Westbury, NY – June 17, 2014 - United Health Products, Inc.
(OTCQB:
UEEC) announced that it has entered in principle to a
multi-year distribution Agreement for its patented HemoStyp® gauze
products with AMD-Ritmed. AMD-Ritmed is a privately owned leading
provider of healthcare supplies serving the US and Canada.
- AMD-Ritmed will utilize its extensive distribution network and
existing customer base to showcase the superior line of HemoStyp®
gauze products.
- The Agreement grants AMD-Ritmed the exclusive rights to
distribute United Health Products’ HemoStyp® product line in Canada
and exclusive rights to distribute in certain markets within the
US.
- Among its customers are several of the largest operators of
dialysis clinics in North America, large hospitals and IDN’s, first
aid companies, sterile kit manufacturers, and regional and national
medical distribution companies.
Scott Woolford, AMD-Ritmed Vice President of US Sales, stated, “The
HemoStyp® line of products has the advantage of being both
unique and price competitive, and I am confident that many of our
hospitals and healthcare customers, as well as other potential
customers in the products lines’ vast market, will quickly
recognize the superior performance. I have already seen significant
interest from several of our major distribution partners.”
Doug K. Beplate, COO of United Health Products, said, “We have
found a perfectly suited partner in AMD-Ritmed. AMD-Ritmed’s
network is strong and AMD-Ritmed has a great reputation for being a
leader for quality and performance. Ours is bound to be a long term
and profitable relationship.”
Benefits of HemoStyp®
- HemoStyp® is an all-natural product comprised of regenerated
oxidized cellulose gauze which is specifically formulated to speed
the process of hemostasis (clotting) when positioned on a cut or
wound.
- Unlike the other products in the wound care market, HemoStyp®
contains no potentially harmful chemicals or animal byproducts and
is hypoallergenic.
- Once it has completed its task, it is easily removed by
dissolving it in water or saline solution. This method of removal
neither disturbs the clotted surface nor encourages re-bleeding,
which is a significant problem with traditional gauze
products.
-Continued-
United Health Products Inc. announces two new members to
the advisory board
Dr. David Ramey is a 1983 graduate of the Colorado State University
of Veterinary Medicine. Dr. Ramey completed an internship in equine
medicine and surgery at Iowa State University. He has been in
private equine practice in Southern California since 1984 and his
expertise includes medicine, surgery, wound care and standing field
procedures. Dr. Ramey is an internationally known author and
lecturer. He has authored more than a dozen books, and has
lectured on various topics around the United States, as well as
Australia. He has presented topics at the American
Association of Equine Practitioners meeting seven times.
Barry Weinberg, B.S., M.S., ATC. is a graduate of Springfield
College (MA.) and received his Masters from Indiana University.
Since 2012, Barry has been the Senior Medical Advisor for the St.
Louis Cardinals. Barry began his career in 1974 in the
Pittsburg Pirates minor league system. He joined the New York
Yankees in 1979 as the Assistant Athletic Trainer and in 1982 was
named Head Athletic Trainer for the Oakland Athletics. Barry spent
16 years with the Athletics before joining the St. Louis Cardinals
in 1998 as the Head Athletic Trainer. Barry has served in four MLB
All Star games and seven World Series. He has been instrumental in
organizing PBATS seminars and lectured at several NATA National
Conventions.
About AMD-Ritmed
For over 30 years, AMD-Ritmed has been a leading manufacturer of
surgical dressings and related products as well as distributor of
products utilized in hospitals and healthcare facilities.
AMD-Ritmed has evolved into a multinational manufacturer and
distributor of wound care, personal protection, general medical and
surgical supplies. For more on AMD-Ritmed visit: www.amdritmed.com
About United Health Products, Inc.
United Health Products, Inc. (UEEC) develops, manufactures, and
markets a patented hemostatic gauze, for the healthcare and wound
care sectors. The product, HemoStyp®, is derived from regenerated
oxidized cellulose, which is all natural, and designed to absorb
exudate/drainage from superficial wounds and helps control
bleeding. UEEC is focused on identifying new markets and
applications for its product as well as ramping up sales in its
current markets. For more on United Health Products, Inc.
visit: www.unitedhealthproductsinc.com
Safe Harbor Statement
Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995: This news release may contain forward-looking
information within the meaning of Section 27A of the Securities Act
of 1933, as amended, and Section 21E of the Securities Exchange Act
of 1934, as amended, including statements that include the words
"believes," "expects," "anticipates" or similar expressions. Such
forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause the actual results,
performance or achievements of the Company to differ materially
from those expressed or implied by such forward-looking
statements.
Company
Contact:
IR Contact:
Dr. Philip Forman, CEO
Terri MacInnis, VP of
IR
United Health Products,
Inc.
Bibicoff + MacInnis,
Inc.
877-358-3444
terri@bibimac.com 818-379-8500