Science & Technology
Science and Technology
Science and Technology
Thu, December 16, 2010 Simulated Environment Concepts Enthusiastic About 2011; Plans for Transparency, Additional Contracts, Increased Sales
MIAMI--([ BUSINESS WIRE ])--[ Simulated Environment Concepts ] ([ Pink Sheets:SMEV ]), the manufacturer and developer of medical, aesthetic and wellness equipment, strategically plans for 2011 with New Year sales and distribution agreements already in the pipeline.
"With all of our strategic planning, the success of our International Distribution Arms and ongoing sales, wea™re expecting to fulfill our current 2011 contracts prior to the fourth quarter as domestic and international demand for SpaCapsule continues to grow"
The company is currently working on fulfilling its first run of 2011 pre-orders for its Demark Distributor and is preparing for full production of its French distributora™s first quarter projected sales. Management has stated the company is also engaged in talks with Canadian and Italian distributors as well as a second dealer in Demark.
aWe have some exciting things planned for this upcoming 2011, coincidentally our 11th year in business,a stated [ Dr. Ella Frenkel ], President & CEO of Simulated Environment Concepts, Inc. (SE Concepts). aWith the influx of orders we have received, the value of our international manufacturing and distribution contracts, further penetration into the medical markets, and the franchise opportunities being presented to us, wea™d be remiss not to act accordingly and give our full attention to the efforts of creating and sustaining shareholder value.a
Included on the companya™s agenda for the New Year is to provide greater transparency. Management contends the company is likely significantly undervalued just based on its distribution agreements alone a" [ currently valued at an estimated $15,000,000 ]. As a result, [ SE Concepts ] is in the [ process of retaining a research firm ] to conduct and prepare independent research reports which should demonstrate the companya™s perceived value to the marketplace. The company has also managed its [ current reporting status ] for the past year in preparation to make the transition to a fully-reporting company in 2011. The company will also offer its first public engagement with shareholders either by a shareholder conference call or audio/video address. aWe feel full transparency is key to building shareholder confidence,a concluded Dr. Frenkel.
The company is also scheduled to attend its first convention of the New Year; supporting the expansion of its Middle East markets. aOur [ Dubai distribution team ] will be presenting at the [ Arab Health ] Dubai International Convention in January,a stated [ Dr. Ilya Spivak ], Marketing Director and Co-Inventor of the [ SpaCapsule ]. aWe are preparing a customized unit specifically for the show, to further our market penetration into the Middle East and abroad.a The Arab Health 2011 Show is the Worlda™s largest healthcare exhibit with over 2,700 exhibitors from 60 countries.
aWith all of our strategic planning, the success of our International Distribution Arms and ongoing sales, wea™re expecting to fulfill our current 2011 contracts prior to the fourth quarter as domestic and international demand for SpaCapsule continues to grow,a concluded Dr. Spivak.
About Simulated Environment Concepts, Inc.
Simulated Environment Concepts, Inc. (SE Concepts) (SYMBOL: [ SMEV ]) is an industry leading manufacturer and developer of cutting edge medical, health and wellness equipment.
SE Concepts was established in 2000 by doctors dedicated to advancements in medical technology and aesthetics. Its flagship product, SpaCapsule®, which is currently distributed in over 37 countries, is a robotic massage therapy system used for medical rehabilitation, relaxation, weight loss, cellulite management and general wellness.
For more information on SE Concepts, SpaCapsule®, PTjetCapsulea" and Celude Laboratoriesa" products you can visit the Company's product website at[ www.spacapsule.com ], the corporate website at [ www.seccorporation.com ], the corporate blog at [ http://www.spacapsule.wordpress.com ], facebook at [ http://www.facebook.com/SpaCapsule ] 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 a registered trademark of Simulated Environment Concepts, Inc.
