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United Treatment Centers, Inc. Resolves Trademark Lawsuit



2/17/2011 8:34:32 AM

NEW YORK, NY--(Marketwire - February 17, 2011) -

United Treatment Centers, Inc. (PINKSHEETS: UTRM), the developer and marketer of a new innovative Waterless Toothbrush, announced today that the company has resolved a trademark lawsuit with GlaxoSmithKline LLC (NYSE: GSK). The mutually acceptable terms, that are not publicly disclosed in full at the request of both companies, include a change of name for the toothbrush previously branded AQUAFREE.

This press release may contain forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. In some cases you can identify those so-called "forward looking statements" by words such as "may," "will," "should," "expects," "plans," "targets," "believes," "anticipates," "estimates," "predicts," "potential," or "continue" or the negative of those words and other comparable words. These forward looking statements are subject to risks and uncertainties, product tests, commercialization risks, availability of financing and results of financing efforts that could cause actual results to differ materially from historical results or those anticipated. Further information regarding these and other risks is described from time to time in the Company's filings with the SEC, which are available on its website at: http://www.sec.gov. We assume no obligation to update or alter our forward-looking statements made in this release or in any periodic report filed by us under the Securities Exchange Act of 1934, as amended, or any other document, whether as a result of new information, future events or otherwise, except as otherwise required by applicable federal securities laws.


CONTACT:
Investor Relations at United Treatment Centers, Inc.
718-777-0752


Read at BioSpace.com


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