SOURCE: MedEx, Inc.

September 17, 2010 08:30 ET

Medex, Inc. to Issue Updated Audited Financials September 27

Quarterly Earnings Releases & Calls to Commence Q4 2010

LAS VEGAS, NV--(Marketwire - September 17, 2010) - Medex, Inc. (PINKSHEETS: MDXX) today announced that on September 27, 2010 the Company will issue updated financials reflecting the closing of the previously announced Creative Rehab Technology Services, Inc. and Bee Mobile, Inc. acquisitions. Audited figures are expected to be consistent with previously disclosed revenue and earnings estimates and include those for the previously announced second Bee Mobile location which is now in operation.

In a related disclosure, Medex indicated that as of the close of the Company's fourth quarter, December 31, 2010, Medex will commence routine scheduled quarterly earnings releases and investor conference calls. 

"Transparency is the foundation of investor confidence for any publicly held concern. As Medex energes from concept to reality and now perpares to accelerate its acquisition activity, routine financial disclosure is essential," said Paul Protzman, President of Medex, Inc. "With newly acquired and growing revenue as well as free cash flow, the timing is now appropiate to begin this activity."

About Medex, Inc.

Medex, Inc. is a development stage Nevada-based medical support services company, which plans to grow through acquisitions of medical supply companies, medical technology companies, and assisted living and care facilities worldwide. For additional information, see www.medexsynergies.com.  

Safe Harbor Statement:

This release contains "forward-looking statement" 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. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan," or "planned," "will," or "should," "expected," "anticipates," "draft," "eventually," or "projected." 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, including the risks that actual results may differ materially from those projected in the forward-looking statements.

Contact Information

  • Medex, Inc.
    Investor Contact:
    1-800-869-1060