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Dehaier Medical Cooperates With Mindray To Win Procurement Bid

BEIJING, Feb. 12, 2013 (GLOBE NEWSWIRE) -- Dehaier Medical Systems Ltd. (Nasdaq:DHRM) ("Dehaier" or the "Company"), an emerging leader in the development, assembly, marketing and sale of medical devices and homecare medical products, today announced that it assisted Mindray Medical International Ltd (NYSE:MR) with a national medical procurement bid for 79 units of Mindray's M7 color Doppler ultrasound machines.

Mr. Ping Chen, Chairman and Chief Executive Officer of Dehaier Medical said, "The opportunity to cooperate with a well-respected company like Mindray and the national level of the procurement project made this an important bid for our company. I am proud of our team's successful bid and believe it reflects well on our experience participating in governmental procurement projects, excellent public relations efforts and strong implementation capability. We expect the project to contribute significantly to revenue this year and set a firm foundation for our key account business in 2013. We will use this project and cooperation with Mindray to continue to develop our corporate growth strategy and to enhance Dehaier's brand awareness."

About Dehaier Medical Systems Ltd.

Dehaier is an emerging leader in the development, assembly, marketing and sale of medical products, including respiratory and oxygen homecare medical products. The company develops and assembles its own branded medical devices and homecare medical products from third-party components. The company also distributes products designed and manufactured by other companies, including medical devices from IMD (Italy), Welch Allyn (USA), HEYER (Germany), Timesco (UK), eVent Medical (US) and JMS (Japan). Dehaier's technology is based on six patents, ten software copyrights and proprietary technology. More information may be found at http://www.dehaier.com.cn

About Mindray Medical International Ltd

Mindray is a leading developer, manufacturer and marketer of medical devices worldwide. Mindray maintains its global headquarters in Shenzhen, China, U.S. headquarters in Mahwah, New Jersey and multiple sales offices in major international markets. From the main manufacturing and engineering base in China, Mindray supply through its worldwide distribution network a broad range of products across three primary business segments, namely patient monitoring and life support, in-vitro diagnostic, and medical imaging systems. 

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