TRDX's New Pharmaceutical Distribution Division Books Revenue From Earlier Than Expected Sales
March 22 2011 - 8:00AM
Marketwired
SciMeDent Health, Corp. f/k/a Trend Exploration, Inc. (PINKSHEETS:
TRDX) is pleased to announce that Preferred Distribution, Inc.
("Preferred"), its medical/dental supply distribution subsidiary,
has received payment from its recently generated purchase orders
from its new pharmaceutical distribution division. These booked
sales have generated revenue on an earlier than expected timeframe.
Dr. Jan Stahl, CEO of TRDX, stated, "We are pleased with the
initial sales for our new pharmaceutical division. We look forward
to our official launch of this new division in the second quarter
and further growth in Preferred's revenue."
The pharmaceutical wholesale sector is one of the fastest sales
generators in the world. IMS Health reported that the size of the
global market for pharmaceuticals is expected to grow nearly $300
billion over the next five years, reaching $1.1 trillion in
2014.
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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