Medex, Inc. Announces New Hires and Facilities Expansions
22 Septiembre 2010 - 3:05PM
Marketwired
Medex, Inc. (PINKSHEETS: MDXX), today announced four strategic
hires and several facilities expansions intended to foster
significant revenue and earnings growth at the Company's Creative
Rehab Technology Services, Inc. and Bee Mobile, Inc. operations.
Kia Davis, 35, has been appointed service coordinator for
Creative Rehab and will be based in that company's newly relocated
and expanded facility in Rancho Cucamonga, California. Davis will
be responsible for new business development in the greater Los
Angeles area as well as contracts management with a growing dealer
network there and throughout the Inland Empire.
Additionally, Michael Spradley, 40, has been hired as a seating
and mobility specialist. With significant industry contacts and
related sales experience, he will be supported by two additional
technician hires in San Diego and Escondido, California. These
individuals will support sales at Creative Rehab and servicing
contracts for Bee Mobile.
In related matters, Medex indicated that facility expansions are
in progress at Creative Rehab's headquarters in Chula Vista,
California and that Bee Mobile, in addition to the above referenced
Rancho Cucamonga relocation, has acquired an additional 5,000
square foot repair and warehouse facility in Fontana, California to
improve efficiency and output of its capacities.
Medex also indicated that Bee Mobile is currently finalizing
contractual arrangements with several dealers in the greater Las
Vegas area to provide services and repair.
"Growth in demand for products and service necessitate capital
investment for both plant infrastructure as well as key personnel.
We anticipate that this investment should yield a 30% revenue
growth for both companies combined with previously disclosed
corresponding cumulative net margin improvement," said Paul
Protzman, President of Medex, Inc. "We are encouraged by current
market response to these business lines."
About Medex, Inc.
Medex, Inc. is a development stage Nevada-based medical support
services company, which plans to grow through acquisitions of
medical supply companies, medical technology companies, and
assisted living and care facilities worldwide. For additional
information, see www.medexsynergies.com.
Safe Harbor Statement:
This release contains "forward-looking statements" within the
meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended,
and such forward-looking statements are made pursuant to the safe
harbor provisions of the Private Securities Litigation Reform Act
of 1995. "Forward-looking statements" describe future expectations,
plans, results, or strategies and are generally preceded by words
such as "may," "future," "plan," or "planned," "will," or "should,"
"expected," "anticipates," "draft," "eventually," or "projected."
You are cautioned that such statements are subject to a multitude
of risks and uncertainties that could cause future circumstances,
events, or results to differ materially from those projected in the
forward-looking statements, including the risks that actual results
may differ materially from those projected in the forward-looking
statements.
Investor Contact: MedEx, Inc. 1-800-869-1060
(USOTC:MDXX)
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