SOURCE: Allied Healthcare

Allied Healthcare

June 08, 2009 09:11 ET

Allied Healthcare International Inc. Appoints Head of Learning Disabilities Business

New Learning Disability Service Program Provides Opportunity for Growth in an Expanding UK Market Sector

NEW YORK, NY--(Marketwire - June 8, 2009) - Allied Healthcare International Inc. (NASDAQ: AHCI) (AIM: AHI) (http://www.alliedhealthcare.com), a leading provider of flexible healthcare staffing services in the United Kingdom, has appointed Tom Bourne as the Head of its Learning Disabilities business.

Mr. Bourne joins Allied Healthcare with more than twenty years of experience with an impressive track record in learning disabilities practice, policy, and provision. He has broad knowledge of the required service provisions within the UK learning disabilities market with demonstrated expertise concerning national standards and inspection criteria. Mr. Bourne's previous position was Learning Disabilities Specialist Development Manager at Nestor Healthcare Group plc, where he was instrumental in the development of Learning Disability services. Previously, Mr. Bourne worked in local authority learning disabilities departments, and served as Service Manager for Learning Disability Services at Cambridgeshire County Council, developing policy, training and best practice. Mr. Bourne also served as a Registered Manager at Independent Living Network East, a not-for-profit organization with a goal to promote independence and the integration of learning disabled people into their local communities.

Sandy Young, CEO of Allied Healthcare, commented: "Tom's appointment is a significant element of the company's strategy to address this key growth market in the UK. We already support a significant number of our service users with learning disabilities across many of our branches. The launch of our new integrated service program, under Tom's guidance, will allow us to capitalize on this growing market opportunity."

For more news and information on Allied Healthcare International Inc., please visit www.IRGnews.com/coi/AHCI where you can find the CEO's video, a fact sheet on the company, investor presentations, and more.

ABOUT ALLIED HEALTHCARE INTERNATIONAL INC.

Allied Healthcare International Inc. (http://www.alliedhealthcare.com) is a leading provider of flexible healthcare staffing services in the United Kingdom. Allied operates a community-based network of approximately 109 branches with the capacity to provide carers (known as home health aides in the U.S.), nurses, and specialized medical personnel to locations covering approximately 90% of the U.K. population. Allied meets the needs of private patients, community care, nursing and care homes, and hospitals.

FORWARD-LOOKING STATEMENTS

Certain statements contained in this news release may be forward-looking statements. These forward-looking statements are based on current expectations and projections about future events. Actual results could differ materially from those discussed in, or implied by, these forward-looking statements. Factors that could cause actual results to differ from those implied by the forward-looking statements include: general economic and market conditions; Allied's ability to continue to recruit and retain flexible healthcare staff; Allied's ability to enter into contracts with local government social services departments, NHS Trusts, hospitals and other healthcare facility clients on terms attractive to Allied; the general level of patient occupancy at our clients' hospitals and healthcare facilities; dependence on the proper functioning of Allied's information systems; the effect of existing or future government regulation of the healthcare industry, and Allied's ability to comply with these regulations; the impact of medical malpractice and other claims asserted against Allied; the effect of regulatory change that may apply to Allied and that may increase costs and reduce revenues and profitability; Allied's ability to use net operating loss carry forwards to offset net income; the effect that fluctuations in foreign currency exchange rates may have on our dollar-denominated results of operations; and the impairment of goodwill, of which Allied has a substantial amount on the balance sheet, may have the effect of decreasing earnings or increasing losses. Other factors that could cause actual results to differ from those implied by the forward-looking statements in this press release include those described in Allied's most recently filed SEC documents, such as its most recent annual report on Form 10-K, all quarterly reports on Form 10-Q and any current reports on Form 8-K filed since the date of the last Form 10-K. Allied undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

Contact Information

  • Allied Healthcare International Inc.
    Sandy Young
    Chief Executive Officer
    Paul Weston
    Chief Financial Officer
    UK 00-44-1785 810-600
    Email Contact
    Email Contact
    or
    The Investor Relations Group
    Adam Holdsworth
    212-825-3210
    or
    Cenkos Securities plc (Nominated Advisor)
    Elizabeth Bowman
    London: 00-44-20-7397-8928
    or
    Ian Soanes
    London: 00-44-20-7397-8924