Remedent, Inc. Announces Exclusive Distribution Agreement with Pob Eak Pro Dent Co., Ltd., Thailand for the Introduction of Glam
March 31 2008 - 8:00AM
Business Wire
Remedent, Inc. (OTCBB: REMI), an international company specializing
in the research, development, manufacturing of oral care and
cosmetic dentistry products, today announced that it has signed Pob
Eak Pro Dent Co., Ltd. (�Pob Eak�), a Thailand-based corporation to
act as Glamsmile�s sole selective distributor in Thailand and the
surrounding regions (�the Territories�) of Glamsmile� veneers, a
revolutionary cosmetic dental system that substantially expands the
consumer and professional dental market for veneers. Pob Eak agreed
to a significant initial deposit upon signing the agreement and
also committed to a purchase a substantial minimum number of veneer
trays annually, whose value exceeds six figure Euros, that is
representative of the market potential of the territory. In order
to maintain its sole selective distributorship, the agreement also
calls for incremental yearly Glamsmile veneer tray purchases of a
minimum of 15%. Mr. Guy De Vreese, Chairman of Remedent, noted,
�Thailand and the surrounding region is the fourth announced
international market opportunity for Remedent and indicative of the
world-wide acceptance and opportunity that Glamsmile veneers
represents. Dental product distributors are increasingly aware that
Glamsmile veneers offer a unique and attractive alternative to
traditional veneers, both from a cost basis, ease of application
and, most importantly, from the standpoint of the ultimate
customer�s satisfaction. We have found that our success to date in
establishing exclusive distribution agreements has opened up many
additional distribution opportunities as word of the benefits of
Glamsmile have spread. We have just touched the surface of the
potential distribution network and we are aggressively expanding
our marketing to establish Glamsmile as �the� preferred alternative
to standard veneers. We anticipate additional agreements to be
signed shortly.� About Remedent, Inc. Remedent, Inc., a
publicly-traded company on the OTCBB, specializes in the research,
development, manufacturing and marketing of oral care and cosmetic
dentistry products. With offices in California, Belgium and
Singapore, Remedent distributes its products in more than 35
countries. For additional information, visit Remedent's web site at
www.remedent.com. FORWARD-LOOKING STATEMENTS �Safe Harbor�
Statement under the Private Securities Litigation Reform Act of
1995: The statements by Guy De Vreese, the statements regarding
growth of the GlamsmileTM product line, optimism related to the
business, expanding sales, the German market�and other statements
in this press release are forward-looking statements within the
meaning of the Securities Litigation Reform Act of 1995. Such
statements are based on current expectations, estimates and
projections about the Company�s business. Words such as expects,
anticipates, intends, plans, believes, sees, estimates and
variations of such words and similar expressions are intended to
identify such forward-looking statements. These statements are not
guarantees of future performance and involve certain risks and
uncertainties that are difficult to predict. Actual results could
vary materially from the description contained herein due to many
factors including continued market acceptance of the Company�s
products. In addition, actual results could vary materially based
on changes or slower growth in the oral care and cosmetic dentistry
products market; the potential inability to realize expected
benefits and synergies; domestic and international business and
economic conditions; changes in the dental industry; unexpected
difficulties in penetrating the oral care and cosmetic dentistry
products market; changes in customer demand or ordering patterns;
changes in the competitive environment including pricing pressures
or technological changes; technological advances; shortages of
manufacturing capacity; future production variables impacting
excess inventory and other risk factors listed from time to time in
the Company�s Securities and Exchange Commission filings under
�risk factors� and elsewhere. The forward-looking statements
contained in this press release speak only as of the date on which
they are made, and the Company does not undertake any obligation to
update any forward-looking statement to reflect events or
circumstances after the date of this press release.
Elysee Development (PK) (USOTC:ASXSF)
Historical Stock Chart
From Jun 2024 to Jul 2024
Elysee Development (PK) (USOTC:ASXSF)
Historical Stock Chart
From Jul 2023 to Jul 2024
Real-Time news about Elysee Development Corp (PK) (OTCMarkets): 0 recent articles
More Remedent, Inc. News Articles