SOURCE: Medytox Solutions, Inc.

Medytox Solutions, Inc.

October 29, 2014 11:00 ET

Laboratory and Health Technology Co., Medytox Solutions, Inc., Names Seamus Lagan New CEO

Lagan Takes Helm as Company Accelerates Growth Through Acquisitions and Ramped-Up Sales

WEST PALM BEACH, FL--(Marketwired - Oct 29, 2014) - Medytox Solutions, Inc. (OTCBB: MMMS), a diversified healthcare company that owns and operates lab and health IT companies, announced today it named Seamus Lagan as CEO. He is a longtime consultant to private companies in the United States and abroad and previously served as CEO for three of Medytox's subsidiaries: Medytox Marketing and Sales, Inc., Medytox Diagnostics, Inc., and Medytox Information and Technology, Inc. In his expanded role, Mr. Lagan will concentrate on Medytox's national growth, increasing the company's offerings, identifying businesses for potential acquisition and investment, and growing Medytox's management team. In addition, he will continue to raise capital for the company.

Becoming CEO caps off a year of significant, positive change that has more than doubled the company's size. During the past year Mr. Lagan oversaw three acquisitions: a California-based laboratory; ClinLab, a lab information system; and Medical Mime, an electronic health records developer. The acquisitions along with organic growth increased employee headcount from 72 to more than 160 employees, including an information technology team of more than twenty people.

"Seamus has already demonstrated his expertise for successfully spearheading major mergers," said Sebastien Sainsbury, CEO of Platinum Financial Solutions, Ltd., a financial services subsidiary of Medytox Solutions, Inc. "He understands how to build a strong foundation that can support growth to achieve both short- and long-term goals. In addition, he brings a depth of international experience and uncompromising ethics."

Mr. Lagan has worked in a number of industries, including information technology, waste management, mining, and alternative energy. In fact, his experience in information technology was the catalyst for Medytox's concentration on the vertical integration of laboratory information systems, electronic health records, and lab ordering systems to provide an integrated array of products for the company's roster of lab clients.

"Since I founded Medytox with my colleagues, I've already had the opportunity to achieve goals to reach our next phase. Following our recent acquisition of Medical Mime, we're looking at other companies for acquisitions and investing in the resources to fuel organic growth in target sectors," said Mr. Lagan. "This can't be accomplished alone. I can't emphasize enough the value of our team. Having the right people by my side makes me confident Medytox will become a major player in this industry."

Seamus Lagan, a native of Northern Ireland, divides his time between the United States, the United Kingdom and Nassau, Bahamas.

About Medytox Solutions, Inc. Medytox (OTCBB: MMMS) is a holding company that owns and operates businesses in the medical services sector, including clinical laboratory blood and urine testing services. It operates six laboratories throughout the U.S. with a particular emphasis in the provision of drug toxicology and monitoring pain medication utilization. Clients include physicians, clinics and rehabilitation facilities throughout the United States.

Contact Information

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    Meieli Sawyer
    The Weinbach Group, Inc.
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