Simulated Environment Concepts Prepares to Fulfill Expanding Production Schedule - Major Cost Reduction to Manufacturing
September 14 2010 - 6:30AM
Marketwired
Simulated Environment Concepts (PINKSHEETS: SMEV), makers of the
high pressurized dry water massage and relaxation station
SpaCapsule, announced that its long anticipated plans of making an
investment into the production process, both reducing the cost of
manufacturing considerably and dramatically strengthening the
company's cash flow and profitability, may likely come to fruition
within the next few weeks.
"This will be an important benchmark for us," said Dr. Ella
Frenkel, Chairman and CEO of Simulated Environment Concepts, Inc.
(SE Concepts). "With a retail price tag north of $25k, if the cost
of manufacturing the Spa Capsule was greatly lowered, profit
margins could soar."
SE Concepts says this investment in reducing manufacturing cost,
dubbed the "Production Reduction Loan" or "PRL," is not a newfound
idea. Over the past six years of SE Concepts' 10 year history, the
company has managed to generate a couple of million dollars yearly
on average. However, in years past, between production cost and
marketing expenses, the company was left to operate on tight profit
margins which hampered its ability to grow. Looking forward, the
PRL could contribute significantly to increased profit margins --
supporting evident growth potential and global expansion.
Dr. Ilya Spivak, Marketing Director and co-inventor of the
SpaCapsule stated, "We've searched for the best method of reducing
production cost for years. Now that we've identified new
techniques, we intend to exploit this discovery. We will reduce
cost while building a better product and improving our level of
service."
There could not be a better time for SE Concepts to make this
move. Already having nearly 500 units of the Spa Capsule currently
contracted for delivery worldwide, with new orders, sales and
distribution contracts occurring regularly, SE Concepts is primed
for a rapid growth spurt over the next few years.
About Simulated Environment Concepts, Inc.
Simulated Environment Concepts, Inc. is the developer of a
variety of products for wellness, relaxation, weight loss, and
rehabilitation. Our aqua massage and hydromassage products are used
by Doctors, Gyms, Spas, retail locations, offices, and many other
venues. Incorporating oxygen, aromatherapy, massage, and even music
or video from an iPod or an iPhone, our products deliver consistent
results and excellent earning potential for businesses. For more
information on Simulated Environment Concepts and its flagship
product, SpaCapsule®, PTjetCapsule™, and Celude Laboratories™
products you can visit the company's product website at
www.spacapsule.com, the corporate website at
www.seccorporation.com, or request more information via email at
ir@spacapsule.com, or call at (888) 757-0797 or (305) 651-9200.
Safe Harbor
Statements in this news release that are not historical facts,
including statements about plans and expectations regarding
products and opportunities, demand and acceptance of new or
existing products, capital resources and future financial results
are forward-looking. Forward-looking statements involve risks and
uncertainties which may cause the Company's actual results in
future periods to differ materially from those expressed. These
uncertainties and risks include changing consumer preferences, lack
of success of new products, loss of the Company's customers,
competition and other factors discussed from time to time in the
Company's filings with the Securities and Exchange Commission.
SpaCapsule is registered trademark of Simulated Environment
Concepts, Inc.
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For further information, contact: At The Company: Simulated
Environment Concepts Investor Relations Department (888)
757-0797
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