June 12, 2009 08:40 ET

SOHM to Acquire Pharmaceutical Companies in Under-Represented, High Growth Generic Pharmaceutical Markets

BUENA PARK, CA--(Marketwire - June 12, 2009) - SOHM, Inc. (PINKSHEETS: SHMN), a generic pharmaceutical manufacturer that produces and markets generic drugs covering all major treatment categories, announced today that the Company has accelerated its presence in emerging global drug markets by pursuing acquisitions in under-represented, high growth global generic pharmaceutical markets. SOHM has targeted companies that have an established customer base and positive cash flow with an acquisition pipeline focusing on accretive partnerships that contribute significant cash flow and minimize shareholder dilution.

"We are in the fortunate position of being able to make strategic acquisitions as we move to grow our current portfolio of pharmaceutical products in emerging markets," stated Vice President for Corporate Strategy at SOHM, Inc. "We are open to discussions with companies that are performing well in Southeast Asia, Africa, and Latin America, with particular attention to niche markets in India. Our strengths in product selection, branding, marketing and distribution are highly complementary to our acquisition targets and we expect closure on a series of partnerships in 2009."

About SOHM, Inc.

SOHM, Inc. is a generic pharmaceutical manufacturer that produces and markets generic drugs covering all major treatment categories. Global headquarters is located in North America with manufacturing sites in India. Generic pharmaceuticals are exported globally with a focus on distribution in emerging markets in Africa, Latin America, and Southeast Asia.

Safe Harbor Statement

This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of SOHM, Inc., and members of their management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.

Contact Information

  • For more information, please contact:
    SOHM, Inc.
    Investor Relations
    (714) 522-6700
    Email Contact