BEIJING, Dec. 10, 2014 (GLOBE NEWSWIRE) -- Dehaier Medical Systems Ltd. (Nasdaq:DHRM) ("Dehaier" or the "Company"), which develops, assembles, markets and sells medical devices and wearable sleep respiratory products in China, today announced that it attended the inaugural Western Sleep Conference (the "WSC") which took place December 5-6, 2014 in Chengdu, Sichuan Province. Sponsored by the Chinese Sleep Research Society, the WSC is a scientific and clinical meeting for sleep physicians, researchers, and industry practitioners, featuring panels, roundtables, workshops and an exhibition hall focused on the latest development in sleep research and sleep medicine and devices. The WSC is hosted by West China Hospital, Sichuan University ("West China Hospital"), one of the largest hospitals in China and an early adopter of Dehaier's wearable sleep respiratory solution systems.
Additionally, the Company attended the 5th National Sleep Respiratory Seminar (the "NSRS") held December 5-7, 2014 in Beijing. Since its inception in 2010, the NSRS has become the preeminent venue to present and discuss advances in respiratory care and sleep medicine, attracting hundreds of attendees from leading research institutes, hospitals and products and services providers every year.
The Company showcased its recently launched wearable sleep respiratory solution systems at both events. The Company's wearable sleep respiratory solution systems garnered positive reviews from attendees who attended the two conferences, including Dr. Xiangdong Tang, Director of Sleep Center at West China Hospital and a renowned sleep expert in China. "West China Hospital was among the earliest adopters of Dehaier's wearable sleep respiratory solution systems. Our initial clinical results showed much shorter test time with comparable accuracy compared to traditional PSG systems, benefitting both patients and physicians," said Dr. Tang at the WSC.
Ms. Reyna Dong, Marketing Director of Dehaier's Sleep Respiratory Products Division stated, "The WSC and NSRS conferences provided great opportunities for us to showcase our wearable sleep respiratory solution systems as we roll out a nationwide sales and marketing campaign. While we are encouraged by the market reception and early feedback from the 58 hospitals and medical examination centers that have adopted our wearable sleep respiratory solution systems, we expect broader and deeper market penetration of our sleep respiratory solution systems into major hospitals and medical examination centers across China in coming months."
About Dehaier Medical Systems Ltd.
Dehaier is an emerging leader in the development, assembly, marketing and sale of medical products, including medical devices and wearable sleep respiratory products. The company develops and assembles its self-branded medical devices and sleep respiratory products from third-party components. The company also distributes products designed and manufactured by other companies, including medical devices from IMD (Italy), HEYER (Germany) and Timesco (UK). Dehaier's technology is based on six patents and eleven software copyrights. More information may be found at http://www.dehaier.com.cn.
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 or performance, and underlying assumptions and other statements that are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product and service demand and acceptance, fulfillment of bids and contracts, changes in technology, economic conditions, the impact of competition and pricing, government regulation, 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.