Chindex International, Inc. Announces Two-for-One Stock Split.Business Editors/Health/Medical Writers BETHESDA, Md.--(BUSINESS WIRE)--Dec. 29, 2003 Chindex International, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :CHDX) (the "Company") today announced that its Board of Directors has unanimously approved a two-for-one split of the Company's Common Stock, including its Class B Common Stock. Stockholders of record as of the close of business on January 10, 2004 will receive one additional share of Common Stock for each share owned on that date in the form of a stock dividend. Certificates representing the additional shares of Common Stock will be distributed on or about January 26, 2004. The effect of the stock split will be to increase the number of outstanding shares of the Common Stock, excluding the Class B Common Stock, from approximately 1.5 million shares to approximately 3 million shares and to increase the number of outstanding shares of the Class B Common Stock from 387,500 shares to 775,000 shares. Roberta Lipson, Chairperson of the Board of Directors and Chief Executive Officer, stated, "The opportunity to again improve the market liquidity for our stockholders and promote broader ownership is a welcome one. We have had exceptionally strong performance in our stock over the past year and we have continuing confidence in the Company's growth programs." The Company is a leading American company in healthcare in the Chinese marketplace including Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. . It provides representative and distribution services to a number of major multinational companies including Siemens AG Siemens AG German electrical-equipment manufacturer. The first Siemens company, Siemens & Halske, was founded in Berlin in 1847 to build telegraph installations. (diagnostic color ultrasound scanners under the Acuson and Siemens brand names), Becton-Dickinson (including vascular access vascular access Clinical medicine The ability to enter the vascular system; the ease with which the vascular system can be entered for administering therapy or obtaining blood for testing , infusion and critical care systems), Johnson & Johnson (clinical chemistry analyzers), and Guidant (interventional cardiology interventional cardiology Cardiology The subspecialty of cardiology dedicated to the diagnosis, medical and mechanical therapy, pre- and post-procedure management of adult patients with acute and chronic forms of cardiovascular disease amenable to catheter-based products including stents, balloon catheters balloon catheter n. A catheter with an inflatable balloon at its tip, used especially to expand a partially obstructed blood vessel or bodily passage and to measure blood pressure in a blood vessel. Also called balloon-tip catheter. , and guide wires). It also provides healthcare services through the operations of its private hospital corporation in China. With twenty years TWENTY YEARS. The lapse of twenty years raises a presumption of certain facts, and after such a time, the party against whom the presumption has been raised, will be required to prove a negative to establish his rights. 2. of experience, more than 600 employees, and operations 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. , China and Hong Kong, the Company's strategy is to expand its cross-cultural reach by providing leading edge healthcare technologies, quality products and services to China's professional communities. Further company information may be found at the Company's websites, www.chindex.com and www.unitedfamilyhospitals.com. The statements in this press release that relate to future plans, events or performance are forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that involve risks and uncertainties. These statements are based on management's beliefs and assumptions, and on information currently available to management. These statements involve certain known and unknown risks, uncertainties and other factors which may cause the Company's actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by these forward looking statements. These factors include, among others, the Company's ability to effect the stock split; changes in the market price of Common Stock and other market conditions; requirements of Nasdaq; and any uncertainties relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc business, economic and political conditions in market in which the Company operates. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company undertakes no obligation to release publicly the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. |
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