REDHAWK APPOINTS DOLPHIN MEDICAL AS EXCLUSIVE SANDD™ DISTRIBUTOR FOR FIVE GULF COAST STATES
March 23 2020 - 8:00AM
InvestorsHub NewsWire
REDHAWK APPOINTS
DOLPHIN MEDICAL AS EXCLUSIVE
SANDD™ DISTRIBUTOR FOR FIVE GULF
COAST STATES
LAFAYETTE, LA -- March 23, 2020 -- InvestorsHub NewsWire
-- RedHawk Holdings Corp.
(OTC:
SNDD) ("RedHawk" or the "Company"),
a diversified
holding company engaged primarily in sales and
distribution of
medical devices, announced today that it has
entered into an agreement (the "Agreement") with Florida-based
Dolphin Medical LLC ("Dolphin") for the exclusive distribution of
RedHawk's line of needle incineration devices
("SANDD™") for the
States of Alabama,
Georgia, Mississippi, Tennessee and portions of Florida
(collectively "the Territories"). Under the Agreement, Dolphin has
committed, among other things, to purchase annually from RedHawk
for resale in the Territories, 6,000
SANDD
mini™, SANDD HP™ or
SANDD
FR™ needle
incineration devices, 2,000
SANDD Pro™
needle incineration devices and certain other medical supplies.
The Agreement provides that RedHawk will sell
the SANDD™ devices to Dolphin at list
price less a customary distributor
discount. Certain
volume
discounts are also available to Dolphin.
Sales to
Dolphin commenced in March 2020
to
assist
RedHawk
satisfy
increased product demand.
# # #
About RedHawk Holdings Corp.
RedHawk Holdings Corp., formerly Independence Energy Corp., is
a diversified holding company which, through its
subsidiaries, is engaged in the
sales and distribution of medical devices,
sales of branded generic pharmaceutical
drugs, commercial real estate investment
and leasing, sales of point of entry full-body security
systems, and specialized financial
services. Through its medical
products business unit, the Company sells
the Sharps and Needle Destruction Device
(SANDD™), WoundClot Surgical - Advanced Bleeding
Control, and the Carotid Artery
Digital Non-Contact Thermometer. Through our
United Kingdom based subsidiary, we manufacture
and market branded generic pharmaceuticals. RedHawk Energy
holds the exclusive U.S. manufacturing and distribution rights for
the Centri Controlled Entry System, a unique, closed cabinet,
nominal dose transmission full-body x-ray
scanner. For more information, please
visit: http://www.redhawkholdingscorp.com
Cautionary Statement Regarding Forward-Looking
Statements
This release may contain forward-looking statements.
Forward-looking statements are all statements
other than statements of historical fact. Statements
contained in this release that are not historical facts may be
deemed to be forward-looking statements. The words "anticipate,"
"may," "can," "plans," "believes," "estimates,"
"expects," "projects," "targets," "intends,"
"likely," "will," "should," "to be," "potential" and any similar
expressions are intended to identify those assertions as
forward-looking statements.
Investors are cautioned that forward-looking
statements are inherently uncertain. Actual
performance and results may differ materially from that
projected or suggested herein due to certain risks and
uncertainties, including risks and uncertainties related
to economic conditions and changes in market
conditions. In evaluating
forward-looking statements, you should consider
the various factors which may cause actual results to differ
materially from any forward-looking statements including those
listed in the "Risk Factors" section of our latest 10-K
report. Further, the Company may make
changes to its business plans that could or will affect
its results. Investors are cautioned that the Company will
undertake no obligation to update any forward-looking
statements.
Company
Contact:
G. Darcy
Klug, Chairman, CEO and CFO
(337)
269-5933
darcy.klug@redhawkholdingscorp.com
Investor
Relations:
Stephanie
Prince, Managing Director
PCG Advisory
(646)
762-4518
sprince@pcgadvisory.com
Media
Contact:
Valerie
Allen
Valerie Allen
Public Relations
(310)
382-7800
valerie@valerieallenpr.com
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