Dehaier Medical Systems Ltd. Receives Software Copyrights for Four Proprietary Technologies
BEIJING, July 12, 2012 /PRNewswire-Asia-FirstCall/ -- Dehaier Medical Systems Ltd. (NASDAQ: DHRM) ("Dehaier"), an emerging leader in the development, assembly, marketing and sale of medical devices and homecare medical products in China, today announced that it has obtained software copyrights from the National Copyright Administration of PRC for four of its proprietary technologies, including:
(Logo: http://photos.prnewswire.com/prnh/20100422/CNTH001LOGO )
- Analysis and Monitoring Software of Adsorption Tower Oxygen Generation Process;
- Dehaier Homecare CPAP Controlling Software;
- Ventilator of CPAP Controlling Software; and
- Air Compressor Controlling Software.
These copyrights have been approved for 50 years. In addition to providing the Company protection in the event of infringement, the software copyright registration is essential to the Company's identification as a "software enterprise" or a "high-technology enterprise." These statuses are important to Dehaier, as they allow the Company to receive preferential government treatment, such as subsidies and tax benefits.
Mr. Ping Chen, CEO of Dehaier, commented, "We continue to focus on developing quality homecare medical devices, which rely on precise IT and software applications that Dehaier develops internally. These copyrights are important in protecting the technology that Dehaier is developing, especially as we introduce more products to market. We also expect to benefit from the favorable policies and subsidies from China's government as a result of our treatment as a hi-tech enterprise. With the addition of these copyrights, we have two utility model patents, four design patents and nine software copyrights. We will continue to protect our intellectual property portfolio in unison with strengthening our R&D capabilities, increasing our brand recognition, and gaining market share."
About Dehaier Medical Systems Ltd.
Dehaier is an emerging leader in the development, assembly, marketing and sale of medical products, including respiratory and oxygen homecare medical products. The company develops and assembles its own branded medical devices and homecare medical products from third-party components. The company also distributes products designed and manufactured by other companies, including medical devices from IMD (Italy), Welch Allyn (USA), HEYER (Germany), Timesco (UK), eVent Medical (US) and JMS (Japan). Dehaier's technology is based on six patents, nine software copyrights and proprietary technology. 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, government approvals or performance, and underlying assumptions and other statements that are other than statements of historical facts, including in particular any implications regarding the future validity of its copyrights or status as a hi-tech enterprise. These statements are subject to uncertainties and risks including, but not limited to, product and service demand and acceptance, changes in technology, economic conditions, the impact of competition and pricing, government regulation, future developments in payment for and demand for medical equipment and services, implementation of and performance under the joint venture agreement by all parties, 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.
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Dehaier Medical Systems Limited
Surie Liu
+86 10-5166-0080
lius@dehaier.com.cn
Dehaier Medical Systems Limited
Tina He
+86 10-5166-0080
hexw@dehaier.com.cn
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SOURCE Dehaier Medical Systems Ltd.