Government Cloud Authors: Elizabeth White, Liz McMillan, Pat Romanski, Dana Gardner, Gopala Krishna Behara

News Feed Item

SLEEP HOLDINGS, INC. to Acquire Another Facility -- Innovative Sleep Solutions in Soldotna, Alaska

SLEEP HOLDINGS, INC. to Acquire Another Facility -- Innovative Sleep Solutions in Soldotna, Alaska

DALLAS, TX -- (MARKET WIRE) -- 09/28/06 -- SLEEP HOLDINGS, INC. (PINKSHEETS: SLHH) Chairman and CEO Roy Mers announced today that SLEEP HOLDINGS, INC. has entered into a letter of intent to acquire Innovative Sleep Solutions, located at 35670 Spur Highway, Suite 103A, Soldotna, Alaska. Innovative Sleep Solutions of Alaska is a state-of-the-art sleep diagnostic center and sleep related medical equipment provider that is headed by Shauna Bless, MS, RPSGT (Registered Polysomnographic Technologist) who has been with the company for 3 years. Ms. Bless says, "We are looking forward to the many opportunities for growth and development that Sleep Holdings can offer. With the new teamed effort we are hoping to implement ourselves as a more integral part of the community; to expand awareness and resolutions for both the professional medical community and general population looking to us to meet their needs in sleep medicine."

The seller Mr. Kevin Asp says that, "Ms. Bless has been a tremendous asset to our organization. The Soldotna location has been in operation for 1 year." Mr. Asp further states that, "This is a tremendous opportunity for Innovative Sleep Solution's growth into other markets and believes this will be a great marriage with SLEEP HOLDINGS and its team of professionals, as they implement their growth strategy in the sleep disorders, medicine, diagnostic and therapeutic business." SLEEP HOLDINGS is currently negotiating a definitive agreement with Innovative Sleep Solutions.

Commenting on the proposed acquisition, Mr. Mers said, "Mr. Asp has built a quality business, with an established client base and a state-of-the-art technology platform in an industry that SLEEP HOLDINGS has a strategic interest. We are excited about the opportunity to work with Mr. Asp and his staff of experienced professionals."

In further response to the proposed acquisition, Mr. Asp said, "We here at Innovative Sleep Solutions have found a great partner with impressive resources, expertise, and commitment to the sleep diagnostic industry. These credentials will serve us well as we continue to offer quality service to our clients."

The Business

SLEEP HOLDINGS is a healthcare service provider focused on the rapidly growing market of sleep medicine. The Company is seeking out prospective sellers of sleep diagnostic centers in various markets within the United States and developing relationships necessary to acquire and fully develop sleep diagnostic centers.

The Strategy

SLEEP HOLDINGS intends to grow its revenues by acquiring smaller chains of sleep centers, corporate owned diagnostic centers, opening new freestanding sleep centers, opening new sleep centers under our management in conjunction with hospital partners, competing to acquire contracts to manage existing hospital sleep centers with established sleep study volume and to increase the internal sales and rental volumes of medical equipment specific to the sleep industry.

SLEEP HOLDINGS' mission is to provide innovative solutions to patients suffering from sleep disorders. We strive to provide the highest standard sleep studies, medical directorship, patient education, and therapeutic recommendations in order to assist patients with an overall improved quality of life.

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, which are intended to be covered by safe harbors created hereby. Such forward-looking statements involve known and unknown risks and uncertainties.

Investor Relations
(214) 237-3217

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

IoT & Smart Cities Stories
Dion Hinchcliffe is an internationally recognized digital expert, bestselling book author, frequent keynote speaker, analyst, futurist, and transformation expert based in Washington, DC. He is currently Chief Strategy Officer at the industry-leading digital strategy and online community solutions firm, 7Summits.
Digital Transformation is much more than a buzzword. The radical shift to digital mechanisms for almost every process is evident across all industries and verticals. This is often especially true in financial services, where the legacy environment is many times unable to keep up with the rapidly shifting demands of the consumer. The constant pressure to provide complete, omnichannel delivery of customer-facing solutions to meet both regulatory and customer demands is putting enormous pressure on...
IoT is rapidly becoming mainstream as more and more investments are made into the platforms and technology. As this movement continues to expand and gain momentum it creates a massive wall of noise that can be difficult to sift through. Unfortunately, this inevitably makes IoT less approachable for people to get started with and can hamper efforts to integrate this key technology into your own portfolio. There are so many connected products already in place today with many hundreds more on the h...
The standardization of container runtimes and images has sparked the creation of an almost overwhelming number of new open source projects that build on and otherwise work with these specifications. Of course, there's Kubernetes, which orchestrates and manages collections of containers. It was one of the first and best-known examples of projects that make containers truly useful for production use. However, more recently, the container ecosystem has truly exploded. A service mesh like Istio addr...
Digital Transformation: Preparing Cloud & IoT Security for the Age of Artificial Intelligence. As automation and artificial intelligence (AI) power solution development and delivery, many businesses need to build backend cloud capabilities. Well-poised organizations, marketing smart devices with AI and BlockChain capabilities prepare to refine compliance and regulatory capabilities in 2018. Volumes of health, financial, technical and privacy data, along with tightening compliance requirements by...
Charles Araujo is an industry analyst, internationally recognized authority on the Digital Enterprise and author of The Quantum Age of IT: Why Everything You Know About IT is About to Change. As Principal Analyst with Intellyx, he writes, speaks and advises organizations on how to navigate through this time of disruption. He is also the founder of The Institute for Digital Transformation and a sought after keynote speaker. He has been a regular contributor to both InformationWeek and CIO Insight...
Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life settlement products to hedge funds and investment banks. After, he co-founded a revenue cycle management company where he learned about Bitcoin and eventually Ethereal. Andrew's role at ConsenSys Enterprise is a mul...
To Really Work for Enterprises, MultiCloud Adoption Requires Far Better and Inclusive Cloud Monitoring and Cost Management … But How? Overwhelmingly, even as enterprises have adopted cloud computing and are expanding to multi-cloud computing, IT leaders remain concerned about how to monitor, manage and control costs across hybrid and multi-cloud deployments. It’s clear that traditional IT monitoring and management approaches, designed after all for on-premises data centers, are falling short in ...
In his general session at 19th Cloud Expo, Manish Dixit, VP of Product and Engineering at Dice, discussed how Dice leverages data insights and tools to help both tech professionals and recruiters better understand how skills relate to each other and which skills are in high demand using interactive visualizations and salary indicator tools to maximize earning potential. Manish Dixit is VP of Product and Engineering at Dice. As the leader of the Product, Engineering and Data Sciences team at D...
Dynatrace is an application performance management software company with products for the information technology departments and digital business owners of medium and large businesses. Building the Future of Monitoring with Artificial Intelligence. Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more busine...