WellTek Subsidiary Unveils Platform for Integrating Network Marketing With Social Network
July 13 2010 - 3:00PM
Marketwired
WellCity, Inc. (http://www.wellcity.com), a wellness-related social
network and subsidiary of WellTek, Inc. (OTCBB: WTKN), today
unveiled WellCity Market™, its network marketing platform, calling
all consumers and network marketers to be one of the first to join
this ground-breaking opportunity to create optimum health and
long-term wealth by getting social inside WellCity.
"Until now, social network users have had no way to leverage
their personal network as a direct income opportunity. Today, we've
changed that," said David George, CEO of WellCity. "We are the
first social network to offer actual money to its users. With the
integration of WellCity Market, our WellCity 'residents' have an
unprecedented opportunity to help others achieve optimal health,
while they earn income from the purchases made by their network of
family and friends or 'neighbors.' It's a simple idea: users get
paid every time their 'neighbors' make a purchase inside WellCity
Market."
WellCity Market offers a breadth of natural products to help
others live a more enriched life physically, spiritually and
financially. The technology of online social networking provides
the single most effective medium today for creating long-term
wealth and for teaching people about new products and services that
help people feel better, lose weight, prevent disease and become
younger and stronger even as people grow older.
According to world-renowned economist Paul Zane Pilzer, the
emerging Wellness Industry has quickly become the hottest trend in
the world today and it is predicted to reach $1 trillion by 2012.
Furthermore, according to Direct Selling News, well over $70
billion dollars in revenue was generated in 2009 by the top 100
network marketing companies. "The convergence of the Wellness
Industry with Network Marketing and Social Networking provides an
extraordinary opportunity for our residents in WellCity, as well
our shareholders; we are creating the perfect storm of
opportunity," said Randy Lubinsky, Chairman and CEO of WellTek.
"It's comparable to merging Amway with Facebook."
About WellCity Incorporated WellCity is a
social utility where health- and wellness-minded 'residents' can
closely commune with one another; receive support, information and
encouragement from their 'neighbors' and from a league of leading
professional experts; shop for health and wellness-oriented product
and services; compete in WellCity's proprietary 90-Day Wellness Challenge; and even enjoy income
opportunities by leveraging their personal network. For more
information on the Company, please visit www.WellCity.com.
About WellTek Incorporated WellTek is a
global health, fitness and wellness company that provides proven
solutions to help address some of the world's most pressing and
costly health and wellness challenges. The Company owns and
operates WellCity, Inc., a premiere wellness-related social utility
that helps 'residents' live happier, healthier, longer lives. The
Company's subsidiary, MedX Limited, manufactures, markets and
distributes the most advanced medical exercise equipment to the
medical and fitness markets. Through its wholly owned subsidiary
Pure HealthyBack, Inc., WellTek is redefining healthcare delivery
by providing health plans, self-insured employer groups, and
consumers with a viable non-surgical, lower cost treatment for
patients who are seeking lasting relief from chronic neck and back
pain. For more information on the Company, please visit
www.WellTekinc.com.
Certain statements contained in this press release, which are
not based on historical facts, are forward-looking statements as
the term is defined in the Private Securities Litigation Reform Act
of 1995, and are subject to substantial uncertainties and risks in
part detailed in the respective Company's Securities and Exchange
Commission filings, that may cause actual results to materially
differ from projections. Although the Company believes that its
expectations are reasonable assumptions within the bounds of its
knowledge of its businesses, expectations, representations and
operations, there can be no assurance that actual results will not
differ materially from their expectations. Important factors
currently known to management that could cause actual results to
differ materially from those in forward-looking statements include
the Company's ability to execute properly its business model, to
raise additional capital to implement its continuing business
model, the ability to attract and retain personnel -- including
highly qualified executives, management and operational personnel,
ability to negotiate favorable future debt facilities and capital
raises, and the inherent risk associated with a diversified
business to achieve and maintain positive cash flow and net
profitability. In light of these risks and uncertainties, there can
be no assurance that the forward-looking information contained in
this press release will, in fact, occur.
FOR MORE INFORMATION, PLEASE CONTACT: Legacy Marketing Group
Roxie Mooney President & CEO (Twitter:
roxiemooney) 407-575-3220 or via email at
roxie38@gmail.com
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