For Immediate Release
David K. Waldman or Klea K. Theoharis
Crescendo Communications, LLC
Tel: (212) 671-1020
HAPC Completes Acquisition of InfuSystem, Inc.;
Changes Name to InfuSystem Holdings, Inc.
New York, October 26, 2007 HAPC, Inc. (OTCBB: HAPN, HAPNW, HAPNU) today announced it has completed the acquisition of InfuSystem, Inc., a leading provider of ambulatory infusion pump services, from I-Flow Corporation (Nasdaq: IFLO). The company also announced that it has changed its name to InfuSystem Holdings, Inc., and will remain a Delaware corporation.
Sean McDevitt, Chairman of InfuSystem Holdings, Inc., commented, We are happy to have completed the acquisition and with that now behind us, the name change will better reflect the companys operations going forward.
About InfuSystem Holdings, Inc.
InfuSystem provides external ambulatory infusion pump services to doctors and their patients allowing for the gradual delivery of a drug over a period of days in the privacy of ones home, rather than higher dose treatments, as is the case of chemotherapy administered in a hospital setting or doctors office.
Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those predicted by such forward-looking statements. These risks and uncertainties include general economic conditions, as well as other risks detailed from time to time in HAPCs publicly filed documents.
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