SOURCE: AcuMedSpa Holdings Inc.

March 31, 2010 16:00 ET

AcuMedSpa Holdings, Inc. Announces 2009 Revenues of $2,168,236

TAMARAC, FL--(Marketwire - March 31, 2010) - AcuMedSpa Holdings, Inc. (PINKSHEETS: AMSZ), a provider of Medical Aesthetic, Spa and Acupuncture services, is pleased to announce their preliminary results for fiscal year 2009. The company had $2,168,236 in revenue, an increase of over 17% from 2008 with a net income of $(18,891).

Brian Sperber, President of AcuMedSpa, provided the following statement, "We are proud to share these initial results with our shareholders as we begin providing increasing transparency to market over the next several months. I would also like to take this opportunity to state that our Revenue and Net Income goals for fiscal year 2010 are projected to be as follows; $10,000,000 in Revenue with approximately +$2,000,000 in Net Income."

"Providing these preliminary 2009 results to OTC Markets, Inc. (formerly reflects on our overall objective of maximizing shareholder value in as transparent a manner as possible, as we begin implementing the next stages of our multi-year growth phase by expanding our organic footprint in the United States along with strategic acquisitions."

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This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements as a result of various factors, and other risks. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and AcuMedSpa Holdings. Inc takes no obligation to update such statements

Contact Information

  • Contact:
    Brian Sperber