The Board of Directors of National Healthcare Logistics (PINK SHEETS:NHLG) has named Robert (Bob) A. Simpson to its Board. Mr. Simpson is currently the President and CEO of both LeeSar, Inc., and Cooperative Services of Florida, two corporations in Fort Myers, FL, that are service providers to local integrated healthcare delivery systems or networks (IDNs). NHLG was launched in 1997 as a company promoting a new design for the healthcare supply chain. NHLG is a service provider to multi-hospital systems commonly referred to as Integrated Healthcare Delivery Networks or "IDNs". The first "logistics model" for IDNs concentrated on reengineering the flow of all routinely purchased supplies by setting up a dedicated distribution facility that became the sole source of such supplies for the IDN healthcare facilities. By so doing, NHLG provided a vehicle that made supply replenishment vastly more efficient and provided cost cutting opportunities that were thought unattainable. LeeSar was the very first project for NHLG, beginning back in 1998, and continuing its mission to the current day to serve its prestigious hospital systems or IDNs that created LeeSar in 1998. LeeSar is a cooperative owned by Lee Memorial in Fort Myers and Sarasota Memorial in Sarasota. NHLG president, Joe W. Smith, commented, "Mr. Simpson has had a long, distinguished, and very successful career in healthcare; and his addition to our Board at this time is a major step to secure the guidance and direction going forward that will insure the success of our company. Bob's entire career in healthcare is testimony to his creative genius, and his pioneering spirit. In his role as President and CEO of LeeSar Bob has been at the forefront of changing and improving the very flawed healthcare supply chain." According to Smith, "what Bob has accomplished at LeeSar is a blueprint of the future changes to come in the healthcare logistics. The direction that Bob can provide from our Board will help to place NHLG at the forefront of that change." Smith stated that, "We began something back in 1998 with LeeSar that proved to be the logistics model of the future because it is a great improvement over the traditional logistics model. Our model has continued to evolve so that it is far advanced from just being the most efficient model for moving supplies from producer to patient." Bob Simpson has a diversified background in healthcare. From 1976 until the present, he has worked in hospital systems or the provider side in capacities as Director of Materials Management, Vice President of Materials Management, in the strategic sourcing and contracting side as Vice President for large group purchasing organizations, and in the supplier side with several executive level positions. All of which led him to his current role as President and CEO of LeeSar. For more detail about the company, its management, and projects, please refer to our web site: www.nhcl-online.com/ This news release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Act of 1934, as amended; such statements are subject to risks and uncertainties that could cause actual results to vary materially from those projected in the forward-looking statements. The Company may experience significant fluctuations in operating results due to a number of economic, competitive and other factors. These factors could cause operations to vary significantly from those in prior periods, and those projected in forward-looking statements. Information with respect to these factors, which could materially affect the Company and its operations, are included on certain forms the Company files with the Securities and Exchange Commission. National Healthcare Logistics, Inc. (PINK SHEETS:NHLG)
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