SOURCE: Southern Home Medical Equipment, Inc.

September 20, 2007 08:29 ET

Southern Home Medical Projects Net Income of $309,660 for Calendar Year 2007

SPARTANBURG, SC--(Marketwire - September 20, 2007) - Southern Home Medical Equipment, Inc. (PINKSHEETS: SHMM) is pleased to announce projected net income of $309,660.00 for year ending December 31, 2007. This projected income is based on projected revenue of $1,713,551.00. Southern Home Medical has made several strategic acquisitions this year to include the durable medical equipment providers Evangeline Medical & Nursing Supply, Inc. and Apnea RX, Inc. The company also owns and operates the branded fitness center Ladies Health & Fitness, Inc.

Greg Tucker, President and CEO of Southern Home Medical, states, "We are focusing a significant portion of our time and effort on the growth and development of Encore Medical Staffing, Inc. We are the national franchisor of this business and take in a 5% royalty on each location that is opened under the Encore name. Temporary nurse staffing has become a critical issue in hundreds of markets nationwide and our business model addresses the need in a very unique way. Encore Medical Staffing supplies quality healthcare professionals on a per diem and temporary contract basis to hospitals, rehab centers, nursing homes and other medical facilities. To date, we have one location open in Kentucky, and three are beginning operations in Greenville, Columbia, and Charleston, S.C. For more information, you can review our nurse staffing website at"

Mr. Tucker went on to state, "Our acquisitions to date have given us a diverse platform for generating multiple revenue streams within the health care, wellness and fitness markets. We are focused on accelerating top-line growth by cross-marketing our services among our subsidiaries, and pursuing additional acquisitions that can immediately contribute to our revenues and create stronger earnings potential."

About Southern Home Medical Equipment, Inc.

Southern Home Medical is a holding company with a focus on medical equipment and nurse staffing operations. Formed in January 2005, with its principal place of business in Spartanburg, S.C., Southern Home Medical will be expanding its operations through the acquisition of existing durable medical equipment companies and through the start up and support of Encore Medical Staffing businesses on a national level. Through its Health & Wellness Division, Southern Home is also poised to move into additional health, wellness, and fitness related businesses.


Safe Harbor: This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approval for anticipated actions.

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