Sanomedics International Holdings Inc. Announces Over $501K In New Business Backlog Received In The Month Of October
MIAMI, Oct. 28, 2014 (GLOBE NEWSWIRE) -- Sanomedics International Holdings, Inc. (OTCQB:SIMH), announced today that the Company is experiencing very strong demand for the Caregiver® TouchFree™ InfraRed Thermometer from an influx of new purchase orders.
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The increase in volume is coming from both existing repeat customers as well as new orders generated from the screening requirements instituted by healthcare facilities and government agencies dealing with the EBOLA threat.
"Our top line revenue continues to exceed expectations," said Keith Houlihan, President. "Demand for our Caregiver TouchFree™ InfraRed Thermometer has been enormous of late and is driving significant revenue growth and increased shareholder value. We expect this trend to continue as healthcare facilities adopt our device as the standard of care."
Inquires and orders for the Caregiver® have originated not only from our core North American markets but from US foreign embassies, governments and healthcare facilities in Europe, Asia and Africa. The Company is ramping up production to meet the expected near-term as well as long-term demand.
The product is ideally positioned for the current environment as the healthcare provider does not touch the patient when taking the temperature. No medical waste is produced and Caregiver is FDA-cleared for use by medical professionals.
About Sanomedics International Holdings, Inc.
Sanomedics International Holdings, Inc. (OTCQB:SIMH) is a medical technology holding company that focuses on game changing products, services and ideas -- a place where physicians, entrepreneurs, and medical companies can work together to drive innovative technologies through concept, development, and ultimately commercialization. Sanomedics plans to grow existing business organically and through strategic acquisitions specifically relating to healthcare technology and services.
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Forward Looking Statements
This press release may contain statements which constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the intent, belief or current expectations of the Company, its directors, or its officers with respect to the future operating performance of the Company. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties (for example, the risk that the acquisition is not consummated), and that actual results may differ materially from those in the forward-looking statements as a result of various factors. The Company's periodic filings with the Securities and Exchange Commission should be viewed for a complete understanding of risk and uncertainty.
CONTACT: Keith Houlihan Sanomedics International Holdings, Inc. info@Sanomedics.com 
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