TRDX's New Pharmaceutical Distribution Division Now Generating Purchase Orders
March 09 2011 - 3:15PM
Marketwired
SciMeDent Health, Corp. f/k/a Trend Exploration, Inc. (PINKSHEETS:
TRDX) is pleased to announce that Preferred Distribution, Inc.
("Preferred"), its medical/dental supplies distribution subsidiary,
has recently generated purchase orders from its new pharmaceutical
distribution division. The first stream of purchase orders are
being filled under its Florida out of state wholesaler of
pharmaceuticals license.
Dr. Jan Stahl, CEO of TRDX, commented, "We are happy with the
progress of this new division. The pharmaceutical wholesale sector
is one of the fastest sales generators in the world. IMS Health
reported that the size of the global market for pharmaceuticals is
expected to grow nearly $300 billion over the next five years,
reaching $1.1 trillion in 2014."
Mr. Stahl further stated, "This growth and demand falls in line
with what our new pharmaceutical division is experiencing. We have
already received approvals from two large pharmaceutical
wholesalers and have now begun receiving purchase orders. We
anticipate a continued increase in purchase orders and remain
confident on achieving $1.25 million in total sales from Preferred
for year end 2011. This is a 25% year over year increase from 2010.
Accelerated growth is again projected for year end 2012 as existing
sales increase and contracts with new pharmaceutical wholesalers
are signed."
About SCIMEDENT f/k/a Trend Exploration,
Inc. (PINKSHEETS: TRDX)
SciMeDent (www.scimedenthealth.com) is a company focused on
being a leading developer and marketer of products and services for
medicine, dentistry and life sciences. SciMeDent plans to achieve
growth initially through mergers and acquisitions.
About Preferred Distribution, Inc.
Preferred Distribution, Inc. is a wholly owned subsidiary of
SciMeDent. Preferred's goal is to supply the medical, dental and
veterinary community with quality products at the lowest possible
prices. Preferred prides itself on providing professional sales
staff who are courteous, knowledgeable and dedicated to saving you
time and money for your practice. Since 1987 Preferred has been
serving the needs of professionals throughout the country.
Preferred's dental products division is marketed through its
website, www.preferreddist.com.
Cautionary Statement Regarding Forward-Looking Statements
A number of statements contained in this press release are
forward-looking statements. These forward-looking statements
involve a number of risks and uncertainties, including the
sufficiency of existing capital resources, technological or
industry changes and uncertainties related to the development of
the Company's business model. The actual results the Company may
achieve could differ materially from any forward-looking statements
due to such risks and uncertainties.
Contact: Cadence Consulting, LLC. Dan Myers 1-866-383-1374
dmyers@cadenceconsultingllc.com
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