Dehaier Medical Systems Ltd. Signs a Strategic Cooperation Agreement With WideMed

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BEIJING, May 20, 2013 (GLOBE NEWSWIRE) -- Dehaier Medical Systems Ltd. (Nasdaq:DHRM) (“Dehaier” or the “Company”), an emerging leader in the development, assembly, marketing and sale of medical devices and homecare medical products, today announced that it entered into a strategic cooperation agreement with WideMed Ltd. (TASE:WDMD), a leading Israeli company engaged in the research, development and sale of innovative products for the growing bio-medical signal diagnostics and treatment market, to become WideMed’s exclusive partner in China to market the Morpheus Ox System, a cost-effective, portable home sleep diagnostic and monitoring solution which enables to diagnose sleep disorders using a standard oximeter recording plethysmograph signal. The Signing Ceremony of Cooperation has been hold on May 20, 2013 and invited Mr. Matan Vilnai, The Israeli Ambassador to China, and also officials from Changping District of Beijing City to attend the ceremony.

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