HOUSTON--(BUSINESS WIRE)--Emerging Healthcare Solutions, Inc. (Pink Sheets: EHSI) disclosed today that the Company has executed a Term Sheet with Stand-By Systems. The Term Sheet represents successful negotiations between the two companies just ahead of finalizing a Definitive Agreement. Stand-By Systems (SBS) owns the FDA approved SBS 1615 catalytic oxygen generator and associated systems. This cutting edge generator provides medical grade USP oxygen at the push of a button from self-contained inert dry compounds. Stand-By Systems intends to make this portable personal life-saving device (smaller than the size of a soft drink can) become as common in everyday life as household fire extinguishers, smoke detectors and first-aid kits. The Term Sheet is pursuant to an option between the two companies that was executed and announced on May 10th.
