Surgical Safety Products, Inc. Announces Merger with C5 Health, Inc.; Two Sarasota Based Healthcare Companies Announce Their Merger Effective Sept. 15, 2001.Business Editors/Health & Medical Writers SARASOTA, Fla.--(BUSINESS WIRE)--Sept. 17, 2001 OIX OIX Oil Index (Chicago Board of Exchange) OIX Open Internet Exchange OIX Obsolete, Inactive and Excess (material disposition) Inc., a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Surgical Safety Products, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :SSPD SSPD Superconducting Single-Photon Detector SSPD Society for Stimulus Properties of Drugs (UK) SSPD Single-Shot Probability of Damage SSPD Security System Project Description ), a New York company quoted on the OTC-BB, is completing a 50/50 merger with C5 Health, Inc. (C5), a private Delaware Corporation headquartered in Sarasota, Florida. SSPD originally disclosed their intention to merge their wholly owned subsidiary with C5 in their second quarter SEC filings on August 15, 2001. SSPD has relocated their operations to C5's offices located on the 6th floor of One Sarasota Tower in Sarasota, Florida. SSPD is a medical products company, focused on the development and patent of innovative surgical safety devices designed to provide safety and efficiency. Also, they are developing a web-enabled, healthcare computer based training system, OASIS OR, which is intended to provide current, detailed and real-time safety information and training for operating room surgeons and their support staff. This information is designed to focus on proper utilization and safety measures necessary in the ever-changing operating room environment. C5 Health, Inc. is a healthcare communications company. The "C5" portion of their name is derived from the five major components of their web-enabled, international health communications business: Content, Commerce, Connectivity, Community & Care. They currently operate three web sites focused on healthcare content and commerce. Their http://www.salud.com web site provides health content in Spanish. It is believed to be one of the most visited healthcare content sites in the world and currently receives over five million hits per month from Spain, Mexico, Venezuela, Chile, Columbia, Argentina as well as Spanish speaking Americans. C5's other web sites currently include; http://www.health24news.com providing up-to-date health related health news and http://www.meditrader.com offering a real-time medical equipment auction site. Timothy S. Novak, CMPE CMPE Computer Engineering CMPE Certified Medical Practice Executive CMPE Content Manager and Publishing Engine , MSA (Metropolitan Service Area) An urban area with at least 50,000 people plus surrounding counties. There are 306 MSAs and 428 RSAs (rural service areas) in the U.S. MSAs and RSAs are used to allocate cellular licenses. is the President and Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of C5 Health, Inc., and will assume this role with SSPD. G. Michael Swor, MD, MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration is the Chief Executive Officer of SSPD. Visit http://www.C5health.com to learn more about both companies. This news release contains forward-looking statements that involve risk & uncertainties. The actual future results may differ materially due to a number of factors. These & other factors are more fully discussed in the companies filings made with the Securities and Exchange Commission. |
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