China Nuvo Solar Target Acquisition SurgLine Signs Agreement for Sales to U.S. Department of Veterans Affairs (VA)
Gonneville, Inc. agrees to add SurgLine's medical and surgical products for direct access to multi-billion dollar VA market
WEST PALM BEACH, Fla., Aug. 3, 2011 /PRNewswire/ -- China Nuvo Solar Energy, Inc. (OTCQB: CNUV) today announced that SurgLine, Inc. has reached an agreement with Gonneville, Inc. (Gonneville), whereby Gonneville will add the Company's medical and surgical product lines to their products for sale to the U.S. Department of Veterans Affairs ("VA").
In 2009 the Veterans Health Administration ("VHA") had over 485,000 acute inpatient/medical surgical procedures and over 400,000 outpatient endoscopy procedures. With expected increases to the already 27 million veterans who have unselfishly served their country; surgical procedures are increasing, necessitating increases in the demand for quality medical supplies. The challenge is balancing the needed increase in procedures and supplies while remaining focused on the priority of reduced spending. Healthcare industry analysts stress that current healthcare spending is not sustainable. SurgLine's intention is to address this issue by providing the highest quality surgical instrumentation at the lowest possible cost, with savings upward of 30%, which will revolutionize the historical costs of medical and surgical products.
"Richard Dutch, the President and Chief Operating Officer of SurgLine, Inc. and I have worked very successful, over the past 7 years, to penetrate the Veterans Integrated Service Networks ("VISN") markets and bring value and substantial cost savings to their facilities. Our relationship is based on trust, integrity and longevity. I look forward to continued success, working with Richard and SurgLine, as the VA Hospital System is in dire need for their services," stated Don Gonneville, President of Gonneville.
Mr. Tom Toland, CEO of SurgLine was quoted as saying, "SurgLine is excited to announce this agreement that will allow us to partner with Government facilities to address this dire situation and provide significant savings to VA facilities across the Country. We are extremely pleased to have a relationship with Don and his entire organization. Based on Richard's and Don's proven track record in successfully working with the VHA, we look forward to a win win scenario for our Company, the VA and all of the veterans they serve."
"This is another step in the management team of SurgLine executing their business model. SurgLine has put together an experienced group of executives who have individually had success in their careers and we look forward to all they can accomplish as one team. We believe the Company motto of 'more value for your healthcare dollar' is evidenced by their ability to source and distribute medical and surgical products without the historical brand premium markup. This can not only be an industry changer but as importantly assist and lower the cost of taking care of our veterans," stated Henry Fong, CEO of China Nuvo Solar Energy, Inc.
About SurgLine, Inc.
SurgLine (www.surgline.com) sources and distributes high quality FDA approved medical and surgical products at discount prices, thereby reducing or eliminating the historical brand premium paid by healthcare providers including acute care hospitals, surgery centers, surgical hospital, self insured employers and insurance companies. SurgLine offers high quality medical and surgical supplies and products at substantial savings utilizing stocking distributors and institutional buyers by sourcing products globally without the historical brand premium and industry markup.
About Gonneville, Inc.
Gonneville, Inc. is a certified Service-Disabled Veteran-Owned Business Enterprise (SDVOB) and a Small Business Enterprise, providing customers with a broad range of quality products at competitive prices, while maintaining a level of service that meets or exceeds the expectations of even the most demanding customers. Over the past twenty-nine years, the company has added product lines to keep up with the demands of customers.
About Veterans Health Administration (VHA)
The VHA is the nation's largest integrated health care system. With a medical care appropriation of more than $47 billion, VHA employs more than 239,000 staff at over 1,400 sites, including hospitals, clinics, and nursing homes. In addition, VHA is the Nation's largest provider of graduate medical education and a major contributor to medical research.
VHA's mission is to Honor America's Veterans by providing exceptional health care that improves their health and well-being. VHA will continue to be the benchmark of excellence and value in health care and benefits by providing exemplary services that are both patient centered and evidence based. This care will be delivered by engaged, collaborative teams in an integrated environment that supports learning, discovery and continuous improvement. It will emphasize prevention and population health and contribute to the nation's well-being through education, research and service in National emergencies. The U.S. is divided into 21 Veterans Integrated Service Networks, or VISNs — shared systems of care working together to better meet local health care needs and provides greater access to care. Learn more at www.va.gov
About China Nuvo Solar Energy
China Nuvo Solar Energy, Inc. is a development stage company that owns unique patent pending solar and photovoltaic related technology. The Company is also seeking other business opportunities.
This press release may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are based on the Company's current expectations as to future events. However, the forward-looking events and circumstances discussed in this press release might not occur, and actual results could differ materially from those anticipated or implied in the forward-looking statements.
For Further Information Contact:
Henry Fong, President
(561)514-9042
SOURCE China Nuvo Solar Energy, Inc.
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