MTS Medication Technologies, Inc. Announces Update of OnDemand Machine Contract and Fourth Quarter and Fiscal Year-End Conferenc
June 24 2008 - 9:50AM
Business Wire
MTS Medication Technologies, Inc. (AMEX:MPP) (www.mts-mt.com) today
announced that there has been significant progress in the
acceptance of OnDemand machines by its largest customer. During the
past weeks, there have been several additional Express II�s� and an
AccuFlex� machine accepted. Also, other acceptance tests of both
Express II and AccuFlex machines are being concluded and are
expected to result in additional machines continuing to be
accepted. The Company will release its fourth quarter and fiscal
year-end financial results for period ended March 31, 2008 after
the market closes on Monday, June 30, 2008. Management of the
Company will host a conference call on Tuesday, July 1, 2008 at
8:30 AM EDT to discuss the Company�s earnings, financial results
and achievements, which will be followed by a question and answer
session with professional investors. Private investors are
encouraged to e-mail their questions in advance of the conference
call to ir@mts-mt.com or by facsimile to 727-579-8067. To access
the conference call please telephone 888-459-5609 and enter
52522025 for the conference ID number. A digital replay will be
available and may be accessed by visiting the Company�s web site at
www.mts-mt.com. About MTS Medication Technologies Founded in 1984,
MTS Medication Technologies (www.mts-mt.com) is an international
provider of medication compliance packaging systems designed to
improve medication dispensing and administration. MTS manufactures
automated packaging machines and related consumables for
prescription medications and nutritional supplements. The Company
serves more than 8,000 pharmacies worldwide. This press release
contains forward-looking information made pursuant to the safe
harbor provisions of the Private Securities Litigation Reform Act
of 1995. These forward-looking statements may be affected by
certain risks and uncertainties described in the Company�s filings
with the Securities and Exchange Commission (SEC) and actual
results could differ materially from those set forth in
forward-looking statements. Statements contained herein that are
not historical facts are forward-looking statements and may
include, but are not limited to, projections of revenue, income or
losses, the value of contracts, capital expenditures, plans for
future operations, the elimination of losses under certain
programs, financing needs or plans, compliance with financial
covenants in loan agreements, plans for sale of assets or
businesses, plans relating to products or services of the Company,
assessments of materiality, predictions of future events and the
effects of pending and possible litigation, as well as assumptions
relating to the foregoing. Other factors that could affect such
differences include, but are not limited to, unanticipated
increases in operating costs, labor disputes, capital requirements,
increases in borrowing costs, product demand, pricing, market
acceptance, intellectual property rights and litigation, risks in
product and technology development and other risk factors detailed
in the Company�s SEC filings. All statements regarding the
marketing program resulting in increased sales are forward looking
statements. Readers are cautioned not to place undue reliance on
any forward-looking statements. The Company undertakes no
obligation to publicly release the result of any revisions of these
forward-looking statements that may be made to reflect events or
circumstances after the date hereof or to reflect the occurrence of
unexpected events.
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