SOURCE: Inverted Paradigms Corp.

June 12, 2007 08:00 ET

Inverted Paradigms Corp. Signs Agreement to Acquire Medical Services Company

ORLANDO, FL--(Marketwire - June 12, 2007) - Inverted Paradigms Corp. (PINKSHEETS: IVPC) announced today that it has signed a letter of intent to acquire First Link Medical, LLC, a Florida limited liability company based in Largo, Florida.

"This first acquisition of a medical services company is part of our corporate growth and diversification strategy," commented Steven Weldon, CEO of Inverted. "The deal should be final in about ninety days."

Weldon continued, "With this acquisition, we will build our corporate structure while adding revenue and financial diversification. It's just a very positive move forward for our business and our stockholders."

First Link Medical, LLC provides state-of-the-art laboratory and medical testing services direct to the general public. First Link was formed to empower people to take the earliest preventive action against severe health problems and disease. Also, First Link provides high volume medical testing for annual team physicals and follow-up visits for new incoming athletes of professional and college sports teams.

The president of First Link Medical, Mary Jo Henderson, commented about the impending merger, "We visualize a future where informed health care consumers will choose early detection, prevention and wellness over crisis-driven medical care. This merger will help us to obtain this goal."

About Inverted Paradigms Corp. -- Inverted Paradigms Corporation, a Delaware corporation, is focused on strategic acquisitions that will build shareholder value. These acquisitions would display profitability, strong revenue growth and positive cash flow.

Safe Harbor Statement

All statements, other than statements of historical fact, included in this press release are forward-looking statements within the meaning of the private securities Litigation Reform Act of 1995. The forward-looking statements, including statements about the company's future expectations, including future revenues and earnings, and all other forward-looking statements (i.e., future operational results and sales) are subject to assumptions and beliefs based on current information known to the company and factors that are subject to uncertainties, risk and other influences, which are outside the company's control, and may yield results differing materially from those anticipated. The Company makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors but they include and are not limited to the existence of underground deposits of commercial quantities of oil and gas; cessation or delays in exploration opportunities being fewer than currently anticipated. Factors which could cause actual results to differ materially from those estimated by the Company include, but are not limited to, government regulation, managing and maintaining growth, the effect of adverse publicity, litigation, competition and other factors which may be identified from time to time in the Company's public announcements and filings.

Contact Information

  • Contact:
    Chris Trina
    Director of Corporate Finance
    813-277-4558