SOURCE: AcuMedSpa Holdings, Inc.

April 23, 2010 09:15 ET

Acumedspa Holdings, Inc. Announces Signing of Agreement to Develop the European Market

TAMARAC, FL--(Marketwire - April 23, 2010) -   AcuMedSpa Holdings, Inc. (PINKSHEETS: AMSZ), a provider of Medical Aesthetic, Spa and Acupuncture services, has signed an agreement with a group of European investors who will be investing the initial startup capital requirements needed. It is anticipated that AcuMedSpa Europe will be opening 3-4 stand alone locations in 2010 in and around Warsaw, Poland.

Brian Sperber, President of AcuMedSpa, stated, "Joining forces with proven and experienced European business professionals to develop the European Market is a project we have been in discussions to develop for over 1 year and it is with great joy that we share this news with you. We plan on travelling to Europe and selecting the initial locations for AcuMedSpa Europe in early May prior to our attending the Global Spa Summit in Istanbul, Turkey on May 17-19."

Greg Antoine, Treasurer of AcuMedSpa, stated, "This development has been a major goal for AcuMedSpa, marking our first international efforts. We believe that Poland is a great launching pad from which to expand into the European market. The Polish consumers desire to become 'westernized' was a key point for us in selecting Warsaw and this group."

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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

  • Contacts:
    Brian Sperber