SOURCE: HASCO Medical, Inc.

HASCO Medical, Inc.

July 02, 2014 08:31 ET

HASCO Medical Completes Certified Medical Divestiture, Becomes Pure-Play Vehicular Mobility Provider

ADDISON, TX and OCALA, FL--(Marketwired - Jul 2, 2014) - HASCO Medical, Inc. (OTCQB: HASC), a leading provider of handicap-accessible vans, parts and service, has sold its Certified Medical business in Ocala, Florida for an undisclosed amount to a private company.

"The divestiture represents our complete departure from the durable medical equipment business, and makes HASCO the only public company operating in the retail market for handicap-accessible vehicles," said Hal Compton, CEO of HASCO Medical. "The sale allows us to focus on our leading mobility brands, and we plan to invest the proceeds in the further development of our higher margin, higher growth vehicular mobility solutions and expansion of our dealership network."

About HASCO Medical, Inc.
HASCO Medical is a leading provider of handicap accessible vans, parts, and service that dramatically improve the quality of living of its customers. The company operates 19 locations from Maine to Florida. The company's mobility brands include Ride-Away (, Auto Mobility Sales (, Mobility Freedom ( and Wheelchair Vans of America ( To learn more, go to

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