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Sanomedics Signs Definitive Agreement for Acquisition of a prominent Texas based Sleep Services company.
Date:7/11/2013

itemprop="name">Vann Duke, President, who has over 22 years of industry experience in the healthcare and medical equipment field. Mr. Vann Duke is a former US Western Division Sales Manager for Rotech Healthcare, Multiple Location Branch Manager for Apria Healthcare, and Houston Branch Manager for Lincare Inc.  Mr. Duke has a MS in Industrial Organizational Psychology from The University of Houston and a BS in Psychology from Sam Houston State University.

"This transaction opens an exciting new chapter for Duke and our customers," stated Mr. Duke. "We are committed to continued growth, and I believe our efforts will be better supported by partnering with Sanomedics in our shared vision of the expansive sleep apnea marketplace. While we remain focused on the execution of our long-term strategy, we believe that we will deliver immediate value to shareholders. I believe this transaction will generate a tremendous boost for Duke Medical and Sanomedics. With an aging population and vast needs for home medical equipment in the future, Duke Medical and Sanomedics are on the cusp of an incredible growth potential in healthcare."

Keith Houlihan, Co-founder and President of Sanomedics, stated, "This acquisition will take Sanomedics into new geographic markets and expand our efforts to build out a national platform of our sleep apnea service and product offerings. I am extremely pleased to have the opportunity to work with Mr. Duke and continue building upon his tradition of success. This is truly an exciting chapter in both companies history".

About Sanomedics International Holdings, Inc.

Sanomedics International Holdings, Inc. (OTCQB: SIMH) is a medical technology company that focuses on game changing products, services and ideas – a place where physicians, entrepreneurs, and medical companies can work together to drive innovative tech
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SOURCE Sanomedics International Holdings, Inc.
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