July 14, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — Dehaier Medical Systems Ltd. (NASDAQ: DHRM), a provider of medical devices and homecare medical products in China, said that it has acquired an emergency ventilator product line (QS-100A series) from Beijing Qiumanshi Technology Co., Ltd. The acquisition includes the production technology and complete proprietary intellectual property.

The QS-100A series is a multi-functional emergency, portable synchronized ventilator. It is pneumatic-driven and gas-controlled, requiring no other power supply.

Because of its compact size and low weight, it can be used on the scene in accident cases and during patient transportation, according to Dehaier.

Dehaier CEO Ping Chen said, "This acquisition complements our ventilator product line. Dehaier already has well-established ventilator products for home use and hospital use. Our latest product now allows us to provide portable ventilator products for use at a medical emergency site as well as during ambulance transport to the hospital."

Dehaier estimates the annual demand for emergency ventilators in China is around RMB150 million ($22 million). The company said it expects production capacity to reach 2,000 units per year, suggesting an annual product revenue of RMB 20 million ($2.9 million).

China-based Dehaier Medical Systems is engaged in the development, assembly, marketing and sale of medical products in China, including respiratory and oxygen homecare medical products.

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