
9. HASCO Medical Expands Online Offering
10. HASCO Medical Signs Agreement With the State of Alabama
11. Medical Care Technologies Inc. Announces Adjournment of Special Meeting
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/24/2016)... 2016   Bay Area Lyme Foundation , ... Center for Tick Borne Illness , Harvard Medical ... Hacking Medicine, University of California, Berkeley, and the ... five finalists of Lyme Innovation , the ... 100 scientists, clinicians, researchers, entrepreneurs, and investors from ...
(Date:6/24/2016)... June 24, 2016 The Academy of Managed ... recommendations that would allow biopharmaceutical companies to more ... that make formulary and coverage decisions, a move that ... new medicines. The recommendations address restrictions in ... on the drug label, a prohibition that hinders decision ...
(Date:6/24/2016)... 24, 2016 Research and Markets has ... Companion Diagnostic Tests" report to their offering. ... Diagnostics The World Market for Companion Diagnostics ... diagnostics. Market analysis in the report includes the following: ... Vitro Diagnostic Kits) by Region (N. America, EU, ROW), 2015-2020 ...
Breaking Medicine Technology:
(Date:6/27/2016)... ... June 27, 2016 , ... "FCPX editors can now ... of Final Cut Pro X," said Christina Austin - CEO of Pixel Film Studios. ... Final Cut Pro X users can now reveal the media of their split ...
(Date:6/27/2016)... ... June 27, 2016 , ... A revolution is ... emergency ambulance transport experience for the millions of people who require these medical ... the taxi industry through the use of technology. Now, SmartEMS has put forth ...
(Date:6/26/2016)... ... June 26, 2016 , ... On June 10-11, 2016, A ... 2016 Cereal Festival and World’s Longest Breakfast Table in Battle Creek, MI, where the ... history as home to some of the world’s leading providers of cereal and other ...
(Date:6/26/2016)... ... , ... Brent Kasmer, a legally blind and certified personal trainer is helping to develop a ... fitness app plans to fix the two major problems leading the fitness industry today:, ... type program , They don’t eliminate all the reasons people quit their exercise ...
(Date:6/25/2016)... ... , ... Austin residents seeking Mohs surgery services, can now turn to Dr. ... Russell Peckham for medical and surgical dermatology. , Dr. Dorsey brings specialization to include ... in Mohs Micrographic Surgery completed by Dr. Dorsey was under the direction of Glenn ...
Breaking Medicine News(10 mins):