SOURCE: Medical Institutional Services Holdings, Inc.

April 17, 2008 16:14 ET

Medical Institutional Services Holdings Signs With National Distribution and Contracting

FORT LAUDERDALE, FL--(Marketwire - April 17, 2008) - Medical Institutional Services Holdings, Inc. (PINKSHEETS: MIHS) (MIHS) is proud to announce it has signed agreements with National Distribution Contracting Company. This organization is designed to narrow the gap between independent medical distributors and large regional competitors in the area of pricing, products and promotions. The relationship between distributors and manufacturers is enhanced through competitive pricing. As a member of NDC, MIHS will be accessed by purchasers in need of our many products. "The organization adds tremendous strength to MIHS in the area of exposure to the marketplace as well as buying power. Better wholesale prices will increase our competitiveness and our net profits," said Ron Berman, MIHS President.

About MIHS

MIHS is a wholesale distributor of medical supplies to physician's 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
    Medical Institutional Services Holdings, Inc.