SOURCE: MACADA HOLDING, INC.

September 18, 2009 10:09 ET

Macada Holding, Inc. Announces It Has Signed an Exclusive Territory Agreement With K-World Trade

FORT LAUDERDALE, FL--(Marketwire - September 18, 2009) - Macada Holding, Inc. (PINKSHEETS: MCDA) announces its subsidiary LyfeTec, Inc. has signed an exclusive territory agreement for the Central Republic of Africa with the company K-World trade with Prince Ketcha whose company specializes in all medical equipment/supplies with and for government support in Douala, Cameroon, Africa.

Prince Ketcha has also taken the rights to market the emergency response units and is presently interested in negotiating the purchase of two Emergency Response Units.

In addition we have complete several of the boxes graphic designs for the first phase of our products we plan for distribution, more to follow soon.

Steven Cohen, Secretary/Executive Vice President, stated: "Prince Ketcha signed his distribution agreement and has asked the company to help them in the medical needs with other products need in his country. We are in the final stages and working extremely hard in completing the agreement to move LyfeTec into the OTC Bulletin Board arena and become a fully reporting company. This gives us more strength to support our shareholders and to prove the performance of the company's position and growth."

Safe Harbor Provision

This news release includes forward-looking statements, including with respect to the future level of business for the parties. These statements are necessarily subject to risk and uncertainty. Actual results could differ materially from those projected in these forward-looking statements as a result of certain risk factors that could cause results to differ materially from estimated results. Management cautions that all statements as to future results of operations are necessarily subject to risks, uncertainties and events that may be beyond the control of Macada, Inc. and no assurance can be given that such results will be achieved. Potential risks and uncertainties include, but are not limited to, the ability to procure, properly price, retain and successfully complete projects, the availability of technical personnel, changes in technology and competition.

Contact Information

  • Contact:
    Steven Cohen
    954-772-2640