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AMS Homecare Enters into Negotiations for Acquisition of Technology Company.


VANCOUVER, British Columbia -- AMS AMS - Andrew Message System  Homecare (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:AHCKF) announced today that it is in negotiations to acquire a technology company related to its core business of providing supplies and services to the healthcare and homecare markets.

"We believe that major opportunity exists in the healthcare and homecare supplies and services industries given the clear growth ahead in the elderly markets," said Harj Gill CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of AMS Homecare.

"Each acquisition we make adds one more piece to the puzzle in taking advantage of the myriad opportunities that exist in our industry. Because of our familiarity with the industry and our ability to move quickly when we see a promising situation, we can take advantage of these opportunities before others can do so," said Gill.

AMS recently announced that it has entered into a binding agreement with Wireless 2000 of Burnaby, British Columbia “Burnaby” redirects here. For persons sharing this surname, see Burnaby (surname).
Burnaby, British Columbia, Canada, is the city immediately east of Vancouver.
 (http://www.wireless2000.com) to acquire the exclusive distribution rights to distribute its products into the health care, residential elder care, medical offices and hospital markets in North America.

Founded in 1989, AMS Homecare is a successful purveyor of mobility equipment, durable and disposable medical products and patient monitoring technology that is recognized for its innovation, quality and style. With a base of 300-plus dealer customers in Canada, the company is moving forward to strengthen its foundation and to build an organization capable of serving the independence needs of the aging populations in Canada and the United States The United States and Canada share a unique legal relationship. U.S. law looks northward with a mixture of optimism and cooperation, viewing Canada as an integral part of U.S. economic and environmental policy. . More information is available at http://www.amshomecare.com.

Safe Harbor Statement: Statements contained in this fact sheet relating to AMS Homecare that are not historical facts are "forward-looking" under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and . Forward-looking statements are subject to risks and uncertainties, including, but not limited to: the company's ability to maintain strong relationships with its primary supplier and key dealers; the effects of competition from companies with greater resources; changes in manufacturers' distribution channels; fluctuations in foreign currency; the level of government reimbursement for users as well as other government regulations; the company's ability to retain key personnel; and, its ability to secure financing, notably to support its expansion into the U.S. market. These risks and uncertainties and others are enumerated This term is often used in law as equivalent to mentioned specifically, designated, or expressly named or granted; as in speaking of enumerated governmental powers, items of property, or articles in a tariff schedule.  in the company's most current filed Annual and Interim Reports and could cause actual results to differ materially from those projected or implied in the forward-looking statements. Except for the company's continuing obligation to disclose material information under federal securities law, it is not obligated ob·li·gate  
tr.v. ob·li·gat·ed, ob·li·gat·ing, ob·li·gates
1. To bind, compel, or constrain by a social, legal, or moral tie. See Synonyms at force.

2. To cause to be grateful or indebted; oblige.
 to update its forward-looking statements.
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Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1CANA
Date:May 31, 2005
Words:413
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