SOMERSET, N.J., Oct. 15 /PRNewswire-FirstCall/ -- Advanced Wound Technologies-MidAtlantic, Inc. (“AWT”) (“the Company”) announced that as part of its Corporate Growth Strategy, the company intends to apply for listing on the Over-The-Counter Bulletin Board in 2007.
A listing on the OTC: BB should provide the company greater liquidity, increased access to capital markets, increased exposure of AWTM common stock, and greater transparency for shareholders. As AWT continues to execute its growth strategy for 2007 and 2008, management believes the Company is well positioned to become a leader in specialized equipment for the wound care segment of healthcare.
CEO Christopher J. Neill commented, “As expected, the move from the Pink Sheets to the Over-The-Counter Bulletin Board can be a demanding undertaking, but we’re committed to the objective of creating additional value for our shareholders. With an aggressive acquisition and roll-up plan already in place, and our expansion operations at increased levels from 2006, we feel that the time is right for our company to begin the process of registering for listing on the OTCBB. We continue to thank our shareholders for their support.”
About AWT, Inc:
AWT, Inc., with Distribution centers in the USA and Saudi Arabia, is a rapidly expanding durable medical equipment and supply company. It distributes state-of-the-art medical equipment, as well as general supplies, to the healthcare industry.
AWT, Inc. is committed to traditional personal service in healthcare and cost efficiencies for clients, providing superior service and products to the healthcare world at the lowest possible price. It is equally committed to always exceeding customer expectations and to increasing shareholder value.
Safe Harbor Statement:
Safe Harbor Statement: The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking information made on the company’s behalf. This press release contains forward-looking statements. The words or phrases “may,” “intends,” “expects,” “estimate,” “indicate,” “plans,” “anticipates,” “could,” “if,” “will,” “should” or similar expressions are intended to identify “forward-looking statements.” Such statements include those concerning our expected financial performance, our corporate strategy and operational plans. Actual results could differ materially from those projected in the forward-looking statements as a result of a number of risks and uncertainties, including: (a) our ability to obtain financing in a timely manner and on terms favorable to us, (b) our ability to completely develop our business model, (c) the amount and timing of operating costs and capital expenditures relating to the expansion of our business, (d) the successful implementation of marketing programs directed to potential customers, (e) the ability to identify, negotiate, secure, fund and close potential acquisitions, (f) the ability to identify and enter into favorable strategic alliances; (g) the marketing and sales efforts of our competitors; (h) changes in various sectors that affect our industry and (i) general economic conditions. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. AWT cautions readers not to place undue reliance on such statements. Unless otherwise required by applicable law, AWT does not undertake, and AWT specifically disclaims any obligation to update any forward-looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such statement.
CONTACT: Christopher J. Neill of AWT, Inc., +1-732-246-2330,
info@awtmid.com
Web site: http://www.awtmid.com/
