VANCOUVER, British Columbia, Dec. 3 /PRNewswire-FirstCall/ -- AMS Homecare Inc. (BULLETIN BOARD: AHCKF) today announced that its U.S. subsidiary and a Canadian Pharmacy have signed a letter of intent to form a joint venture to enter the U.S. retail market with outlets that will offer traditional pharmacy products as well as AMS Homecare’s mobility and other medical products. The retail locations are to be named Zoen Medical Products, with the first outlet planned for the state of Washington.
“We consider this a key first step in our strategy for substantial expansion with distributorships in the U.S. market,” said Harj Gill, chief executive officer of AMS Homecare. “We believe the synergy of providing pharmaceutical services with our products-which are designed primarily for the elderly and others with mobility difficulties-will be a natural draw to our target market. We will provide further details on the joint venture as we move along in the process of establishing the U.S. outlets.”
Founded in 1989, AMS Homecare is a successful purveyor of mobility equipment, durable and disposable medical products and patient monitoring technology that is recognized for its innovation, quality and style. With a base of 300-plus dealer customers in Canada, the company is moving forward to strengthen its foundation and to build an organization capable of serving the independence needs of the aging populations in Canada and the United States. More information is available at http://www.amshomecare.com/ .
AMS Homecare Inc.
CONTACT: Daryl Hixt, Corporate Communication, +1-604-273-5173, ext 121,or ir@amshomecare.com; or At The Investor Relations Company, Chicago: KarlPlath kplath@tirc.com, or Woody Wallace, wwallace@tirc.com, +1-847-296-4200
Web site: http://www.amshomecare.com/