Therma-Med Inc. Provides Mid Year Update on Company Milestones
July 15 2010 - 8:30AM
Marketwired
The directors of Therma-Med Inc. (PINKSHEETS: THRA) wish to update
shareholders of the significant progress that the Company has made
in the execution of its business plan so far in 2010.
Therma-Med Inc. is a provider of premium nutritional
supplements, medicinal products and alternative medicinal
procedures, including thermal imaging systems that incorporate
state-of-the-art infrared technologies to accurately and
cost-effectively measure physiological changes in the human body,
allowing patients of all walks of life access to a proactive form
of maintaining good health and quality of life through early
detection and prevention. These products and services are available
to patients through clinics and online through e-commerce
purchasing applications.
Since Therma-Med expanded its scope of business in the health
and wellness spectrum to include the pursuit of clinical
acquisitions and ownership, the Company has achieved a number of
noteworthy milestones:
- The Company launched a new product line of premium quality
vitamins, supplements and natural wellness products that will
eventually encompass powerful immune system boosters, joint and
bone density maintenance formulas, Calcium and Vitamin D3
supplements. The products are available for purchase at clinic
locations and on-line purchase on the company website.
- Completed purchase of the Bella Vita Chiropractic Clinic which
added a revenue stream to the company as we began to mirror the
Therma-Med business model of clinic ownership, while continuing to
provide the professional support services and medical procedures
they have been performing since 2002. Bella Vita Clinic has been in
operation now for the last 7 years in the Greater Toronto Area
(GTA) and treats approximately 1100 patients.
- Therma-Med launched its on-line e-commerce site to enable
purchase of products at our website.
- Signs LOI with the Simply Align Rehab Clinic in Oakville,
Ontario Canada location, the company expects to update its
shareholders on this LOI in the very near future.
- The Company recently became affiliated with the National
Wellness Institute, an accredited association that promotes the
benefits of health and wellness awareness. As a member, Therma-Med
is being showcased amongst the country's leading health and
wellness organizations while taking advantage of the benefits of
unparalleled resources and services that fuel professional and
personal growth for practitioners.
As preventative and alternative medical solutions are becoming
more and more mainstream, the Company's business plan to continue
implementing its DITI technology and services as well as high
quality nutraceutical products in established clinics is
progressing exceptionally well. The added opportunity that this has
presented for additional potential acquisitions continues to
compliment Therma-Med's business model.
"The remainder outlook for 2010 looks very promising as we are
implementing our business model of clinic ownership with additional
services that add immediate revenues to our company. The economic
recovery only supports our business model moving forward and with
the potential acquisitions that we are looking to close, the future
looks bright for our company," said Joshua Suarez, President,
Therma-Med. He is very optimistic about its future and will
continue to update its shareholders as milestones are achieved.
About Therma-Med Inc.: Therma-Med Inc. provides alternative
medicinal procedures, premium nutritional supplements, medicinal
products and current medical support services by making them
available to patients through their clinics and online through
e-commerce purchasing applications. Therma-Med Inc., through highly
specialized Thermal Imaging and breakthrough alternative procedure
clinics, is poised to become a healthcare industry leading company,
providing the alternative medicine approach to good health, as well
as providing patients with an adjunctive diagnostic procedure that
effectively pursues and exposes the benefits of early detection and
prevention of various medical conditions. Therma-Med Inc. utilizes
thermal imaging systems that incorporate state-of-the-art infrared
technologies and proprietary software to accurately and
cost-effectively measure physiological changes in the human body,
allowing patients of all walks of life access to a proactive form
of maintaining good health and quality of life through early
detection and prevention.
Cautionary Statement Regarding Forward-Looking Information:
Except for statements of historical fact relating to the
Corporation, certain information contained herein constitutes
forward-looking statements. Forward-looking statements are
frequently characterized by words such as "potential," "estimate,"
"plan," "expect," "project," "intend," "believe," "anticipate" and
other similar words, or statements that certain events or
conditions "may" or "will" occur. Forward-looking statements are
based on the opinions and estimates of management at the date the
statements are made, and are subject to a variety of risks and
uncertainties and other factors that could cause actual events or
results to differ materially from those projected in the
forward-looking statements. The Corporation undertakes no
obligation to update forward-looking statements if circumstances or
management's estimates or opinions should change. The reader is
cautioned not to place undue reliance on forward-looking
statements.
Contact: Therma-Med Inc. Corporate Relations Group Inc.
1-888-323-0929
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