OTTAWA, Ontario, April 28, 2016 /PRNewswire/ -- VMS Rehab Systems, Inc., (www.vmsrehabsystemsinc.com) a Canadian based 'quality of life' supplier of health products, reported today that it is ready to aggressively pursue the acquisition and/or introduction of additional synergistic health related services. The Company reported that other sectors in the Health business that it is actively evaluating are in the E-Health patient records storage, telemedical and patient diagnostic services, as well as hospital management services and facilities.
A spokesperson for the Company explains that "VMS has already seen significant gains in asset values from its acquisition of BioPharmcor (www.biopharmcor.com) that is comprised of a group of companies in The Netherlands, Poland and Canada engaged in the formulation, manufacturing and distribution of generic drugs to improve men's health. We foresee continued expansion in our development activities at BioPharmcor both through organic growth by adding new products to our drug pipeline as well as through strategic acquisitions. At the same time, we will be focussing in fiscal 2016 on building out our recently announced E-shop for proprietary quality of life orthopedic seat cushions and related home healthcare products under the OrthoCush™ label." The spokesperson adds that "We believe that the market introduction of E-health management systems that offer a 'best in class' internet based communications interface between patient and physician to address patient health issues in a timely and cost efficient manner and /or the addition of hospital management operations comprised of bricks and mortar hospital facilities, hospices, and so on would not only serve as a value added strategic move for VMS in the health industries segment overall, but equally important, one or more successful transactions in these areas would yield unparalleled revenue growth and shareholder values for years to come."
Established in 1998, VMS Rehab Systems, Inc. is headquartered in Ottawa, Canada and maintains affiliate offices in Amsterdam, The Netherlands and Warsaw, Poland. The shares of VMS Rehab Systems, Inc. are listed on the US OTC Pink Current Market (Symbol: VRSYF)
Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words "will" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Corporation's current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. Various assumptions or factors are typically applied in drawing conclusions or making the forecasts or projections set out in forward-looking information. Those assumptions and factors are based on information currently available to the Corporation. The forward-looking information contained in this release is made as of the date hereof and the Corporation is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.
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SOURCE VMS Rehab Systems, Inc.