SOURCE: Medical Institutional Services Holdings, Inc.

April 22, 2008 09:15 ET

Medical Institutional Services Holdings Finalized Agreements With Cardinal Health

FORT LAUDERDALE, FL--(Marketwire - April 22, 2008) - Medical Institutional Services Holdings Inc. (MIHS) (PINKSHEETS: MIHS) has finalized financial and supplier contracts with Cardinal Health, one of the nation's leading manufacturers of medical supplies. Cardinal, whose revenues exceed $87 billion dollars, provides the industry with the finest and most current technology available in the world. "We are very excited to have signed this landmark contract. To be affiliated with a company of this magnitude is a great honor for MIHS. This signing speaks loudly for our business plan as well as our expansion plans," said Ron Berman, MIHS President. This contract will enable MIHS to expand into many new avenues of distribution with a direct effect on revenues and profitability.

About MIHS

MIHS is a wholesale distributor of medical supplies to physicians' offices, clinical laboratories, urgent care centers and hospitals. MIHS utilizes numerous methods of marketing its products including traditional office visits as well as a physician network system. All services and products are provided via the web. MIHS has one of the most extensive online ordering systems in the nation. MIHS also has a 24 hour delivery system which makes it the most proficient ordering system in healthcare today. MIHS also has a Minority Business Certification where in the company can bid on major contracts with hospitals nationwide.

This press release may contain forward-looking statements covered within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to, among other things, plans and timing for the introduction or enhancement of our services and products, statements about future market conditions, supply and demand conditions, and other expectations, intentions and plans contained in this press release that are not historical fact and involve risks and uncertainties. Our expectations regarding future revenues depend upon our ability to develop and supply products, which we may not produce today and that meet defined specifications. When used in this press release, the words "plan," "expect," "believe," and similar expressions generally identify forward-looking statements. These statements reflect our current expectations. They are subject to a number of risks and uncertainties, including, but not limited to, changes in technology and changes in pervasive markets.

Contact Information

  • Contact:
    Mr. Ulysses Felder