Supurva Healthcare Group, Inc. Enters the High Growth Audiology
Sector of the Healthcare Business
Covington, LA -- May 20, 2015 -- InvestorsHub NewsWire --
Supurva Healthcare Group, Inc. (also known as Lighthouse Petroleum,
Inc.) ("Supurva") (OTC
Markets: LHPT), today announces it has entered into an
exclusive licensing agreement with MelMedtronics, Inc.
(“MelMedtronics”), a revolutionary medical device company
specializing in disorders of hearing and tinnitus. Under the
licensing agreement, Supurva is granted, effective immediately,
exclusive rights to sell their proprietary hearing devices to
customers in the Greater Houston Metropolitan Area. The audiology
sector is expected to have very strong growth in the next ten years
as the baby boomer generation continues to age.
MelMedtronics currently has several audiology products (one
device, The Inhibitor™ and eight iPad applications, iA
Audiometers™ (8 models), Tinnitus Adaptation Program (TAP™) and a
new generation of treatment devices; Tinnitus Neuromodulation
Treatment (TNT®), iA-PSAD (Personal Sound Amplification Device) and
iA-HA (hearing aid) are also in development. The
company’s iA-TEP™ application and iA Audiometers™
applications are iOS based and are used by Audiologists, ENT’s,
Hearing Instrument Specialists, Primary Care Physicians,
Pediatricians and Public Schools to evaluate their patients who
have tinnitus (CPT-92625) and/or hearing loss (CPT-92577).
MelMedrotronics has also developed a Tele-Audiology system that
uses iOS devices (iPads and/or iPhones) to evaluate patients
anywhere in the world, which will greatly reduce the cost of
evaluation and treatment for hearing impaired individuals
world-wide.
Gerard Danos, Chairman and CEO of Supurva stated, “Management
believes this new venture in audiology has even greater opportunity
in the long term care sector than the company’s expanding dental
business and will soon become one of the cornerstone businesses of
Supurva Healthcare Group. In addition, the entry into this sector
produces obvious synergies between our other businesses as most of
our existing clients are also candidates for MelMedtrontonics’
audiology products.
About Supurva Healthcare Group, Inc. AKA Lighthouse
Petroleum, Inc.
Supurva Healthcare Group, Inc., a Delaware Corporation, is a
healthcare holdings company based in Covington, LA. Supurva,
through its wholly own subsidiary On-Site Solutions, LLC, provides
on-site healthcare for acute, subacute, and nursing facility
residents / patients; specializing in dentistry, podiatry,
optometry, and wound care. On-Site Solutions, LLC currently has
arrangements with 13 long term care facilities in Texas in its
growing portfolio totaling roughly 1200 beds.
Forward Looking Statement
This release contains "forward-looking statements" within the
meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E the Securities Exchange Act of 1934, as amended and
such forward-looking statements are made pursuant to the safe
harbor provisions of the Private Securities Litigation Reform Act
of 1995. "Forward-looking statements" describe future expectations,
plans, results, or strategies and are generally preceded by words
such as "may," "future," "plan" or "planned," "will" or "should,"
"expected," "anticipates," "draft," "eventually" or "projected."
You are cautioned that such statements are subject to a multitude
of risks and uncertainties that could cause future circumstances,
events, or results to differ materially from those projected in the
forward-looking statements, including the risks that actual results
may differ materially from those projected in the forward-looking
statements as a result of various factors, and other risks. Supurva
Healthcare Group, LLC is a holdings company with limited experience
in the healthcare industry. At the time of this release Supurva
Healthcare Group, LLC lacks the financial capabilities to meet its
financial obligations and its management expects to dilute the
company's shares to raise the necessary operating capital. Based
upon industry standards Supurva would be considered highly
speculative and lacks any competitive advantage over its
competition. Additional risks you should consider are that this
list is limited and additional risk not mentioned may apply:
failure to meet Supurva's financial and contractual obligations,
Supurva's managerial errors made based upon the Company's limited
experience and knowledge of the industry, commodity risk, acts of
God and regulatory risk. You should consider these factors in
evaluating the forward-looking statements included herein, and not
place undue reliance on such statements.
Contact:
Gerard Danos, Chairman & CEO
gdanos@lighthousepetroleum.com
985-237-3701