Surgical Safety Products, Inc. Completes Merger with C5 Health, Inc.Business Editors/High-Tech, Health & Medical Writers SARASOTA, Fla.--(BW HealthWire)--Nov. 6, 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. (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 ) (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :SSPD), has completed a 50/50 merger with C5 Health, Inc, a private Delaware Corporation headquartered in Sarasota, Florida. SSPD, a New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of Company that is quoted on the OTC-BB, disclosed their intention to merge OIX Inc. with C5 Health, Inc. in their second quarter SEC filings on August 15, 2001. 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 , of SSPD stated, "This is a major development in our efforts to become a leader within the healthcare industry, and we are delighted with the completion of this merger." Dr. Swor will serve as the Acting Chief Executive Officer and Vice-Chairman of the Board of Directors for the new company. Tim 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. , 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. added: "This is a great day for C5 Health, Inc. We have reached a milestone for our young company by combining the energy, talent, and product lines of these two companies. We look forward to achieving even greater success in the near future." Officers and Board Directors include: William P. Danielczyk, Chairman of the Board; G. Michael Swor, Vice-Chairman of the Board; R. Paul Gray, Secretary and Treasurer; Robert Lyles, MD, PhD; Jim D. Stuart; and David Swor, with Benjamin Rosenbaum, III serving as Corporate Counsel. SSPD is a medical products company specializing in the development and patent of innovative surgical safety devices designed to provide safety and efficiency. SSPD is also 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 healthcare business: Content, Commerce, Connectivity, Community, and Care. C5 Health, Inc. currently operates three websites focused on healthcare content and commerce. http://www.salud.com provides health content in Spanish, and is believed to one of the most heavily visited healthcare content websites in the world, receiving over five million hits per month from Spain, Mexico, Venezuela, Chile, Colombia, Argentina, and the United States. Other C5 Health, Inc. websites include; http://www.health24news.com, providing up-to-date health related news and http://www.meditrader.com, which offers a real-time medical equipment auction site. SSPD has relocated their operations to C5 Health, Inc.'s offices located on the 6th floor of One Sarasota Tower in Sarasota, Florida. Visit http://www.C5Health.com to learn more about both companies. This news release contains forward-looking statements that involve risk and uncertainties. The actual future results may differ materially due to a number of factors. These and other factors are more fully discussed in the companies filings made with the Securities and Exchange Commission. |
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