INDIANAPOLIS, Jan. 21 /PRNewswire-FirstCall/ -- Standard Management Corporation (the "Company," http://www.sman.com/ ) announced that it has terminated the definitive purchase agreement it signed for the previously announced acquisition of iCare Medical Supply, Inc. and its affiliated companies. The Company intends to continue to pursue other acquisitions in order to continue to expand its healthcare segment.
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Standard Management is a financial holding company headquartered in Indianapolis, IN. Information about the company can be obtained by calling the Investor Relations Department at 317-574-5221 or via the Internet at http://www.sman.com/ .
The statements contained in this press release that are not purely historical are forward-looking statements within the meaning of Section 37A of the Securities Exchange Act of 1934, including statements regarding the company's hopes, beliefs, intentions, or strategies regarding the future. Forward-looking statements include, but are not limited to, expectation of growth rates, new business, and acquisitions.
Photo: http://www.newscom.com/cgi-bin/prnh/20010416/STANDARDLOGOAP Archive: http://photoarchive.ap.org/PRN Photo Desk, photodesk@prnewswire.comStandard Management CorporationCONTACT: Mr. Michael B. Berry, Investor Relations of Standard ManagementCorporation, +1-317-574-2865
Web site: http://www.sman.com/
