Medi-Hut Donates to the National Association for the Exchange of Industrial Resources --NAEIR--.Business Editors/Health & Medical Writers BIOWIRE2K LAKEWOOD, N.J.--(BW HealthWire)--Sept. 28, 2001 Medi-Hut Co., Inc. (NasdaqSC:MHUT) announces that it has donated various supplies of its inventory to NAEIR NAEIR National Association for the Exchange of Industrial Resources , a non-profit organization primarily involved with assisting the ill, the needy and infants. NAEIR is also participating in the recovery efforts in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. and Washington, DC, due to the tragic terrorist events of September 11, 2001. "The shocking assault on our nation behooves Medi-Hut to participate in the outpouring of charity," said Joseph A. Sanpietro, President and Chief Executive Officer of Medi-Hut Co., Inc. "The efforts of NAEIR and other relief groups speak volumes of the American spirit and generosity. We are grateful to be a contributor to this great organization," he added. Quantities donated consist of the Company's TRU-CHOICE line of generic OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). drugs, which includes Acetaminophen acetaminophen (əsēt'əmĭn`əfĭn), an analgesic and fever-reducing medicine similar in effect to aspirin. It is an active ingredient in many over-the-counter medicines, including Tylenol and Midol. , Chlorpheniramine, Simethicone and its Dextro dextro-, adj/comb the prefix designating that an aqueous solution of a substance rotates the plane of polarized light to the right. See also isomers, optical. ATC ATC Air Traffic Control ATC Average Total Cost ATC Certified Athletic Trainer ATC At the Center (Hartford, Maine retreat center) ATC Applied Technology Council ATC All Things Considered cough syrup. Medi-Hut Co., Inc. was founded in 1982 and began trading publicly in February 1998. The company private labels and markets there own "Elite" brand insulin syringes, condoms, alcohol preps and hot and cold packs, etc. as well as there TRU-CHOICE brand of OTC Drug Products. Medi-Hut Co., Inc. manufactures its own Elite brand anti-stick safety syringe that incorporates a transparent sleeve into which the needle automatically retracts after use. Statements about the Company's future expectations, including future revenues and earnings, and all other statements in this press release other than historical facts are "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21 E of the Securities Exchange Act of 1934, and as that term defined in 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 of 1995. The Company intends that such forward-looking statements be subject to the safe harbors created thereby. Since these statements involve risks and uncertainties and are subject to change at any time, the Company's actual results could differ materially from expected results |
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