SALT LAKE CITY, UT--(Marketwired - Aug 15, 2013) - Exlites Holdings International, Inc. (PINKSHEETS: EXHI) announced today that it is in negotiations with China based medical equipment manufacturers regarding a partnership that allows the company to offer high-tech medical equipment to its customers at cost effective prices. Exlites offers the manufacturer's products on its online platform at affordable prices to its clients and the Chinese manufacturers have an avenue to offer their cutting-edge products to a large new consumer base.
According to research reports in the medical device industry, China, India, Brazil, Russia, and Eastern Europe are expected to offer the most growth opportunities for industry growth in 2013. The Medical Device Industry ranks among the top-five industries for 2013. (1)
This ambitious goal of partnering with international product manufacturers, will complement other Exlites efforts, and offers new cutting-edge products to its client base at affordable prices. Management has set a goal to triple the company's current product offering in the next few weeks. Building on the initial success of the Exlites website launch, the company is looking to partner with select manufacturers overseas to lower costs for its clients and at the same time increase margins for the company's bottom line.
Kevin Johnson, Director, Business Development, said, "We are witnessing unprecedented demands for medical equipment both from individual clients and medical facilities. By partnering with international manufacturers, Exlites can assure that it offers high-quality high-technology medical equipment to customers at a cost effective price point."
Exlites was incorporated in the U.S., and until recently, was mainly engaged in business in Japan. Recently, management determined that it was in the Company's best interest to enter the larger U.S. medical equipment market and take advantage of its relationships. Exlites' business model is unique in that the Company strives to provide assistance and resources to certain medical equipment manufacturers, many of whom are overseas. By partnering with these medical equipment companies, Exlites can obtain better pricing for the best quality products for its customers. Exlites' business plan includes assisting manufacturers to obtain FDA registration and approval.
About Exlites Holdings International Inc. Exlites Holdings International Inc. was operated in Japan for a number of years before moving to the United States. The Company's products are sold online and through the company's affiliate and distribution programs. The Company is dedicated to offering medical equipment to hospitals, assisted living facilities and to private individuals who seek quality medical equipment at cost effective prices. The Company's website is at www.exlitesmedical.com.