Definitive Agreements Executed Between London & Pacific Healthcare, Inc. And Five Healthcare Companies In U.S., U.K. And India
EL SEGUNDO, CA -- London & Pacific Healthcare, Inc. (“London & Pacific”, the “Company”) (PINKSHEETS: LDPH), a diversified healthcare holding company, announced today that it has executed definitive agreements with five healthcare companies with operations in the U.S., U.K. and India. The company’s role with each client is diverse, and may include services such as business development, corporate finance and strategic management.
Executive Chairman and CEO Stuart Bruck said, “We are enthusiastic about working with our clients and grateful that they have put their trust in us to accomplish their objectives. Each of these companies provides products and services in billion-plus dollar market segments and has the opportunity to attain future valuations worth in the hundreds of millions. London & Pacific continues to adhere to a ’smart growth’ strategy of providing our clients with the services they need and the expertise they demand.”
London & Pacific’s client list includes:
Clinication, Inc. (www.clinication.com), a developer and publisher of patient adherence systems that reduce avoidable healthcare costs resulting from patient prescription non-compliance that costs billions of dollars in unfilled, required prescriptions and in avoidable medical complications due to patients not adhering to their treatment regimens.
Ridgecrest Healthcare Group, Inc. (PINKSHEETS: RGHG) (www.ridgecresthealthcaregroup.com), a healthcare management services company that provides high level strategic advice and executive management support to large healthcare providers, healthcare companies, government and related companies and organizations.
RN India, Inc. (www.rnindia.com) meets the large growing demand for healthcare professionals through recruiting highly qualified, English-speaking nurses from India for healthcare facilities located throughout the U.S. Market trends indicate that by 2012, there will be over 1.1 million unfilled nursing positions nationwide
Salus Surgical Group, LLC (www.salus.com), focuses exclusively on developing and operating super premium physician-owned outpatient surgery facilities and boutique hospitals across the US with plans for international expansion. These facilities combine world-class surgeons with cutting edge technologies and facilities.
T-Med Behavioral, Inc. (www.t-medbehavioral.com) is an established mental health provider for elder-care facilities that uses video telemedicine services (VTM). Their proven business model is rapidly expanding and meeting a growing market demand through providing mental health programs to an untapped patient population in elderly facilities nationwide, where these services virtually do not exist outside of the telemedicine capability of T-Med.
Mr. Bruck added, “We are fortunate, that our experience and depth in the healthcare industry has given us a strong position to leverage our specialized skills. Our aim is to help companies build and implement dynamic business strategies to more easily navigate complex clinical and financial environments.”
Furthermore, London & Pacific’s strategy of delivering specialized business services and their focus on creating the most compelling solutions around these services has enabled the Company to create exciting opportunities. The Company’s priority is to deliver these opportunities and consolidate its world-class leadership team in key services by continuing to attract new clients and bring innovative and differentiated solutions to the market.
About London & Pacific Healthcare, Inc.
London & Pacific Healthcare, Inc., with offices in Los Angeles and London, is a diversified, healthcare holding company that works with a select group of companies and organizations to create extraordinary value, growth and financial returns. London & Pacific focuses its broad expertise on operational, regulatory and financial skills to achieve outstanding results for its clients, partners and investors. For additional information, please visit the corporate website at www.lphealthcare.com.
Safe Harbor Disclaimer: This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Statements in this release that are “forward-looking statements” are based on current expectations and assumptions that are subject to known and unknown risks, uncertainties or other factors which may cause actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Actual results could differ materially because of factors such as: the effect of general economic and market conditions, entry into markets with vigorous competition, market acceptance of new products and services, continued acceptance of existing products and services, technological shifts, and delays in product development and related product release schedules, any of which may cause revenues and income to fall short of anticipated levels.
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