Dehaier Acquired Multiple International Players' Authorization for Chinese Government Procurement
April 16 2014 - 8:30AM
Dehaier Medical Systems Ltd. (Nasdaq:DHRM)
("Dehaier" or the "Company"), an emerging leader in the
development, assembly, marketing and sale of medical devices and
sleep respiratory products in China, today announced that it will
serve as the exclusive product-appointed distribution agent for
some of the world's leading medical equipment companies in bidding
for multiple government procurement projects in China, the
procurement projects we are bidding for are designated by these
companies.
The appointed products the company is authorized for the
procurement include Harmonic System from Johnson & Johnson
Medical (Shanghai) Ltd., the MasterScreen™ pulmonary function
testing system from CareFusion (Shanghai) Commercial and Trading
Co. Ltd., ventilator from Weinmann GmbH + Co. KG, infusion pump
from B. Braun Medical (Shanghai) International Trading Co., Ltd.,
spectrophotometer from Shimadzu (China) Co., Ltd. and portable
color Doppler ultrasound, versatile anesthesia machine and
multi-parameter monitor from Mindray Medical International Limited.
The aggregate value of the procurement projects is expected to be
approximately $21 million.
Dehaier Chairman and CEO Mr. Ping Chen stated, "With rich
experience and resources in the Chinese medical equipment industry,
especially with its mature sales and distribution networks across
China, Dehaier has earned a strong reputation and increased product
support from global medical equipment companies who seek to
penetrate the vast Chinese healthcare market. Today we are excited
and honored to enter into these exclusive arrangements with
international medical equipment manufacturers to distribute their
flagship products in China and to participate in potential
government procurement projects. In the past year, the Chinese
government procurement business has been one of Dehaier's major
focuses. With a fast growing economy and aging population, we
believe the Chinese government will continue to invest more to
upgrade its healthcare system, particularly China's medical
equipment. By partnering with world-renowned medical device
companies, we are confident that our government procurement
business will progress in 2014 and beyond. Dehaier is currently
working on a preparation for the procurement biddings and expects
to win them in quarters to come."
About Dehaier Medical Systems Ltd.
Dehaier is an emerging leader in the development, assembly,
marketing and sale of medical products, including medical devices
and sleep respiratory products. The company develops and assembles
its self-branded medical devices and sleep respiratory products
from third-party components. The company also distributes products
designed and manufactured by other companies, including medical
devices from IMD (Italy), HEYER (Germany) and Timesco (UK).
Dehaier's technology is based on six patents and ten software
copyrights. More information may be found at
http://www.dehaier.com.cn
Forward-looking Statements
This news release contains forward-looking statements as defined
by the Private Securities Litigation Reform Act of 1995.
Forward-looking statements include statements concerning plans,
objectives, goals, strategies, future events or performance, and
underlying assumptions and other statements that are other than
statements of historical facts. These statements are subject to
uncertainties and risks including, but not limited to, product and
service demand and acceptance, fulfillment of bids and contracts,
changes in technology, economic conditions, the impact of
competition and pricing, government regulation, and other risks
contained in reports filed by the company with the Securities and
Exchange Commission. All such forward-looking statements, whether
written or oral, and whether made by or on behalf of the company,
are expressly qualified by the cautionary statements and any other
cautionary statements which may accompany the forward-looking
statements. In addition, the company disclaims any obligation to
update any forward-looking statements to reflect events or
circumstances after the date hereof.
CONTACT: Dehaier Medical Systems Limited
+86 10-5166-0080
Surie Liu lius@dehaier.com.cn
Janice Wang wangxq@dehaier.com.cn
Lianluo Smart (NASDAQ:LLIT)
Historical Stock Chart
From Aug 2024 to Sep 2024
Lianluo Smart (NASDAQ:LLIT)
Historical Stock Chart
From Sep 2023 to Sep 2024