TEST - Jay 2 - CRH Medical Corporation opens Center in New York
May 28 2008 - 3:25PM
PR Newswire (US)
VANCOUVER, May 28 /PRNewswire-FirstCall/ -- CRH Medical Corporation
(CRM:TSX-V) announced today that it has opened a Center for
Colorectal Health in Bay Shore, Long Island. This Center is the
Company's first in the state of New York, one of many new markets
that CRH has targeted for expansion. The opening of this location
represents the 6th new Center opened in 2008 bringing the Company's
total number of Centers to 14. According to the National Institute
of Health, the prevalence rate of hemorrhoids in the US is about
4.4% of the population. Approximately 50% of the U.S. population
will develop hemorrhoids by age 50. The Company plans to
significantly increase the number of Centers for Colorectal Health
across the U.S. to address this underserved market. About CRH
Medical Corporation: CRH Medical Corporation specializes in the
treatment of hemorrhoids utilizing its proven treatment protocol
and patented proprietary technology. CRH's single use, disposable,
hemorrhoid technology is safe and highly effective in treating
hemorrhoid grades I - IV. CRH Medical employs two commercialization
strategies: First, it operates Centers for Colorectal Health
facilities in the United States specializing in the treatment of
hemorrhoids and fissures, and colon cancer screening. In addition
CRH distributes its hemorrhoid banding technology, treatment
protocols, operational and marketing expertise as a complete, "turn
key" package directly to its partner physicians. The Company's goal
is to establish the CRH hemorrhoid technology as the standard for
hemorrhoid treatment. The information in this news release contains
so-called "forward-looking" statements. These include statements
regarding CRH Medical expectations, beliefs, intentions or
strategies for the future, which may be indicated by words or
phrases such as "anticipate", "expect", "intend", "plan", "will",
"we believe", "CRH Medical believes", "management believes" and
similar language. All forward-looking statements are based on CRH
Medical current expectations and are subject to risks and
uncertainties and to assumptions made. The TSX Venture Exchange
does not accept responsibility for the adequacy or accuracy of this
release. DATASOURCE: Imperial Oil Limited CONTACT: Dean Linden,
Investor Relations, CRH Medical Corporation at (604) 633-1440 or ;
Additional information may also be found by visiting the Company's
website at http://www.crhmedcorp.com/ or the SEDAR website at
http://www.sedar.com/
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