"We strongly believe that the divestiture of ADCO South was in the best
interest of the shareholders. Its operation provided no synergies to our core
business and was at the same time geographically cumbersome," stated President
and CEO
About Nyer Medical Group
Nyer Medical Group, Inc. is a holding company that through its
subsidiaries operates pharmacies in the greater
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Safe Harbor for Forward-Looking Statements
Certain statements contained in this press release are forward-looking in nature within the meaning of the Private Securities Litigation Reform Act of 1995 and other federal securities laws. These statements are generally identified by the inclusion of phrases such as "we expect", "we anticipate", "we believe", "we estimate" and other phrases of similar meaning. Forward- looking statements include all statements that are not historical and include our statements discussing our goals, beliefs, strategies, objectives, plans, prospects and opportunities, and our statements relating to (i) the anticipated impact to be derived from the contract with Sunrise Assisted Living, (ii) the anticipated benefits to the business to be derived from the aging population, (iii) our plans to meet the future needs of the Assisted Living Community, expand and/or strengthen the services we offer, and iv) our plans to achieve operational synergies and revenue growth. These statements are subject to known and unknown risks, uncertainties, assumptions, and other factors that may cause actual results to be materially different from those contemplated by the forward-looking statements. Such factors include: (i) our ability to successfully integrate the Sunrise Assisted Living Business, (ii) our ability to retain key employees, and (iii) other factors identified in our most recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission. Except as required by law, Nyer Medical Group undertakes no obligation to release publicly the result of any revision 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.
SOURCE Nyer Medical Group, Inc.