TRDX Pharmaceutical Division Approved for the State of Louisiana Distribution License
February 15 2011 - 4:15PM
Marketwired
SciMeDent Health, Corp. f/k/a Trend Exploration, Inc. (PINKSHEETS:
TRDX) is pleased to announce its wholly owned subsidiary Preferred
Distribution, Inc. ("Preferred") has been approved in the State of
Louisiana for its out of state wholesale pharmaceutical
distribution license.
Currently, Preferred has received approval in New York, Florida,
Washington and now Louisiana. Additional registrations are pending
in New Jersey and California with approvals expected within 30-60
days.
Pharmaceutical distribution is one of the fastest growing
sectors in the world. Preferred anticipates their new
pharmaceutical division will provide an additional major source of
revenue into the company. In January of 2011, management reported
Year End 2010 revenues (unaudited) will exceed one million dollars.
Year End 2011 revenues are now expected to surpass 2010
revenues.
Dr. Jan Stahl, CEO of TRDX, commented: "We recently received our
license and now look forward to our planned 2nd quarter launch. We
believe this approval is another key step towards another year of
strong revenue growth for the Company."
About SCIMEDENT f/k/a Trend Exploration,
Inc. (PINKSHEETS: TRDX)
SciMeDent (www.scimedenthealth.com) is a company focused on
being a leading developer and marketer of products and services for
medicine, dentistry and life sciences. SciMeDent plans to achieve
growth initially through mergers and acquisitions.
About Preferred Distribution, Inc.
Preferred Distribution, Inc. is a wholly owned subsidiary of
SciMeDent. Preferred's goal is to supply the medical, dental and
veterinary community with quality products at the lowest possible
prices. Preferred prides itself on providing professional sales
staff who are courteous, knowledgeable and dedicated to saving you
time and money for your practice. Since 1987 Preferred has been
serving the needs of professionals throughout the country.
Preferred's dental products division is marketed through its
website, www.preferreddist.com.
Cautionary Statement Regarding Forward-Looking Statements
A number of statements contained in this press release are
forward-looking statements. These forward-looking statements
involve a number of risks and uncertainties, including the
sufficiency of existing capital resources, technological or
industry changes and uncertainties related to the development of
the Company's business model. The actual results the Company may
achieve could differ materially from any forward-looking statements
due to such risks and uncertainties.
Contact: Cadence Consulting, LLC. Dan Myers 1-866-383-1374
dmyers@cadenceconsultingllc.com
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