Simulated Environment Concepts Enthusiastic About 2011; Plans for Transparency, Additional Contracts, Increased Sales
16 12월 2010 - 9:30PM
Business Wire
Simulated Environment Concepts (Pink Sheets:SMEV), the
manufacturer and developer of medical, aesthetic and wellness
equipment, strategically plans for 2011 with New Year sales and
distribution agreements already in the pipeline.
The company is currently working on fulfilling its first run of
2011 pre-orders for its Demark Distributor and is preparing for
full production of its French distributor’s first quarter projected
sales. Management has stated the company is also engaged in talks
with Canadian and Italian distributors as well as a second dealer
in Demark.
“We have some exciting things planned for this upcoming 2011,
coincidentally our 11th year in business,” stated Dr. Ella Frenkel,
President & CEO of Simulated Environment Concepts, Inc. (SE
Concepts). “With the influx of orders we have received, the value
of our international manufacturing and distribution contracts,
further penetration into the medical markets, and the franchise
opportunities being presented to us, we’d be remiss not to act
accordingly and give our full attention to the efforts of creating
and sustaining shareholder value.”
Included on the company’s agenda for the New Year is to provide
greater transparency. Management contends the company is likely
significantly undervalued just based on its distribution agreements
alone – currently valued at an estimated $15,000,000. As a result,
SE Concepts is in the process of retaining a research firm to
conduct and prepare independent research reports which should
demonstrate the company’s perceived value to the marketplace. The
company has also managed its current reporting status for the past
year in preparation to make the transition to a fully-reporting
company in 2011. The company will also offer its first public
engagement with shareholders either by a shareholder conference
call or audio/video address. “We feel full transparency is key to
building shareholder confidence,” concluded Dr. Frenkel.
The company is also scheduled to attend its first convention of
the New Year; supporting the expansion of its Middle East markets.
“Our Dubai distribution team will be presenting at the Arab Health
Dubai International Convention in January,” stated Dr. Ilya Spivak,
Marketing Director and Co-Inventor of the SpaCapsule. “We are
preparing a customized unit specifically for the show, to further
our market penetration into the Middle East and abroad.” The Arab
Health 2011 Show is the World’s largest healthcare exhibit with
over 2,700 exhibitors from 60 countries.
“With all of our strategic planning, the success of our
International Distribution Arms and ongoing sales, we’re expecting
to fulfill our current 2011 contracts prior to the fourth quarter
as domestic and international demand for SpaCapsule continues to
grow,” concluded Dr. Spivak.
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.
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, cellulite management and
general wellness.
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.
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.
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