| |
|
Bethesda,
Maryland - October 29, 2004
- Chindex International, Inc. (NASDAQ:CHDX), an independent American
provider of Western healthcare products and medical services in the
People's Republic of China, today announced the appointment of A.
Kenneth Nilsson as the Company's Chairman of the Board of Directors,
a position previously held by Roberta Lipson, who will continue as
President and CEO. Mr. Nilsson has been an independent member of the
Board since January 1996 and will continue to serve as Chairman on
that basis.
"Ken's
experience and leadership have been invaluable assets to Chindex for
many years now. We have taken this step to further strengthen the
independence of the Board and proactively respond to the sprit of
new standards for corporate governance of public companies," Lipson
said.
Mr.
Nilsson also serves as Chairman of the Company's Audit Committee.
He formerly served as President of Cooper Laboratories, Inc.; President
of Cooper Lasersonics, Inc.; Managing Director of Pfizer Taito Ltd.;
President of Max Factor, Japan; and Chairman of the Monterey Institute
of International Studies . Mr. Nilsson received a B.A. degree from
the University of Southern California and an M.A. degree from the
University of California .
Company
Profile
Chindex
is an American company operating in several healthcare sectors of
the Chinese marketplace, including Hong Kong . It provides representative
and distribution services to a number of major multinational companies
including Siemens AG (ultrasound systems), and Guidant (interventional
cardiology products including stents, balloon catheters and guide
wires). Its distribution channels to the retail pharmacy industry
in China have been developed through a relationship with a major multinational
cosmetics manufacturer. It also provides healthcare services through
the operations of its private hospital corporation in China . With
twenty-three years of experience, over 800 employees, and operations
in the United States , China and
Hong
Kong , the Company's strategy is to expand its cross-cultural reach
by providing leading edge
technologies,
quality products and services to Greater China's professional communities.
Further company information may be found at the Company's websites,
www.chidex.com and www.unitedfamilyhospitals.com
.
The
statements in this press release that relate to future plans, events
or performance are forward-looking statements that involve risks and
uncertainties, including risks associated with uncertainties pertaining
to the Company's (i) successful marketing and distribution of new
products, (ii) performance goals, including successful conclusion
of efforts to secure government-backed financing, (iii) future events
and earnings, including revenues from the Company's developmental
businesses such as healthcare services, (iv) markets, including growth
in demand in China for the Company's products and services, and (v)
proposed new operations, including expansion of its healthcare services
business. Actual results, events and performance may differ materially.
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.
#
# #
|
