MIAMI, July 5, 2011 /PRNewswire/ -- Simulated
Environment Concepts (SMEV.PK), the manufacturer and developer of
medical, aesthetic, weight loss, wellness, and slimming equipment,
announced today that the Company expects an analyst research report
to be released within the next five business days.
Allen Licht, Chief Operating Officer of Simulated Environment
Concepts (SE Concepts) stated, "We received word from Grass Roots
Research that an analytical reporting on our company will likely be
available for release within the week. While we aspire to be
on the 'watch list' of many financial analysts, this first report
is the advent of serious analytical assessment of our great company
as the completion of the SMEV audit is clearly eminent. This
report is just the first of many I'm sure, yet, it shall
nonetheless prove very valuable to our current and prospective
shareholders."
Management believes this research report will not only provide
additional transparency, but foreshadow what tremendous value the
next two quarters may hold for SE Concepts; particularly after
completion of the audit and anticipated up-listing. Combine
this with management's reports of continuous sales increase and
ongoing market expansion, growth opportunities may be endless.
This [growth opportunities] may certainly be reflected in the
company's decision to re-establish its domestic sales force.
Dr. Ilya Spivak, Marketing Director and Co-Founder of SE
Concepts stated, "Initially, at the behest of our lead consultant,
we focused our attention toward distributorships within the
international market as a means to stabilize revenues and thwart
the U.S. recession. The unexpected growth fueled by this
decision has not only opened us up to new sales opportunities
globally but has rekindled domestic demand quite considerably.
Luckily, this domestic demand comes during a time where
financing options for U.S. vendors and other interested domestic
purchasers of the SpaCapsule, is becoming readily available once
again as the economy strengthens."
The company plans to immediately begin a cost effective domestic
sales program employing completely independent sales associates.
Management indicates this method controls cost and will
encourage sales reps to procure hefty purchase orders – possibly
securing sales to big corporations such as Google, fitness
franchises like Bally Fitness and professional athletic leagues
such as the NHL.
Mr. Licht concluded, "As we reduce production cost, domestic
sales of the SpaCapsule will help to substantially increase
profitability. With approximately 900 units contracted for
purchase through our international distributorships, we are
confident we can surpass that same twenty-seven million dollar revenue potential
from international sales, domestically, within the next twenty-four
months."
With recent U.S. sales to announce, the company seems to be well
on its way.
About Simulated Environment Concepts, Inc.
Simulated Environment Concepts, Inc. (SE Concepts) (SYMBOL:
SMEV) is an industry leading manufacturer and developer of cutting
edge medical, health and wellness equipment promoting relaxation,
physical rehabilitation, weight loss, slimming and cellulite
reduction.
SE Concepts was established in 2000 by doctors dedicated to
advancements in medical technology and aesthetics. Its
flagship product, SpaCapsule®, which is currently distributed in
over 37 countries, is a robotic massage therapy system used for
medical rehabilitation, relaxation, weight loss, slimming,
cellulite management and general wellness.
Safe Harbor
Statements in this news release that are not historical facts,
including statements about plans and expectations regarding
products and opportunities, demand and acceptance of new or
existing products, capital resources and future financial results
are forward-looking. Forward-looking statements involve risks and
uncertainties which may cause the Company's actual results in
future periods to differ materially from those expressed. These
uncertainties and risks include changing consumer preferences, lack
of success of new products, loss of the Company's customers,
competition and other factors discussed from time to time in the
Company's filings with the Securities and Exchange Commission.
SpaCapsule is a registered trademark of Simulated Environment
Concepts, Inc.
For more information on SE Concepts, SpaCapsule®, PTjetCapsule™
and Celude Laboratories™ products you can visit the company's
product website at www.spacapsule.com, the corporate website
at www.seccorporation.com, the corporate blog at
http://www.spacapsule.wordpress.com, Facebook at
http://www.facebook.com/SpaCapsule or request more information via
email at ir@spacapsule.com, or call at (888) 757-0797 or (305)
651-9200.
Contact:
Simulated Environment Concepts
Investor Relations Department
(888) 757-0797
SOURCE Simulated Environment Concepts