October 20, 2010 09:45 ET

SOHM Expects to Report Record 3rd Quarter Revenue Growth

Company Expected to Report Its Third Consecutive Quarter of Record Revenue as Sales of Generic Pharmaceutical Products Continue to Increase

BUENA PARK, CA--(Marketwire - October 20, 2010) -  SOHM, Inc. (PINKSHEETS: SHMN), a generic pharmaceutical manufacturer that produces and markets generic drugs covering all major treatment categories announced today that it expects to report record revenue growth for the 3rd quarter of 2010. The Company anticipates this to be the third consecutive quarter of record revenue as sales of generic pharmaceutical products continue to increase in both India and other targeted emerging markets. 

Shailesh Shah, Vice President for Corporate Strategy at SOHM, Inc. stated, "We started 2010 with a revenue increase of 600% for Q1 followed by a 1,000% percent increase for Q2. Q3 is expected to be the third consecutive quarter that the Company has achieved record quarterly revenue. Our strategy of focusing on the expansion of our market presence in India and select emerging pharmaceutical markets globally has been instrumental in achieving these results."

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