EXHI announces new product SALT LAKE CITY, UT--
Post# of 63696
SALT LAKE CITY, UT--(Marketwired - Aug 22, 2013) - Exlites Holdings International, Inc. (PINKSHEETS: EXHI) announced today that it has over 20 new medical products that it has made available for sale. Management expects to increase sales by building its product offerings to include the most popular selling and profitable, cost-effective products for customers. The new products include Synthetic Vinyl Gloves, Adhesive Bandages and Stand Blood Pressure Monitors, which have proven to be some of the most popularly requested products in the medical equipment industry.
According to the Frost & Sullivan 2013 outlook study, profitability will depend on developing streamlined market strategies to effectively position medical product offerings for value conscious consumers. (1) Based on recent market reports management believes it is positioning Exlites to provide cost-effective high-technology medical products and devices for its customers. According to research reports in the medical device industry, China, India, Brazil, Russia, and Eastern Europe are expected to offer the most growth opportunities for industry growth in 2013. The Medical Device Industry ranks among the top-five industries for 2013.
Eugene Collins, Director, Business Development, said, "When we seek to source new medical equipment we look for products that offer cutting-edge technology, we look for products that are cost effective alternatives, and we look to obtain the most popular products in the industry. Of course our main objective is high-quality and cost-efficiency," said Johnson.
Exlites was incorporated in the U.S., and until recently, was mainly engaged in business in Japan. Recently, management determined that it was in the Company's best interest to enter the larger U.S. medical equipment market and take advantage of its relationships. Exlites' business model is unique in that the Company strives to provide assistance and resources to certain medical equipment manufacturers, many of whom are overseas, are more cost effective and may require FDA approval. By partnering with these medical equipment companies, Exlites can obtain better pricing for the best quality products for its customers. Exlites' business plan includes assisting manufacturers to obtain FDA registration and approval.
About Exlites Holdings International, Inc. Exlites Holdings International, Inc. was operated in Japan for a number of years before moving to the United States. The Company's products are sold online and through the company's affiliate and distribution programs. The Company is dedicated to offering medical equipment to hospitals, assisted living facilities and to private individuals who seek quality medical equipment at cost effective prices. The Company's website is at www.exlitesmedical.com.