AHI Allied Health

 

TIDMAHI 
 
RNS Number : 4405B 
Allied Healthcare International Inc 
27 October 2009 
 

Allied Healthcare International Inc. Implements Contract Win With London Borough 
of Islington Council 
 
 
Further Expands Coverage in London Region With Three-Year Contract Award With 
Council and New Branch Opening 
 
 
NEW YORK, NY--(Marketwire - October 27, 2009) - Allied Healthcare International 
Inc. (NASDAQ: AHCI) (AIM: AHI) (http://www.alliedhealthcare.com), a leading 
provider of flexible healthcare staffing services in the United Kingdom, has 
implemented a three-year contract with the London Borough of Islington Council 
in the United Kingdom. 
 
 
Under the Islington contract, Allied has the opportunity to deliver up to two 
thousand five hundred hours of home care services a week (130,000 hours a year) 
as one of two providers for the South region of Islington, a borough in North 
London with a population of 175,000. This award, which was secured in March 2009 
and is Allied's first contract with Islington, has now completed its 
implementation stage with the opening of a new branch, London North. 
 
 
Sandy Young, Chief Executive Officer of Allied, commented: "Our stated objective 
of materially increasing our presence across London Boroughs is yielding 
excellent results as this win comes on the back of recent long-term contract 
wins in Waltham Forest and Redbridge. I look forward to updating our 
shareholders on further results of this successful strategy." 
 
 
For more news and information on Allied Healthcare International Inc., please 
visit http://www.IRGnews.com/coi/AHCI where you can find the CEO's video, a fact 
sheet on the company, investor presentations, and more. 
 
 
ABOUT ALLIED HEALTHCARE INTERNATIONAL INC. 
 
 
Allied Healthcare International Inc. (http://www.alliedhealthcare.com) is a 
leading provider of flexible healthcare staffing services in the United Kingdom. 
Allied operates a community-based network of 111 branches with the capacity to 
provide carers (known as home health aides in the U.S.), nurses, and specialized 
medical personnel to locations covering approximately 90% of the U.K. 
population. Allied meets the needs of private patients, community care, nursing 
and care homes, and hospitals. 
 
 
FORWARD-LOOKING STATEMENTS 
 
 
Certain statements contained in this news release may be forward-looking 
statements. These forward-looking statements are based on current expectations 
and projections about future events. Actual results could differ materially from 
those discussed in, or implied by, these forward-looking statements. Factors 
that could cause actual results to differ from those implied by the 
forward-looking statements include: general economic and market conditions; 
Allied's ability to continue to recruit and retain flexible healthcare staff; 
Allied's ability to enter into contracts with local government social services 
departments, NHS Trusts, hospitals and other healthcare facility clients on 
terms attractive to Allied; the general level of patient occupancy at our 
clients' hospitals and healthcare facilities; dependence on the proper 
functioning of Allied's information systems; the effect of existing or future 
government regulation of the healthcare industry, and Allied's ability to comply 
with these regulations; the impact of medical malpractice and other claims 
asserted against Allied; the effect of regulatory change that may apply to 
Allied and that may increase costs and reduce revenues and profitability; 
Allied's ability to use net operating loss carry forwards to offset net income; 
the effect that fluctuations in foreign currency exchange rates may have on our 
dollar-denominated results of operations; and the impairment of goodwill, of 
which Allied has a substantial amount on the balance sheet, may have the effect 
of decreasing earnings or increasing losses. Other factors that could cause 
actual results to differ from those implied by the forward-looking statements in 
this press release include those described in Allied's most recently filed SEC 
documents, such as its most recent annual report on Form 10-K, all quarterly 
reports on Form 10-Q and any current reports on Form 8-K filed since the date of 
the last Form 10-K. Allied undertakes no obligation to publicly update or revise 
any forward-looking statements, whether as a result of new information, future 
events, or otherwise. 
 
 
CONTACT 
 Allied Healthcare International Inc. 
 Sandy Young 
 Chief 
Executive Officer 
 Paul Weston 
 Chief Financial Officer 
 UK 00-44-1785 
810-600 
 or 
 The Investor Relations Group 
 Adam 
Holdsworth 
212-825-3210 
 or 
 Cenkos Securities plc (Nominated 
Advisor) 
 Elizabeth Bowman 
 London: 00-44-20-7397-8928 
 or 
 Ian 
Soanes 
 London: 00-44-20-7397-8924 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 CNTBDBDGBSDGGCR 
 

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