SOHM India Expected to Report Record Revenue Growth in Generic Pharmaceutical Sales
SOHM India’s Current and New Contracts Continue To Grow Within Emerging Pharmaceutical Markets
BUENA PARK, CA, April 27, 2010 – SOHM, Inc. (Pink Sheets: SHMN), a generic pharmaceutical manufacturer that produces and markets generic drugs covering all major treatment categories announced today that it expects to report record revenue growth for the 1st and 2nd quarters of 2010. The Company planned the rollout of its private label generic pharmaceutical product line in 2009, and has been aggressively focusing on expanding its market presence in India and select emerging pharmaceutical markets globally.
Shailesh Shah, Vice President for Corporate Strategy at SOHM, Inc. stated, “We are successfully penetrating our target markets in India and other emerging markets with our SOHM branded pharmaceuticals. The expansion of our staff and manufacturing facility in India has been fast paced and we are only in the beginning stages of scaling up operations. As momentum builds we find ourselves both delivering on our existing contracts and continuing to close new contracts. As we get closer to the middle of the year we are confident that revenue and sales growth will continue to increase at very impressive rates.”
About SOHM, Inc.
SOHM, Inc. is a generic pharmaceutical manufacturer that produces and markets generic drugs covering all major treatment categories. Global headquarters is located in North America with manufacturing sites in India. Generic pharmaceuticals are exported globally with a focus on distribution in emerging markets in Africa, Latin America, and Southeast Asia. www.sohm.com
Safe Harbor Statement
This press release contains statements, which may constitute “forward-looking statements” within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of SOHM, Inc., and members of their management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
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SOHM, Inc.
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