EDEN PRAIRIE, Minn., June 20, 2018 (GLOBE NEWSWIRE) -- CHF Solutions, Inc. (NASDAQ:CHFS), today announces it has expanded
its commercial sales team with the addition of three seasoned field sales representatives, growing its sales outreach from 10 to 13
territories. The new sales representatives joined the company with extensive medical device experience and bring a strong track
record of success in market expansion and sales execution.
“We are excited to welcome these experienced sales individuals to our new and growing commercial organization. We continue to
execute on our strategic plan to expand our exposure in the market. The addition of new employees to our sales organization and the
expansion of U.S. territories allow us to continue to increase awareness and grow utilization of the Aquadex FlexFlow system,” said
John Erb, chairman and CEO of CHF Solutions.
About CHF Solutions
CHF Solutions, Inc. (NASDAQ:CHFS) is a medical device company focused on commercializing the Aquadex FlexFlow system for
Aquapheresis® therapy. The Aquadex FlexFlow system is indicated for temporary (up to eight hours) ultrafiltration
treatment of patients with fluid overload who have failed diuretic therapy, and extended (longer than 8 hours) ultrafiltration
treatment of patients with fluid overload who have failed diuretic therapy and require hospitalization. All treatments must be
administered by a healthcare provider, under physician prescription, both of whom having received training in extracorporeal
therapies. The company's mission is to predict, measure, and control patient fluid balance through science, collaboration, and
innovative medical technology. CHF Solutions is a Delaware corporation headquartered in Minneapolis,
Minnesota with wholly owned subsidiaries in Australia and Ireland. The company has been listed on the NASDAQ
Capital Market since February 2012.
Forward-Looking Statements
Certain statements in this release are forward-looking statements within the meaning of the Private Securities Litigation Reform
Act of 1995, including without limitation, the statement regarding the field clinical team enhancing sales operations by working
with doctors and nurses to optimize the use of the company’s FlexFlow device. Forward-looking statements are predictions,
projections and other statements about future events that are based on current expectations and assumptions and, as a result, are
subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking
statements in this release, including, without limitation, those risk associated with our ability to execute on our recently
announced strategic realignment, the possibility that we may be unable to raise sufficient funds necessary for our anticipated
operations, our post-market clinical data collection activities, benefits of our products to patients, our expectations with
respect to product development and commercialization efforts, our ability to increase market and physician acceptance of our
products, potentially competitive product offerings, intellectual property protection, our ability to integrate acquired
businesses, our expectations regarding anticipated synergies with and benefits from acquired businesses, and other risks and
uncertainties described in our filings with the SEC. Forward-looking statements speak only as of the date when made. CHF Solutions
does not assume any obligation to publicly update or revise any forward-looking statements, whether as a result of new information,
future events or otherwise.
CONTACTS:
INVESTORS:
Claudia Napal Drayton
Chief Financial Officer
CHF Solutions, Inc.
952-345-4205
ir@chf-solutions.com
-or-
Bret Shapiro
Managing Partner
CORE IR
516-222-2560
brets@coreir.com
www.coreir.com
MEDIA
Jules Abraham
JQA Partners, Inc.
917-885-7378
jabraham@jqapartners.com
