Andlauer Healthcare Group Appoints Graham Cromb as Chief Strategy Officer

TORONTO, May 4, 2023 /CNW/ - Andlauer Healthcare Group Inc. (TSX: AND) ("AHG" or the "Company") today announced the appointment of Mr. Graham Cromb as the Company's Chief Strategy Officer. Mr. Cromb will advance AHG's strategic initiatives and lead the Company's corporate development program.

Mr. Cromb has extensive international experience in supply chain and logistics management through a career spanning 23 years with United Parcel Service ("UPS"). He started with UPS' engineering team in 2000 and in the following years held various senior roles leading supply chain design for North American and global healthcare customers. In 2016, Graham relocated to Belgium where he managed the strategy, sales, and customer solutions functions for UPS' distribution business in Europe.

In 2019, with the launch of UPS Healthcare, Graham was appointed Vice President of Operations for Europe, where he led the integration of several acquisitions and supported the expansion of UPS' distribution facilities network and temperature-controlled fleet. Graham played a key role in establishing UPS Healthcare's industry-leading, pan-European healthcare logistics network.  Upon his return to Canada in 2022, Graham was an integration leader of UPS' third largest acquisition in its history, bringing expanded healthcare logistics capabilities to Latin America and Europe.

"We are delighted to welcome Graham on board as our new Chief Strategy Officer," said Michael Andlauer, Chief Executive Officer of AHG. "His expertise and proven track record in successfully leading expansion initiatives for a global supply chain company will benefit us as we continue to advance our growth strategy in key pharmaceutical markets."

About AHG

AHG is a leading and growing supply chain management company offering a robust platform of customized third-party logistics ("3PL") and specialized transportation solutions for the healthcare sector. The Company's 3PL services include customized logistics, distribution and packaging solutions for healthcare manufacturers across Canada. AHG's specialized transportation services in Canada, including air freight forwarding, ground transportation, dedicated delivery and last mile services, provide a one-stop shop for clients' healthcare transportation needs. Through its complementary service offerings, available across a coast-to-coast distribution network, AHG strives to accommodate the full range of its clients' specialized supply chain needs on an integrated and efficient basis. The Company also provides specialized ground transportation services, primarily to the healthcare sector, across the 48 contiguous U.S. states. For more information on AHG, please visit: www.andlauerhealthcare.com.

Forward-looking Information

This news release contains forward-looking statements (within the meaning of applicable securities laws). Particularly, information regarding the Company's growth expectations and strategies is forward-looking information. Forward-looking information is necessarily based on a number of opinions, estimates and assumptions, including but not limited to those assumptions described under the heading "Cautionary Note Regarding Forward-Looking Information" in the Company's management discussion and analysis for the year ended December 31, 2022. Forward-looking information is subject to known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information, including but not limited to factors discussed under the heading "Risk Factors" in the Company's annual information form dated March 2, 2023, which is available on the Company's profile on SEDAR at www.sedar.com. If any of these risks or uncertainties materialize, or if the opinions, estimates or assumptions underlying the forward-looking information prove incorrect, actual results or future events might vary materially from those anticipated in the forward-looking information. Accordingly, investors should not place undue reliance on forward-looking information, which speaks only as of the date made. The forward-looking information contained in this news release represents the Company's expectations as of the date of this news release and are subject to change after such date and the Company disclaims any intention or obligation or undertaking to update or revise any forward-looking information whether as a result of new information, future events or otherwise, except as required under applicable securities laws.

SOURCE Andlauer Healthcare Group Inc.

Peter Bromley, Chief Financial Officer, Tel: [phone]; Bruce Wigle, Investor Relations, Tel: [phone]