Therma-Med, Inc. Announces Corporate Update
March 23 2010 - 8:33AM
Marketwired
After several weeks of careful consideration and analysis of
clinical procedures and financials, Therma-Med, Inc. (PINKSHEETS:
THRA) has chosen to withdraw from negotiation discussions in
regards to the most recent potential acquisition of a 'Southern
Ontario' wellness Clinic. The company's executive staff has
concluded that an investment into this particular clinic would not
be in their best financial interest at this time, and would prefer
to dedicate their efforts in continuing to offer their medical
support services to other more suitable wellness clinics. The
company remains focused on seeking out and acquiring successful
wellness clinics that will serve as a conduit to providing the
breakthrough wellness procedures and services that Therma-Med, Inc.
continues to bring to the forefront of the industry. The company is
very excited about its recent acquisition of the 'Bella Vita
Clinic' as it provides the company with an instant revenue stream
as well as an opportunity to offer the DITI (Digital Infrared
Thermal Imaging) services to an existing patient base.
In addition, Therma-Med, Inc. continues on-course with plans to
make their wellness products available through on-line purchasing.
The logistics are in place to add this e-commerce segment to the
functionality of the website and should be in operation by the end
of the month, allowing for a streamlined ordering process for both
patients and professionals in the industry.
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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