Dehaier Medical Systems Changes Name and Ticker Symbol

As of Monday, November 21, Dehaier Medical Systems will be known as Lianluo Smart. The NASDAQ ticker symbol will change from DHRM to LLIT.
Lianluo’s medical wearable sector will focus on devices to aid sleep. According to the press release:

It will provide users with medical grade detection and monitoring, long-distant treatment and integration solution of professional rehabilitation. The Company now has professional and accurate collection and valuable big-data analytic technology, which can scientifically and accurately collect and count user data, provide chronic and high-risk patients with long-distance treatment and professional rehabilitation.

CEO Ping Chen said the following in regards to the name change:

“In order to reflect the determination to realize its ambition in the field of smart wearable device, the Company decided to change its name to Lianluo Smart. “Lianluo” in Chinese means ‘Connection.'”

Read the full press release here.