EPIC Announces the Beginning of EPIC Medicor, Its First Corporate Update
May 20 2014 - 9:15AM
Marketwired
EPIC Announces the Beginning of EPIC Medicor, Its First Corporate
Update
AUSTIN, TX--(Marketwired - May 20, 2014) - EPIC Corporate on
(PINKSHEETS: EPOR) ("EPIC"), and Ronald S. Tucker, EPIC's
president, announced "the transfer of EPIC's AcuFAB business to
EPIC Medicor Corp, it wholly owned subsidiary, in its first
corporate update. EPIC, as a shareholder orientated company, is
going to provide a series of corporate updates to inform its
shareholders and potential shareholders about EPC and EPIC
Medicor's activities."
We believe it is important to give a brief history of EPIC and
its present transfer of the AcuFAB business to EPIC Medicor
Corporation.
History
EPIC was incorporated in 1997 as a fabless semi-conductor
company. Since that time to 2010, EPIC subsidiaries were focused on
developing electronic products. Products developed include an
internet gateway for used in the power industry to gather and
transfer information through the internet, an RF transmitter and
receiver, a digital timer and controller to be used in conjunction
with equipment and other devises. These products have generated
limited sales because they lacked significant market potential.
During that time, EPIC engaged in several different businesses
through subsidiaries, and established alliances with 3rd party
small companies, but EPIC and the subsidiaries have always lacked
sufficient resources and personnel in order to grow.
EPIC Medicor Corporation
In September 2010, EPIC's management was presented with an
opportunity to produce a one of a kind fabric, AcuFAB, which gives
the ability to produce unique products, that can be sold in
existing consumer, home healthcare, and healthcare markets. EPIC's
management, with a vision of AcuFAB's potential, changed its
business model to focus 100% on AcuFab and its potential use in
several significant market segments. Changing total direction, and
with the consultation of market and industry experts, Mr. Tucker
applied for a patent on the fabric. Further consultants advised him
to wait to build an organization until he received the patent.
EPIC's management incorporated Epic Medicor Corporation in
December 2010, to become the entity to house the AcuFAB business
and become the product orientated company.
On April 1st, 2014, Mr. Tucker received the patent from the
United States Patent office.
What is unique is that the patent is on the fabric, and not a
particular product. The patent will attach to all products made
with AcuFab. During the time between the application for and
receiving the patent EPIC's management, with limited funds, became
educated about the fabric, the products that could be made from it;
how AcuFAB and its products are different from similar products in
defined market segments; determine the effectiveness of various
products and how to market the fabric and its products.
EPIC's management in conjunction with consultants discovered
that the fabric produces effective products, however, to get a
volume of sales, we are focusing on OEM's who make similar products
and products that can use the fabric. This is the result of
testimonials of users of hundreds of sample products.
EPIC, as a financial services company, is transferring its
AcuFAB business to EPIC Medicor at this time to build EPIC Medicor
with the AcuFAB business and enable it to raise the capital
required to grow its business.
AcuFab is a proprietary, one of a kind, fabric that is now
confirmed by users that it produces better blood flow to injured
areas and air ventilation when lying down, sitting in a chair,
driving your car, or standing on your feet all day.
Everyone at EPIC is excited about EPIC Medicor's future with
AcuFab and looks forward to more updates and press releases in the
future as EPIC Medicor grows.
Visit www.epiccor.com for corporate information and
http://www.otcmarkets.com/stock/EPOR/quote for investor and
financial information.
CONTACT: Gregory Stachacz Director of IR Email: Email Contact
Telephone: 904-282-3093
Epic (CE) (USOTC:EPOR)
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