SANTA ANA, Calif., Feb. 3, 2012 /PRNewswire/ -- SUTIMCo
International, Inc. (Pink Sheets: SUTI) today announced the
formation of eight strategic business units with specific
objectives to enable further investment and advancement to the
company's portfolio of University based technologies. The new
organizational structure will ensure a strong focus to bring the
technology solutions to market with dedicated leadership.
The business units have been formed to better capture the
growing market opportunities and address different technology
attributes through: market segmentation, in order to align
competitor analysis and marketing plans; economies of scale,
through the alignment of technologies within market segments as
functional programs and facilities can be shared and; experienced
management, with market specific knowledge who works with senior
management to define strategic direction.
"The formation of the business units will allow us to invest
strategically over time in our people and in capabilities that will
enhance solutions for the benefit of all SUTIMCo shareholders,"
said Fred Rogers, Chairman of
SUTIMCo International.
Going forward, SUTIMCo will consist of the following eight
separate strategic business units:
According to Mr. Rogers, "This plan has been in the works for
some time in order to expedite the development and launch of the
select technologies SUTIMCo partners with. I am excited to see the
results from eight strong business units inside our company ready
to take the lead and build upon the years of university
research."
About SUTIMCo International, Inc.:
SUTIMCo International, Inc. is a holding company, which utilizes a
unique and established platform to launch new technology
enterprises based on world-class university research discoveries.
SUTIMCo International through its wholly owned subsidiary SUTIMCo,
Inc., provides experienced management to early stage companies,
reducing risk and assuring the know-how in launching and growing a
new company. In addition to this skilled management team, SUTIMCo
can avail itself of the encyclopedic, informal knowledge of the
inventor, his experience and his research team.
Certain statements in this news release may contain
forward-looking information within the meaning of Rule 175 under
the Securities Act of 1933 and Rule 3b-6 under the Securities
Exchange Act of 1934, and are subject to the safe harbor created by
those rules. All statements, other than statements of fact,
included in this release, including, without limitation, statements
regarding potential future plans and objectives of the company, are
forward-looking statements that involve risks and uncertainties.
There can be no assurance that such statements will prove to be
accurate and actual results and future events could differ
materially from those anticipated in such statements. Technical
complications that may arise could prevent the prompt
implementation of any strategically significant plan(s) outlined
above. The company cautions that these forward-looking statements
are further qualified by other factors including, but not limited
to, those set forth in the company's Annual Report filing and other
filings with the Pink OTC Markets (available at
www.otcmarkets.com). The company undertakes no obligation to
publicly update or revise any statements in this release, whether
as a result of new information, future events, or otherwise.
Investor Relations
321-236-0240
SOURCE SUTIMCo International, Inc.