Navigation Links
Sanomedics Signs Definitive Agreement to Acquire Prime Time Medical
Date:4/29/2013

MIAMI, April 29, 2013 /PRNewswire/ -- Sanomedics International Holdings, Inc. (OTCQB: SIMH) ("Sanomedics"), a medical technology holding company that focuses on game-changing products, services and ideas, announced that it has entered into a definitive agreement to acquire Prime Time Medical, Inc., of Largo, Florida ("Prime Time") for an aggregate purchase price of $3,000,000, which includes the issuance of $750,000 in common shares of Sanomedics (approximately 468,000 shares), $1 million in seller debt, and $1,250,000 cash consideration payable within 90 days (subject to certain adjustments). The transaction is expected to close during Sanomedics' fiscal second quarter ending June 30, 2013, and is subject to customary closing conditions. Prime Time generated approximately $5 million in annual revenue in 2012.

Summary of the Acquisition

Prime Time Medical, Inc., is a leading Durable Medical Equipment (DME) provider of home medical equipment with products such as power wheel chairs and scooters specializing in complex rehab products, respiratory equipment including oxygen concentrators and nebulizer compressors, diabetic supplies, hospital beds, bariatric equipment, walkers, CPMs, commodes, manual wheel chairs and support surface products for wound care management, servicing consumers throughout West Central Florida and aggressively expanding throughout the state. Since its inception, Prime Time has maintained the requisite licensure as a qualified DME provider from the State of Florida and National Supplier Clearinghouse for processing of Medicare claims.

Prime Time's leadership team has combined industry experience of over 60 years. Prime Time is led by Mark Miklos , President, who has over 20 years of industry experience in the healthcare and medical equipment field. Mr. Miklos is a former principle of a very successful sp
'/>"/>

SOURCE Sanomedics International Holdings, Inc.
Copyright©2012 PR Newswire.
All rights reserved

Page: 1 2 3

Related medicine technology :

