SPARTANBURG, S.C., Feb. 12, 2007 (PRIME NEWSWIRE) -- Ladies Health & Fitness USA, a subsidiary of Southern Home Medical Equipment, Inc. (Pink Sheets:SHMM) announced today that it has completed the closing of the purchase of Fast Track Fitness, Inc. Greg Tucker, President of Southern Home Medical stated, "We are pleased to have finalized this closing. This is a good fit for our team. We are pleased that this site will require very little expense in converting to the Ladies Health & Fitness brand."
Ladies Health & Fitness offers a complete range of circuit training equipment, including treadmills, recumbent bicycles, aerobic boards, elliptical trainers, dumbbells, free weights, glut 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.
Information on Ladies Health & Fitness is available at the website www.ladieshealthandfitnessusa.com
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.