AmeriSource Health Corp. Opens New Distribution Center.MALVERN, Pa.--(BUSINESS WIRE)--Aug. 18, 1998--AmeriSource Health Corp. (NYSE NYSE See: New York Stock Exchange :AAS) announced Tuesday the opening of a new pharmaceutical distribution center in Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. to service the southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region, marketplace. Commenting on the news, R. David Yost David Harold Yost (born January 7, 1969) is an American actor known for his role on the television series Mighty Morphin Power Rangers. Biography Early life , president and chief executive officer stated, "This new facility has the ability to service all key customer segments and is equipped with our full complement of system and service offering capabilities. Southern California is a very large and fast growing marketplace which we have previously serviced from our Phoenix, AZ and Sacramento, CA facilities. The enhanced service Enhanced service is service offered over commercial carrier transmission facilities used in interstate communications, that employs computer processing applications that act on the format, content, code, protocol, or similar aspects of the subscriber's transmitted information; capability offered by this new facility will ensure continued market share gains for AmeriSource in one of the largest pharmaceutical markets in the country." AmeriSource Health Corp. is a Fortune 200 company with revenues of $7.8 billion for its fiscal year ended September 30, 1997. The Company is the fourth largest distributor of pharmaceuticals and related health care products and services, and the third largest pharmaceutical prime vendor to the institutional and managed care markets in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . The Company serves customers nationwide from twenty pharmaceutical and three specialty products distribution facilities. For further information on AmeriSource please contact the Company on-line at www.amerisrc.com. Certain information contained in this press release includes forward-looking statements (as defined in Section 27A of the Securities Act and Section 21E of the Exchange Act) that reflect the Company's current views with respect to future events and financial performance. Certain factors such as changes in competitive pressures, and other matters contained in the Company's Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for its 1997 fiscal year, and Form 10-Q's for its 1998 fiscal quarters ended Dec. 31, 1997, March 31, 1998 and June 30, 1998 and other public documents could cause actual results to differ materially from those in the forward-looking statements. The Company assumes no obligation to update the matters discussed in this press release.
CONTACT: AmeriSource Health Corp.
Kurt J. Hilzinger, SVP & CFO, 610/296-4480
Meg Grady, investor relations, 610/296-4480
|
|
||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion