Published: October 09, 2007
Southern Home Medical Equipment, Inc. Announces Appointment of Chief Financial Officer
Southern Home Medical Equipment, Inc.
(PINKSHEETS: SHMM) is pleased to announce that the Company has retained the
services of Steve Ayers as Chief Financial Officer. Greg Tucker, President
and CEO of Southern Home Medical, stated, "We could not be more pleased to
have Mr. Ayers joining our team. His level of expertise is exceptional.
This appointment serves as a commitment to our long-term growth strategy."
Steve Ayers currently serves as CFO and Equity Partner for a Regional
Gold's Gym franchise in the state of Florida. His responsibilities include
capital funding, accounting systems & compliance, budgeting, IT and cash
management. He will have similar responsibilities for Southern Home
Medical. Mr. Ayers served for six years as the CEO and CFO of an
eleven-entity real estate investment company and retail tire chain. In
addition, he has two years of experience as a consultant for a private
equity firm in which the owner was the CEO and Chairman of two (NYSE &
CDNX) retail companies.
Mr. Ayers stated, "I am extremely excited to join Southern Home Medical as
their Chief Financial Officer. I believe the company's business plan,
coupled with the knowledge and talent of the management team presently in
place, creates a tremendous opportunity for growth in shareholder value.
My main objective will be to secure the Company a number of funding
opportunities that should provide the resources necessary to significantly
advance its business plan."
Mr. Ayers has a BS Degree from Pfeiffer University (1991), an MBA from Nova
Southeastern (1997), and has been accepted into the Columbia University
Executive Program in order to further study Corporate Accounting
Compliance.
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.
Websites:
www.southernhomemed.com, www.encoremedicalstaffing.com,
www.ladieshealthandfitnessusa.com
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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