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Tuesday November 10, 2009
DrStockPick.com Stock Report!
HZHI, Horizon Health International Corp., HZHI.PK
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Horizon Health International Aims for Five Million in Sales With Launch of New E-Commerce Website
HZHI, Horizon Health International Corp.
Horizon Health’s Business:
HZHI through its US and Canadian Subsidiaries is servicing all of North America through its E-Commerce System, providing services as a ‘Home, Office and Workplace Medical Equipment Specialist’ offering a complete end-to-end shopping experience for aids for daily living, disability products, ergonomic solutions and leading-edge assistive technology through online retail stores across North America.
Purchasing through HZHI ’s E-Commerce System makes life easier for those challenged by a physical or cognitive limitation or disability. No more trips to a store.
— SHOP IN THE COMFORT OF YOUR HOME with delivery to your HOME! —
HZHI announced the successful launch of their e-commerce website www.medichair-calgary.com.
In May of 2009 Samson Industries, the HZHI’s Canadian Subsidiary, entered into a Licensing Agreement with MEDIchair Calgary, Canada. Under the terms of the licensing agreement, MEDIchair Calgary will pay to HZHI ’s wholly owned subsidiary, a monthly license fee of $250 plus 50% of the profit realized from on-line sales generated by MEDIchair through the website which is owned and operated by Samson Industries.
The Agreement allows MEDIchair-Calgary (with estimated annual sales of $ 5 million plus) to license HZHI ’s website (www.medichair-calgary.com) and call-centre for live customer service and order processing. MEDIchair Calgary is just one of 70 franchisees of MediChair Corporate) a division of Lifemark Health. HZHI will be entering into discussions with all the franchisees to license its website. Such a network will provide the company with an economic access to a greater customer base and demographic, an estimated market well over $100 Mio.
The website is an online store that provides clients access to in excess of 4,000 products, competitive pricing and a safe, secure and user friendly shopping experience. Product selection includes adaptive technologies, orthopedics and ergonomics.
Jeff Hoogveld, President and CEO of the Subsidiaries, stated “We are fully confident that our Canadian E-Commerce system, while in its initial stages, is a product with great sales and growth potential. The company is confident that this is the launch pad that will propel it into the much larger US Market and in turn opens the door to become a major global player in its niche market under the guidance of a most experienced and dedicated team. These assets allow the Company to look to a strong fiscal year ahead.”
BCC Research reported that: “The US market for assistive technology is expected to be worth $ 38.2 billion in 2008, up from 36.4 billion in 2007. This should increase to 49.3 billion in 2013, a compound annual growth rate (CAGR) of 5.3%”
Contacts:
Horizon Health International
Delbert G. Blewett
President
604-998-3385
horizonhealth@shaw.ca
More about HZHI at www.horizonhealthandsafety.com
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Add HZHI to your Watch List!, do your homework, and like always BE READY for the ACTION!
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