Liberator Medical Announces Expansion Project, Adding 50 New Jobs
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STUART, FL, Jan 12 (MARKET WIRE) --
Liberator Medical Holdings, Inc. (PINKSHEETS: LBMH) recently announced
that it is expanding its facility and headquarters located in Stuart,
Florida.
The two-floor, 5,515 square-foot expansion will provide for an enhanced
call center operations for sales, operations and support. The corporate
office currently has 25,000 square feet of space, and a 7,000 square-foot
retail store located in Stuart at 4260 SE Federal Highway. Work is
scheduled to begin by late January 2009 and be completed in early spring.
Bayview Construction of Stuart was chosen as the general contractor for
the facility expansion project at Liberator Medical Supply, Inc. Upon
completion of the project, the Company which currently employs 100 people,
will add more than 50 new jobs at its corporate headquarters in the Stuart
Commerce Center located at 2979 SE Gran Park Way in Stuart.
Mark Libratore, CEO, stated, "During the recent tough times we are very
pleased to be in what may be considered a recession proof business. We are
also pleased to be working with Bayview Construction again who
consistently delivers quality work on time."
"At Bayview Construction, we're excited to help Liberator Medical Supply
grow its operations, and are pleased that the new addition will result in
the creation of many new jobs on the Treasure Coast," said Ken Ringe,
president of Stuart-based Bayview Construction.
Stay up-to-date with current events by visiting our website
www.liberatormedical.com or by joining Liberator Medical's E-Mail Alert
List. Join by clicking the link below:
http://www.b2i.us/irpass.asp?BzID=1556&to=ea&s=0
About Liberator Medical Holdings, Inc.
Liberator Medical Holdings, Inc.'s subsidiary, Liberator Medical Supply,
Inc., established the Liberator brand as a leading national
direct-to-consumer provider of quality medical supplies to
Medicare-eligible seniors. An Exemplary Provider(TM) accredited by The
Compliance Team, its unique combination of marketing, industry expertise
and customer service has demonstrated success over a broad spectrum of
chronic conditions. Liberator is recognized for offering a simple,
reliable way to purchase medical supplies needed on a regular, ongoing,
repeat-order basis, with the convenience of direct billing to Medicare
and private insurance. Approximately 85% of its revenue comes from
supplying products to meet the rapidly growing requirements of general
medical supplies, personal mobility aids, diabetes, urological, ostomy
and mastectomy patients. Liberator communicates with patients and their
doctors on a regular basis regarding prescriptions and supplies.
Customers may purchase by phone, mail or internet, with repeat orders
confirmed with the customer and shipped when needed.
Safe Harbor Statement
Certain statements in this press release that are not historical, but are
forward-looking, and are subject to known and unknown risks and
uncertainties which may cause the Company's actual results in future
periods to be materially different from any future performance that may be
suggested in this press release. Such risks and uncertainties may include,
but are not limited to, the Company's need to raise equity capital and its
ability to obtain equity financing on acceptable terms, if at all,
regulatory limitations on the medical industry in general, working capital
constraints, fluctuations in customer demand and commitments, fluctuation
in quarterly results, introduction of new services and products,
commercial acceptance and viability of new services and products, pricing
and competition, reliance upon subcontractors and vendors, the timing of
new technology and product introductions, the risk of early obsolescence
of our products and the other factors listed under "Risk and
Uncertainties" in our annual report on Form 10-KSB for the fiscal year
ended September 30, 2007 and our other filings with the Securities and
Exchange Commission. We assume no obligation to update the information
contained in this news release.
Contacts:
Liberator Medical Holdings, Inc.
Mark Libratore
President & CEO
772-287-2414
investors@liberatormedical.com
Investor Relations Contact
Gerald Kieft or Ryan Audin
Wall Street Resources, Inc.
772-219-7525
LiberatorIR@wallstreetresources.net
http://www.wallstreetresources.net
Copyright 2009, Market Wire, All rights reserved.
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