Southern Home Medical Inc (SHOM): Link to today's news: http://finance....

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Monday, 01/26/2015 10:50:30 AM

Monday, January 26, 2015 10:50:30 AM

Link to today's news:

http://finance.yahoo.com/news/southern-home-medical-inc-announces-050000521.html;_ylt=AwrBT9ydYcZU3w0AU8NXNyoA

GREER, SC / ACCESSWIRE / January 26, 2015 / Southern Home Medical, Inc. (OTC Pink: SHOM) (SHOM), a holding company providing healthcare services, staffing and medical equipment to medical institutions and facilities announced today that it has signed a letter of intent to purchase back the Greenville/Spartanburg, SC market.

"The healthcare industry is growing and changing as we have never seen before," says Jeffrey L Sarvis, President & CEO of Southern Home Medical, Inc. "This creates many opportunities to leverage our geographical footprint and broaden our core business, increase market penetration and expand our revenue base."

This letter of intent provides for parties to complete a formal due diligence process over the next few weeks, with a final decision completed by January 31st. "We clearly see synergies associated with this transaction, and we look forward to continued success of the Encore brand," commented Buffy Tucker, Managing Partner with the Greenville/Spartanburg office.

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