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Edited by Carly Zander, assoc. news editor


SLEEP SOLUTIONS ANNOUNCES THE APPOINTMENTS OF MIKE THOMAS AS PRESIDENT AND DAN DUGAN AS CHAIRMAN OF THE BOARD

Company Continues Growth Providing Diagnostic, Therapy and Compliance Management Services for Patients Experiencing Sleep-Disordered Breathing.

PALO ALTO, CA - April 16, 2003 /Send2Press/ -- Sleep Solutions, Inc., the innovative medical device and healthcare services company focusing on direct-to-patient sleep disorder testing services has announced the appointment of Michael J. Thomas as President and Director. Mr. Thomas joined Sleep Solutions in 2001 as Vice President, Sales and Business Development. Mr. Thomas succeeds Daniel R. Dugan who becomes Chairman of the Board after having served as President since 2001.

Mr. Thomas has over 15 years of experience in the healthcare industry in various sales, marketing, and business development positions. Before joining SSI, he was Executive Vice President of Sales and Marketing and a Director on the Board of National Sleep Technologies Inc. (NST). Prior to NST, he was Vice President, East Coast Sales for Patient InfoSystems (specializing in the development of disease management programs), and held various sales positions with Merck and Glaxo Wellcome.

"As we continue to execute on our vision and move Sleep Solutions to the next level of opportunity," said Dugan, "Mike Thomas' appointment underscores Sleep Solutions' commitment to progress and growth. Mike's strong background, industry expertise and leadership abilities have been key assets to the company." Added Dugan, "Together with the experienced corporate management and outstanding sales team that has been assembled, Mike's proven track record of increasing earnings through focused service offerings, as well as strategic mergers and acquisitions, will help us to further capitalize on the growth opportunities ahead."

"Sleep Solutions' mission of delivering significant value to its customers has enviably positioned the company for sustained growth at a healthy profit margin", said Mr. Thomas. "SSI is well poised to expand its presence and dominate the market. I am keenly aware of this potential and am eager to execute our programs and contribute to its future success. We clearly intend to broaden the medical community's ability to test and treat the majority of the 18 million Americans with Obstructive Sleep Apnea at a cost that is significantly lower than the standard method -- while equaling or surpassing the level of quality currently provided to patients."

About Sleep Solutions Inc. Sleep Solutions Inc., of Palo Alto, Calif., provides technology and services for direct-to-patient diagnosis, therapy and compliance management of sleep-disordered breathing, including obstructive sleep apnea (OSA). As prevalent as Diabetes and Asthma, with the vast majority of the public undiagnosed, appx. 40 million Americans suffer from some form of sleep-disordered breathing. The privately held company provides physicians and their patients a clinically validated, cost-effective, accurate and comfortable alternative to in-laboratory sleep studies at half the cost. Financing has been provided by MedVenture Associates, Johnson & Johnson Development Corporation, Thomas J. Fogarty, M.D., and other venture capital and private investors.

The company's NovaSom QSG(tm) at-home diagnostic system employs proprietary sound analysis technology and is delivered directly to patients via an innovative operational network called MediTrackT. Through its compliance management program, Sleep Solutions helps both patients and payors avoid the consequences of obstructive sleep apnea such as heart disease, high blood pressure, stroke, depression, excessive fatigue, epilepsy, headaches, sexual dysfunction, diabetes, impaired cognitive performance, higher accident rates, decreased quality-of-life, and substantially increased use of health-care resources. A wide array of physician and consumer OSA resources are available through the company's website at http://www.SleepSolutions.com.

URL: www.SleepSolutions.com

Source of news: Sleep Solutions, Inc.



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