Protech Home Medical Announces New Independent Board Member
09 12월 2020 - 10:00PM
Protech Home Medical Corp. (“
Protech” or the
“
Company”) (TSXV: PTQ) (OTCQX: PTQQF) a U.S. based
leader in the home medical equipment industry, focused on
end-to-end respiratory care, announced today that Dr. Kevin A.
Carter has joined the board of directors of the Company as an
independent director.
Kevin A. Carter, DO, FAASM, is Board Certified
in Sleep Medicine by the American Board of Family Medicine; he is
also Board Certified in Family Medicine. Before establishing his
current practice, Dr. Carter served as Medical Director at the
Martin Army Sleep Medicine Center at Fort Benning, Georgia. Prior
to this appointment, he served as a United States Army Field
Surgeon, with service including deployment in Iraq. Currently,
through the Carter Sleep Center, he offers full-spectrum sleep
medicine evaluations, diagnosis, and treatments.
Dr. Carter holds the degree of Fellow by the
American Academy of Sleep Medicine, a recognition that he has met
the highest standards in the practice of sleep medicine.
Dr. Carter is a graduate of the Ohio University
Heritage College of Osteopathic Medicine. He completed a Family
Medicine residency at DeWitt Army Community Hospital and Sleep
Medicine fellowship at Walter Reed Army Medical Center. He is also
an active member of both the American Academy of Sleep Medicine and
the American Academy of Family Physicians.
“The board is pleased to welcome Dr. Carter as
our newest independent director, during such an important period of
time in the Company’s history; Dr. Carter’s wealth of experience
will be invaluable to us as we constantly seek to evolve our
patient centric approach. Moreover, Dr. Carter’s expertise in Sleep
Medicine will provide meaningful insights as we continue to grow
and position our entire sleep business, in particular on the heels
of our recent closing of the acquisition of Sleep, LLC,” commented
Greg Crawford, CEO and Chairman of Protech. “This appointment
reflects our commitment to building a strong and diverse board of
directors to help the Company execute on its long-term growth
strategy and continue to build shareholder value.”
Dr. Kevin A. Carter added, “I am excited to join
the board of directors of a thriving at-home clinical respiratory
company at such an important time. It is at-home providers focused
on superior patient care like Protech, that do so much to assist
hospital systems gain bed capacity by getting patients discharged
to the home or treated in the home to begin with. During this
chapter in our lives, it has never been so crucial to our
healthcare system, and I truly believe this will have long lasting
effects on the industry. Coupled with the demographics in the
United States, there is no question the need for in-home healthcare
will continue to surge for many years to come. Protech has the
right infrastructure, team, and knowledge to seize the moment and I
am proud to be associated with Protech, utilizing my skillset and
background to help the company flourish.”
In connection with his appointment, Dr. Carter
has been granted 200,000 incentive stock options exercisable at
$1.54 per share vesting over a four year period and expiring on
December 7, 2025. The options and underlying shares are subject to
a four month hold.
The appointment of Dr. Carter expands the
Company’s board of directors to four members, three of whom are
independent.
ABOUT PROTECH HOME MEDICAL
The Company provides in-home monitoring and
disease management services including end-to-end respiratory
solutions for patients in the United States healthcare market. It
seeks to continue to expand its offerings to include the management
of several chronic disease states focusing on patients with heart
or pulmonary disease, sleep disorders, reduced mobility and other
chronic health conditions. The primary business objective of the
Company is to create shareholder value by offering a broader range
of services to patients in need of in-home monitoring and chronic
disease management. The Company’s organic growth strategy is to
increase annual revenue per patient by offering multiple services
to the same patient, consolidating the patient’s services and
making life easier for the patient.
The securities referred to in this news release
have not been, nor will they be, registered under the United States
Securities Act of 1933, as amended, and may not be offered or
sold within the United States or to, or for the account or
benefit of, U.S. persons absent U.S. registration or an applicable
exemption from the U.S. registration requirements. This news
release does not constitute an offer for sale of securities, nor a
solicitation for offers to buy any securities. Any public
offering of securities in the United States must be made by means
of a prospectus containing detailed information about the company
and management, as well as financial statements.
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
For further information please visit our website
at www.protechhomemedical.com, or contact:
Cole StevensVP of Corporate DevelopmentProtech
Home Medical Corp.859-300-6455cole.stevens@myphm.com
Gregory CrawfordChief Executive OfficerProtech
Home Medical Corp.859-300-6455investorinfo@myphm.com
Protech Home Medical (TSXV:PTQ)
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Protech Home Medical (TSXV:PTQ)
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