BECKENHAM, England, Sept. 21 /PRNewswire-FirstCall/ -- True Health, Inc. (BULLETIN BOARD: TRHL) , a leader in healthcare recruitment and pressure relieving systems, today announced an increase in revenues for the first half of its 2004 fiscal year, the six months ended July 31, 2004. The Company reported revenues of $3,274,281 for the first six months, representing an increase of $1,844,473 over the same period in fiscal 2003. The growth in revenues was driven by a significant increase in both of the Company’s business lines, medical recruitment and medical equipment. Over the last year True Health has built upon the new clients that it has gained over the last year and has expanded in its geographic reach and market share in both business segments.
The growth in revenues has ensured an increase in gross profits by 81.6% in the first half of fiscal 2004 to $1,179,538 from $649,276 in the same period of the prior fiscal year.
“We are very pleased with the expansion of our operations and the resulting rapid growth in revenues compared with the last year. Our dynamic approach to sales, marketing and provision of excellent products and services to our clients, is born out of a constant striving to build True Health into an even more solid and robust business,” stated True Health CEO, Mr. David Francis. “Through our employees’ experience and hard work we aim to continue that growth.”
About True Health, Inc.
True Health, http://www.truehealth.us.com/ through its wholly owned subsidiary, Westmeria Healthcare Limited, http://www.westmeria.com/, is a full service specialist, medical equipment and medical professional supplier to the healthcare industry. Its primary clients are Great Britain’s National Health Service (NHS) and the private Nursing Home Industry. True Health delivers recruitment services to the NHS; specializing in the provision of locum radiographers, social workers and nurses. Its core business is supplying proprietary branded specialist pressure relieving equipment for the healthcare sector. The branded products are manufactured and licensed for the company in Germany, Belgium and Taiwan.
Contact: Mr David Francis, True Health in the U.K - +44 (0)208 658 9575, or dfrancis@westmeria.com
The statements contained in this news release that are not historical facts may be statements regarding the Company’s future that involve risks and uncertainties which could cause actual results to differ materially from those currently anticipated. For example, statements that describe the Company’s hopes, plans, objectives, goals, intentions or expectations are all forward looking statements. Any such statements made herein about the Company’s future are only made as of the date of this news release. Numerous factors, many of which are beyond the Company’s control, may affect actual results. The Company undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.
True Health, Inc.
CONTACT: Mr David Francis of True Health, +44-208-658-9575,dfrancis@westmeria.com
