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Miracle Applications Corp. Announces Good Standing and Future Business Goals

^{Published on 2010-11-09 13:36:44 - Market Wire}
 

WEST PALM BEACH, Fla.--([ BUSINESS WIRE ])--Miracle Applications Corp. (Pink Sheets: MIRA):

In connection with the recent recomposition of the officers and board members, and the change in focus of the company, the Company anticipates changing the name of the company to fit its current business model.

The Company intends on bringing additional products to the public which improve the health of consumers. One of these products is a mattress overlay believed to improve sleep and reduces pain. This product already has celebrity endorsements, and the Company plans to launch this product through direct sales and infomercials, with intentions to go to retail. Mr. Todd believes this product is needed because studies suggest that chronic sleeping problems afflict as many as 70 million Americans, costing the nation billions in medical expenses, accidents and lost productivity. As many as 30 million Americans, more than one in 10, suffers specifically from chronic insomnia, according to the study released by the Institute of Medicine, an arm of the National Academy of Sciences.

Safe Harbor Statement

The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "explores," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, and various other factors beyond the Company's control.