1. Mr. William Lerner, Esq. nominated to the Board of Directors of Sanomedics International Holdings, Inc.
2. AtheroNova Signs Agreement for Development of Clinical Trial Supplies
3. Southern Research Signs Agreement with Apath, LLC to Conduct Preclinical Studies with Virus-Based HCV Screenings
4. VWR International, LLC Signs Agreement to Acquire basan Germany GmbH
5. Haemonetics Signs Definitive Agreement To Acquire Hemerus Medical, LLC
6. Haemonetics Signs Definitive Agreement to Acquire Pall Corporations Blood Collection, Filtration and Processing Product Lines For $551 Million
7. H. D. Smith Signs Three Year Prime Vendor Agreement with PharmacyGPO Buying Group
8. Bacterin International Signs Its Third National GPO Contract with Novation
9. MusclePharm Signs Pro Baseball Rookie Phenom Bryce Harper As Sponsored Athlete
10. Masimo Signs Pronto-7™ Distribution Deal with Henry Schein
11. Unilife Signs Long-Term Supply Contract for the Unifill Prefilled Syringe
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:8/21/2014)... The spinal column is one of the most delicate and ... from the brain through the column control many key functions ... here can be life altering, and leave the victim in ... body. Though back injury and disease can have an intensely ... available to make things better than ever before. Laser ...
(Date:8/21/2014)... /CNW/ - Eisai Limited is pleased to support the Canadian ... book available in Canada . The comic ... educate children and their parents about epilepsy, the most common ... than 300,000 Canadians. Eisai is guided by a corporate philosophy ... the patient is central – there was a need within ...
(Date:8/21/2014)... Mass. , Aug. 21, 2014  Decision ... COPD,  physicians in Brazil ... follow clinical guidelines and commonly prescribe long-acting beta-agonist ... although they do so within current severe cost/coverage ... (FDCs) that are expected to launch in these ...
Breaking Medicine Technology:Don't Live in Pain: Four Life Improving Benefits of Back Surgery 2Eisai Pleased to Support Canadian Epilepsy Alliance Comic Book that Teaches Children About Epilepsy 2Novel Fixed-Dose Combinations for COPD in Brazil and Mexico Will Compete With Well-Established Therapies in an Environment Dominated by Aggressive Cost-Control Mechanisms 2Novel Fixed-Dose Combinations for COPD in Brazil and Mexico Will Compete With Well-Established Therapies in an Environment Dominated by Aggressive Cost-Control Mechanisms 3
... , PALM CITY, Fla. , Jan. ... CTYX.PK) is pleased to announce its association with the commencement ... agreement provides for the promotion of MedFlash® through The Orlando ... Orlando, Florida,s Walgreens stores.  In store promotional displays ...
... , NEW YORK , ... biopharmaceutical company developing novel therapeutics for chronic fibrotic and metabolic ... Preferred Series B financing by its majority shareholder Genextra ... CEO commented, "This financing is recognition of the success we ...
Cached Medicine Technology:Connectyx Announces MedFlash(R) 'Sixth Man Fan Promotion' in Conjunction With Walgreens and The Orlando Magic 2Connectyx Announces MedFlash(R) 'Sixth Man Fan Promotion' in Conjunction With Walgreens and The Orlando Magic 3Connectyx Announces MedFlash(R) 'Sixth Man Fan Promotion' in Conjunction With Walgreens and The Orlando Magic 4Intercept Pharmaceuticals Raises $25 Million Series B Financing 2Intercept Pharmaceuticals Raises $25 Million Series B Financing 3
(Date:8/21/2014)... California (PRWEB) August 21, 2014 The ... initial plans for entertainment and programming for its inaugural ... On Sunday, October 12, 2014, from 11 a.m. to ... closed to all cars and the downtown will be ... activities, curated by Community Arts Resources (CARS), for all ...
(Date:8/21/2014)... -- Among seniors, dimming vision may be tied to ... than 2,500 people, aged 65 to 84, who were assessed ... and eight years later. Vision loss over time was ... during the study period, the researchers reported. Although the ... Christ of Purdue University in West Lafayette, Ind., offered up ...
(Date:8/21/2014)... A new study published this week ... disability associated with speech problems from 2001-02 to 2010-11 ... increase in disability associated with hearing problems. The data ... of children who are experiencing communication disorders, according to ... On a broader level, the new study, Changing ...
(Date:8/21/2014)... Aug. 21, 2014 Researchers in the United Kingdom ... can quickly and accurately diagnose a number of rare ... study published online today in Ophthalmology , ... Using a single test, doctors were able to tailor ... mutations reducing the time and money spent on diagnosis ...
(Date:8/21/2014)... (PRWEB) August 21, 2014 The ... Market by Pollutant Control System (FGD, DeNOx, Particulate ... Iron & Steel, Chemical & Others) - Global ... the global industrial flue gas treatment systems & ... global market size in terms of value. The ...
Breaking Medicine News(10 mins):Health News:"Re:Imagine Garden Grove - A Downtown Open Streets Event" 2Health News:"Re:Imagine Garden Grove - A Downtown Open Streets Event" 3Health News:"Re:Imagine Garden Grove - A Downtown Open Streets Event" 4Health News:Failing Vision Tied to Shorter Lifespans for Seniors 2Health News:New Pediatrics Study Reveals Dramatic Increase in Speech Problems in Children Over Past Decade 2Health News:New Pediatrics Study Reveals Dramatic Increase in Speech Problems in Children Over Past Decade 3Health News:New DNA test for diagnosing diseases linked to childhood blindness 2Health News:Industrial Flue Gas Treatment Systems Market Estimated to Worth $59, 546.7 Million by 2019 – Report by MarketsandMarkets 2Health News:Industrial Flue Gas Treatment Systems Market Estimated to Worth $59, 546.7 Million by 2019 – Report by MarketsandMarkets 3Health News:Industrial Flue Gas Treatment Systems Market Estimated to Worth $59, 546.7 Million by 2019 – Report by MarketsandMarkets 4
... have found that recognisation of West Nile Virus (WNV) ... allows the virus to cross the blood-brain barrier (BBB) ... stranded RNA (ssRNA) flavivirus with a life cycle that ... can become infected. In humans, infection is generally asymptomatic ...
... a conference of the International Aids Society Conference in// ... men were 65 per cent less likely to become ... studies have suggested that circumcision lowers rate of HIV ... Africa, where some tribes routinely circumcised while others did ...
... Hail protein! So finally scientists have been able to zero ... The basis of the well known “rage” diets like Atkins ... restriction of carbohydrate foods. As a consequence protein in the ... for weight loss and rightly so. These diets work in ...
... may be using baby talks for longer times than ... warns scientists. ,Linda Crowe, associate professor in the ... said that it’s important for the parents to identify ... delays can range from a child being slow to ...
... and other clinically important conditions that would be missed ... according to a study in the August issue of Radiology. ... may be as significant as the chance of finding cancer ... at the Veterans Affairs Medical Center and associate professor and ...
... to conventional// therapy may soon get help from a ... a professor of gastroenterology at the University of Alberta, ... and the University of North Carolina administered probiotic bacteria ... aged 18-65. ,Probiotics are preparations of living ...
Cached Medicine News:Health News:Toll-like Receptor (Tlr3) Attachment Leads To Lethal Encephalitis 2Health News:More News That Circumcision Could Reduce risk of HIV infection 2Health News:Weighty problem: Protein is the solution? 2Health News:Weighty problem: Protein is the solution? 3Health News:Weighty problem: Protein is the solution? 4Health News:Language Delays May Not Be Normal In Children 2Health News:Virtual Colonoscopy May Be Better Than Real-time Colonoscopy 2
Nidek offers 3-Dx Digital stereo camera to provide a complete and comprehensive digital imaging platform....
Measurement of progressive multi-focal lenses is fast and easy with the CLM-3000 auto-lensmeter. The data is represented in a simple to understand bar graphic display....
Auto Lensmeter LM-970...
Autolensmeter with black/white monitor and no internal printer....
Medicine Products: