SOURCE: Millennium Healthcare Inc.

Millennium Healthcare Inc.

June 09, 2015 08:30 ET

Healthcare Executive Noel Mijares to Join Millennium Healthcare Inc. as New CEO

MELVILLE, NY--(Marketwired - Jun 9, 2015) - Millennium Healthcare Inc. (OTCQB: MHCC), a healthcare services and medical device distribution company, today announced that industry executive Noel Mijares will join the company as its new Chief Executive Officer. The exiting Chief Executive Officer, Dominick Sartorio, will continue in a strategic active leadership role with the company as Chairman of the Board. Mr. Mijares will formally assume the post on June 15, 2015.

Prior to joining Millennium, Mijares served as the President and CEO of Pharma Health, a national distributor of healthcare products and services. During his 20 year career, Mr. Mijares has founded and led several corporations, both domestically and internationally. Mr. Mijares began his career with Global Traders, a company he founded and led as President and CEO and an authorized dealer for NCR and its ATM Division in Latin America and the Caribbean basin. After successfully exiting Global Traders, Mr. Mijares founded Safe Wrap of America, an international baggage wrap security company operating in nine countries. Never short on ambition, Mijares saw an opportunity to revolutionize legal resources for professionals and founded The Subpoena Company, a formidable legal vendor with attorneys and publicly-traded insurance companies, nationally. Shortly thereafter, Mijares expanded his reach within the legal sector and formed Unisource Discovery, Inc., a digital records retrieval and eDiscovery company and became a thought leader and well-published author in this area.

Dominick Sartorio, Millennium's Chairman, stated, "We are thrilled to have Noel join us to lead the company. Millennium has grown to a size that necessitates additional executive leadership, and Noel brings both his healthcare industry leadership experience as well as his extensive executive management experience to the company."

Noel Mijares, Millennium's incoming CEO, added, "One of my core beliefs is that to be successful, you must embody tenacity. As Chief Executive Officer of Millennium, I will lead the growth of the company by applying constant and never ending improvement in the areas of product research and development, including acceleration of technology-based medical devices, designed to improve healthcare delivery, everywhere. There are a host of opportunities to capitalize upon that will undoubtedly place Millennium at the forefront of the industry. To start, I plan to work to transform Millennium from a distributor of medical devices to a technology-based company. This endeavor will include acquiring companies that can immediately contribute to this process."

About Millennium Healthcare Inc. (www.millenniumhcs.net)

Millennium Healthcare Inc., through its wholly owned operating subsidiaries, provides primary care physician practices, physician groups and healthcare facilities of all sizes with cutting-edge medical devices focused primarily on preventive care through early detection. The Company also provides advanced billing and coding services, and practice development and management services. For more information, please visit www.millenniumhcs.net.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995
This press release contains certain statements that may constitute "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995 (the "Reform Act"). Forward-looking statements are identified by such words and phrases as "we expect," "expected to," "estimates," "estimated," "current outlook," "we look forward to," "would equate to," "projects," "projections," "projected to be," "anticipates," "anticipated," "we believe," "could be," and other similar phrases. All statements addressing operating performance, events, or developments that we expect or anticipate will occur in the future, including statements relating to revenue growth, earnings, earnings-per-share growth, or similar projections, are forward-looking statements within the meaning of the Reform Act. Because they are forward-looking, they should be evaluated in light of important risk factors that could cause our actual results to differ materially from our anticipated results. The information provided in this document is based upon the facts and circumstances known at this time. We undertake no obligation to update these forward-looking statements after the date of this release.

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    James Moldenhauer
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