Horizon Health International Aims for Five Million in Sales With Launch of New E-Commerce Website
November 09 2009 - 9:30AM
Marketwired
HORIZON HEALTH INTERNATIONAL CORP. (PINK SHEETS: HZHI), (The
Company) is pleased to announce the successful launch of their
e-commerce website www.medichair-calgary.com.
In May of 2009 Samson Industries, the Company's Canadian
Subsidiary, entered into a Licensing Agreement with MEDIchair
Calgary, Canada. Under the terms of the licensing agreement,
MEDIchair Calgary will pay to Horizon's wholly owned subsidiary, a
monthly license fee of $250 plus 50% of the profit realized from
on-line sales generated by MEDIchair through the website which is
owned and operated by Samson Industries.
The Agreement allows MEDIchair-Calgary (with estimated annual
sales of $ 5 million plus) to license Horizon Health
International's website (www.medichair-calgary.com) and call-centre
for live customer service and order processing. MEDIchair Calgary
is just one of 70 franchisees of MediChair Corporate) a division of
Lifemark Health. We will be entering into discussions with all the
franchisees to license our website. Such a network will provide us
with an economic access to a greater customer base and demographic,
an estimated market well over $100 Mio.
The website is an online store that provides clients access to
in excess of 4,000 products, competitive pricing and a safe, secure
and user friendly shopping experience. Product selection includes
adaptive technologies, orthopedics and ergonomics.
Jeff Hoogveld, President and CEO of the Subsidiaries, stated "We
are fully confident that our Canadian E-Commerce system, while in
its initial stages, is a product with great sales and growth
potential. The company is confident that this is the launch pad
that will propel it into the much larger US Market and in turn
opens the door to become a major global player in its niche market
under the guidance of a most experienced and dedicated team. These
assets allow the Company to look to a strong fiscal year
ahead."
BCC Research reported that: "The US market for assistive
technology is expected to be worth $ 38.2 billion in 2008, up from
36.4 billion in 2007. This should increase to 49.3 billion in 2013,
a compound annual growth rate (CAGR) of 5.3%"
The Company's Business:
The Company through its US and Canadian Subsidiaries is
servicing all of North America through its E-Commerce System,
providing services as a 'Home, Office and Workplace Medical
Equipment Specialist' offering a complete end-to-end shopping
experience for aids for daily living, disability products,
ergonomic solutions and leading-edge assistive technology through
online retail stores across North America.
Purchasing through our E-Commerce System makes life easier for
those challenged by a physical or cognitive limitation or
disability. No more trips to a store.
--- SHOP IN THE COMFORT OF YOUR HOME with delivery to your HOME!
---
Forward-looking statements in this release are made pursuant to
the "safe harbor" provisions of the Private Securities Litigation
Reform Act of 1995. Such forward-looking statements involve risks
and uncertainties, including, without limitation, continued
acceptance of the Company's products, increased levels of
competition, new products and technological changes, dependence
upon third-party suppliers, intellectual property rights, and other
risks detailed from time to time in the Company's periodic
reports.
Contacts: Horizon Health International Delbert G. Blewett
President 604-998-3385 horizonhealth@shaw.ca
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