AMT: ''Power Broker'' to the Global Dental Market -- Continues Shift in Business Strategy
April 19 2007 - 12:22PM
Business Wire
American Medical Technologies, Inc. ("AMT") (OTCBB:ADLI) � American
Medical Technologies, the leading provider of market-expansion and
sales growth services for dealers and distributors in the global
dental industry, is successfully continuing its gradual shift in
business strategy. AMT is transitioning from an overhead-intense
manufacturing model to a lean, revenue-maximizing broker of global
dental products. This transition will continue over the next two
quarters and is anticipated to substantially increase revenue while
simultaneously providing the company significant savings of
hundreds of thousands of dollars in overhead costs. By switching to
this sales-focused business model, AMT has positioned itself as the
critical link between manufacturers of innovative dental products
and the global dealers and distributors who sell these highly
desired items. Utilizing a global �hub-and-spoke� distribution
system, AMT will have the capability to rapidly and efficiently
introduce dental products to markets all over the world. Over the
past six months AMT has expanded its dental distribution network to
include 75 countries through their vast dental distribution
federation. AMT is currently in negotiations with several
manufacturers and anticipates introducing new products to its
global brokering network in the coming months. This new approach
has already received enthusiastic support from AMT�s global hub
partners and distributors. �Our partnership with AMT is enabling us
to introduce and sell products into markets where we were unable to
penetrate previously,� says Jos Overmeer, President of
ContrastEurope in the Netherlands. �We are very excited that AMT is
providing us with the marketing support and global experience
needed to help us fulfill our customers� needs around the world.�
�AMT�s new role as a dental �power broker� is bridging the gap
between dental manufacturers and global end-users,� says Judd D.
Hoffman, President and CEO of AMT. �With our increasing revenue and
declining overhead costs, we are in an excellent position to
provide on-going value and growth to our shareholders.� About AMT:
American Medical Technologies, Inc., headquartered in Corpus
Christi, Texas, with satellite offices in Los Angeles, markets and
sells unique dental products to the dental community through its
established global federation of dealers and distributors. AMT�s
premier products, Contrast AM and Contrast PM, a professional tooth
whitening product line, delivers excellent whitening results at low
costs. AMT was incorporated in Delaware in November 1989 and
completed its initial public offering in June 1991. AMT changed its
name from American Dental Technologies, Inc. on July 13, 2000. The
Company makes forward-looking statements in this press release and
in its filings with the Securities and Exchange Commission. The
Company's forward-looking statements are subject to risks and
uncertainties and include information about its expectations and
possible or assumed future results of operations. When the Company
uses any of the words "believes," "expects," "anticipates,"
"estimates," or similar expressions, it is making forward-looking
statements. AMT's actual results, performance or achievements could
differ materially from the results expressed in, or implied by
these forward-looking statements. For more detailed information
relating to the risks and uncertainties pertaining to these
forward-looking statements, the reader is referred to the
"risk-factor" section in AMT's form 10KSB and other related
documents filed with the Securities and Exchange Commission.
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