CAPE TOWN, South Africa,
Feb. 7, 2012 /PRNewswire/
-- Vantage Health (OTC:BB – ticker symbol VNTH), ("Vantage",
"Company"), announced today that it has appointed Mr. John A. Harris as a Director and Officer of the
Company. Mr. Harris will assume the role of Chief Executive
Officer. The current Chairman and Chief Executive, Dr. Lisa Ramakrishnan, will relinquish the role of
Chief Executive, but maintain the title of Chairman. The
appointments take effect immediately. Mr. Harris, an American
citizen, earned a degree in Journalism from University of Florida, and a Masters degree in
Communication Management from the Annenberg
School for Communication. He is 51 years of age, and has
seventeen years of innovation and excellence as chief executive of
organizations marketing health products in Africa. Most recently, he was the Country
Director for DKT International in South
Africa. Mr. Harris will be based in Cape Town and Dar es Salaam, Tanzania.
Dr. Lisa Ramakrishnan, President
and Chairman of Vantage Health, noted: "As a result of the recent
and positive change in the dynamics of the Company, and the
resultant rapid growth in revenue, the priorities now must include
the focus on internal operations and systems, deliverables and
overall execution, alongside the continued push to develop the
Vantage brand in other African countries. John Harris has a strong history of disciplined
management, backed by his extensive experience in the African
healthcare space. While it is now my intention to continue to focus
on building the Company's relationships in the sub Saharan region,
John will work to consolidate our progress so far, and to ensure
that the Company's subsidiary operations remain streamlined and
efficient, while improving operating margins and economies of
scale."
Mr. John Harris added: "I have
been very impressed with Vantage's progress to date. This is a
company that began with a concept, and in my opinion, has already
established itself as a competitive force in the African healthcare
arena. I consider it a great honor to be selected as the Company's
new CEO, and look forward to driving the Vantage agenda in
Africa alongside Dr. Ramakrishnan,
and creating wealth for the Company and its shareholders."
About Vantage Health
Vantage Health is an African based health care products and
medical consumables supply company focused on building its core
supply business through government and local partnerships, and
alleviating the burden of HIV/AIDS and disease on the African
continent. The company currently has two subsidiaries, Moxisign
(PTY) Ltd., a South African entity 49% owned by Kopano Ke Matla
Investment Company, the investment arm of the Congress of South
African Trade Unions ("COSATU"), and Vantage Health Tanzania
Limited, 49% owned by Tanzanian investors. Vantage Health intends
to create a healthcare company with a dominant presence in sub
Saharan Africa in the pharmaceutical/medical supply and
manufacturing sectors, as well as the construction of hospitals,
maternal obstetric units, and clinics.
Safe Harbor Statement
This press release contains forward-looking statements that
involve risks, uncertainties and assumptions that, if they never
materialize or if they prove incorrect, could cause the Company's
results to differ materially from those expressed or implied by
such forward-looking statements. All statements other than
statements of historical fact are statements that could be deemed
forward-looking statements, including any projections of earnings,
revenue, or other financial items, any statements of the plans,
strategies, and objectives of management for future operations, any
statements concerning proposed new products, services or
developments, any statements regarding future economic conditions
or performance, statements of belief and any statements of
assumptions underlying any of the foregoing. These statements
are based on expectations as of the date of this press release.
Actual results may differ materially from those projected because
of a number of risks and uncertainties, including those detailed
from time to time in the Company's reports filed with the
Securities and Exchange Commission. The Company assumes no
obligations and does not intend to update these forward-looking
statements.
Vantage Health is a US company (OTC:BB – ticker symbol VNTH)
recently incorporated and public since February 2011 with the goal of providing
healthcare related products and services in sub Saharan Africa.
For more information about Vantage Health, please contact:
Dr. Lisa Ramakrishnan / Karen Sylvester
Tel: +27 (0) 21 813
6863
Fax: +27 (0) 86 604
7593
ceo@vantagehealth.co.za
www.vantagehealthgroup.com
SOURCE Vantage Health