TORONTO, Jan. 20 /PRNewswire-FirstCall/ -- MedCap Corporation (Pinksheets: MPCPF) is pleased to announce that it has signed three contracts with three new distributors in Southeast Asia. The new distributors must sell greater than $250,000 USD in products in the first year and $400,000USD in the second year to maintain the distributorship. In the third year there must be a minimum increase of 20% sales to maintain the contract and to get a three year extension.
The announcement related to the Syphilis test kit was well received. The Company has already received several orders for the Syphilis kit.
MedCap trades in the United States on the Pinksheets under the symbol "MPCPF". For further information please contact Cazgeld Capital Corporation at (416) 363 0070 or http://www.medccorp.com/ .
NOTE: This release may contain forward-looking statements that involve uncertainties and risks. Actual results may differ materially from any results predicted. Medcap undertakes no obligation to release publicly any revisions to forward-looking statements to reflect events of circumstances after the date hearof.
CONTACT: Cazeld Capital Corporation, +1-416-363 0070