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Tuesday, 10/28/2014 9:48:33 PM

Tuesday, October 28, 2014 9:48:33 PM

Post# of 17001
Opportunist: We understand you recently signed an agreement to acquire Prime Time Medical, a Largo, Fla.-based durable medical equipment (DME) manufacturer. Can you share the details of this transaction and what it means for Sanomedics?

Keith Houlihan: Sure. Prime Time Medical is a leading provider of home medical equipment such as wheel chairs—electric and manual—and scooters, rehab products, respiratory equipment like oxygen concentrators and nebulizer compressors and diabetic supplies. They also have hospital beds, walkers, commodes and support surface products for wound care management. Their customers are mainly in West Central Florida but they are expanding pretty quickly throughout the state of Florida. We intend to use Prime Time’s products to help launch our efforts in the area of sleep apnea treatment and prevention. They will also give us the opportunity to distribute our thermometers nationally and to secure new customers that are dealing with various disease states. We are ramping our operations up into a little bit more of I guess what you would call the acute care space.

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