Innovative Holdings Alliance, Inc. Makes Key Acquisition of Architectural and Design Firm
02 April 2014 - 1:35AM
Marketwired
Innovative Holdings Alliance, Inc. Makes Key Acquisition of
Architectural and Design Firm
ATLANTA, GA--(Marketwired - Apr 1, 2014) - Innovative
Holdings Alliance, Inc. (OTC Pink: IHAI) (PINKSHEETS: IHAI) is
pleased to announce the formation of IHAI Architectural Design
Services Corporation and has entered into a definitive agreement to
acquire the right to do business as DLW Architects (DLW), along
with ongoing contracts for professional services from David L.
Wallace and Associates, P.A. David L. Wallace & Company,
started by David L. Wallace, Sr. in 1981, is presently under the
leadership of David L. Wallace, Jr. Since its inception, the firm
has been involved in the design, architecture, engineering,
construction and development of hundreds of projects worldwide. Mr.
Wallace has performed architectural and engineering services on
more than 2,000 hotels including brands from Hilton, Marriott,
Starwood and Hyatt, among others. DLW is a full service
architectural company anticipating fee income in excess of
$6,000,000.00 (six million dollars) for 2014. Neil Treitman, CEO of
Innovative Holdings, has worked with the Wallaces on numerous
projects since 1999. "DLW is assisting us in raising the bar for
patient-centered care as we bring hospitality to the medical
delivery system to meet the needs of discerning consumers," said
Treitman.
"We are extremely excited about this outstanding opportunity to
work with Neil and Innovative in this growing space. Through
quality patient-centered design, we endeavor to provide a superior
patient experience for the growing population of discerning
customers," said Wallace. Through our ownership of the
architectural business, Innovative will be better able to
coordinate the implementation of our technology into senior housing
by design. Combined with our technology, PCMH Essentials™, we
believe we will become the premier gateway from the primary care
office to the residences of aging baby boomers as they traverse the
continuum of care from independent living, to assisted living, and
on to skilled nursing facilities.
Treitman is certified as an Aging in Place Specialist by the
National Home Builders Association and looks forward to working
with other operators of assisted living and skilled nursing
facilities to meet the challenges of that competitive market.
IHAI is developing prototype plans for medical resorts and
extended stay facilities to expand the concept of patient-centered
care.
Patient-Centered Care supports the involvement of patients and
their families in the decision-making process of choosing patient
options for treatment. The IOM (Institute of Medicine) defines
patient-centered care as: "Providing care that is respectful of and
responsive to individual patient preferences, needs, and values,
and ensuring that patient values guide all clinical decisions."
For current information on the company, please visit our website
at http://www.innovativeholdingsalliance.com/
Our goal is to achieve patient centered care distinction, so
care is received in the right place, at the right time and the
right manner to best suit the patients' needs.
Innovative Holdings Alliance, Inc. has embraced, as its
corporate mission, a plan to acquire interests in and partner with
companies that are leading edge in their respective market niches,
and that have expectations of enhancing shareholder values.
This press release contains forward-looking information within
the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934 and is subject
to the Safe Harbor created by those sections. This material
contains statements about expected future events and/or financial
results that are forward-looking in nature and subject to risks and
uncertainties. Such forward-looking statements by definition
involve risks, uncertainties and other factors, which may cause the
actual results, performance or achievements of the Company to be
materially different from the statements made herein. Statements
contained in this news release, other than those identifying
historical facts, constitute "forward-looking statements" within
the meaning of Section 21E of the Securities Exchange Act of 1934
and the Safe Harbor provisions as contained in the Private
Securities Litigation Reform Act of 1995. Such forward-looking
statements relating to the Company's future expectations, including
but not limited to revenues and earnings, technology efficacy,
strategies and plans, are subject to safe harbors protection.
Actual Company results and performance may be materially different
from any future results, performance, strategies, plans, or
achievements that may be expressed or implied by any such
forward-looking statements. The Company disclaims any obligation to
update or revise any forward-looking statements.
Contact: Innovative Holdings Alliance, Inc. (470) 443-0401
Innovative Holdings Alli... (PK) (USOTC:IHAI)
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