BEIJING, Dec. 16, 2011 /PRNewswire-Asia-FirstCall/ --
Dehaier Medical Systems Ltd. (NASDAQ: DHRM) ("Dehaier" or
the "Company"), an emerging leader in the development, assembly,
marketing and sale of medical devices and homecare medical products
in China, today announced that it
has signed on three Romanian companies to distribute Dehaier's
DHR-5L oxygen concentrators in Romania. This marks Dehaier's first entry into
the European homecare medical product market.
(Logo: http://photos.prnewswire.com/prnh/20100422/CNTH001LOGO
)
Ms. Rayna Dong, Director of
Dehaier's International Business Department said, "We are delighted
to establish cooperation with our new distributors in Europe. To extend Dehaier's market reach, our
international sales forces have actively sought distribution and
OEM opportunities and have participated in international medical
equipment trade shows. These activities also promote our market
acceptance and brand awareness outside China. We believe that our homecare medical
products, such as our full line of sleep-disordered breathing and
respiratory products, are not only competitive in terms of quality
and price, but also provide all-in-one solution to our end users.
Going forward, we will continue to seek distributors to penetrate
international markets."
"Our partnership with those distributors in Europe will allow Dehaier to extend its
footprint into Europe and marks a
significant milestone forward in our international market
development plan," commented Mr. Ping
Chen, Chief Executive Officer of Dehaier Medical. "We
believe that the market potential for our homecare medical products
is well beyond the Chinese domestic market. In the coming years, we
will continue developing the European and other international
markets. As we pursue regulatory approvals in Europe and the
United States for more of our products, we aim to sign on
more international distributors to reach a wider global
market."
About Dehaier Medical Systems Ltd.
Dehaier is an emerging leader in the development, assembly,
marketing and sale of medical products in China, including respiratory and oxygen
homecare medical products. The company develops and assembles its
own branded medical devices and homecare medical products from
third-party components. The company also distributes products
designed and manufactured by other companies, including medical
devices from IMD (Italy), Welch
Allyn (USA), HEYER (Germany), Timesco (UK), eVent Medical (US) and
JMS (Japan). Dehaier's technology
is based on five patents and five software copyrights; additionally
Dehaier has three pending patents, six pending software copyrights
and proprietary technology. More information may be found at
http://www.chinadhr.com.
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, government approvals
or performance, and underlying assumptions and other statements
that are other than statements of historical facts, including in
particular statements about Dehaier's international growth plans
and prospects, future acceptance of its products in China and abroad, receipt of regulatory
approvals for Dehaier's products and results of relationships with
distributors. These statements are subject to uncertainties and
risks including, but not limited to, product and service demand and
acceptance, changes in technology, economic conditions, the impact
of competition and pricing, government regulation, future
developments in payment for and demand for medical equipment and
services, implementation of and performance under the joint venture
agreement by all parties, 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 Us
Dehaier Medical Systems Limited
Surie Liu
+86 10-5166-0080
lius@dehaier.com.cn
Dehaier Medical Systems Limited
Lisa Zhou
+86 10-5166-0080
zhouyj@dehaier.com.cn
SOURCE Dehaier Medical Systems Ltd.