SPARTANBURG, S.C., Feb. 5, 2007 (PRIME NEWSWIRE) -- ENCORE, the Health & Wellness Division of Southern Home Medical Equipment, Inc. (Pink Sheets:SHMM), announced today that it completed the closing of the purchase of Ladies Health & Fitness, USA. Based out of Greenville, S.C., Ladies Health & Fitness caters their 30-minute fitness programs exclusively to women. Greg Tucker, President of Southern Home stated, "We are excited to have this closing complete. The Ladies Health & Fitness team is an energetic group and they're passionate about what they do. We're optimistic about their long-term growth through franchising." Ladies Health & Fitness offers a complete range of circuit training equipment, including treadmills, recumbent bicycles, aerobic boards, elliptical trainers, dumbbells, free weights, glute press, and a full range of resistance machines.
Southern Home Medical is a holding company with a focus on medical equipment operations in the Southeastern United States. Formed in January 2005, with its principal place of business in Spartanburg, S.C., Southern Home Medical will be expanding its operations through the acquisition of existing durable medical equipment companies and through the start up of additional sites in strategic locations throughout the Southeast. Southern Home Medical provides "in-home" and nursing home patients with a complete line of medical equipment to include: oxygen concentrators, semi-electric beds, wheelchairs, CPAPs, BiPAPs, enteral tube feeding, etc. Through its Encore Division, Southern Home will also move into additional health, wellness, and fitness related businesses.
Kelly Wolff, Senior Director of Operations for Ladies Health and Fitness states, "We are pleased to be part of the Southern Home team. Our group is passionate about Health and Wellness and Southern Home provides us an exciting vehicle for growth." Kelly Wolff has been actively involved in the health and fitness industry since graduating from Clemson University in 1985 with a B.S. degree in Parks, Recreation, and Tourism Management. Kelly worked ten years as a model and instructor for the Millie Lewis Modeling agency and was crowned Miss Clemson in 1981. Kelly also stated, "We look forward to working with the Southern Home team."
Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The company intends that such proclamations about the Company's future expectations, including future revenues and earnings and all other forward-looking statements be subject to the safe harbors created thereby. Southern Home Medical Equipment, Inc. depends on outside resources to maintain its continuation. Since these statements involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results.