SOURCE: Techs Loanstar, Inc

February 15, 2012 08:00 ET

Quture/TCLN Announces Appointment of Robert Kohn as Advisor to Its Business Advisory Board

WEST PALM BEACH, FL--(Marketwire - Feb 15, 2012) - Techs Loanstar, Inc. (OTCQB: TCLN) (PINKSHEETS: TCLN) and Quture, Inc. ("Quture") today announced that the company has appointed Robert Kohn as an Advisor to its Business Advisory Board.

Robert Kohn has over 25 years of experience as co-founder of three emerging growth public companies and has served as CEO and CFO in executive capacities. In addition, he has served on the Boards of Directors of a NYSE; National Market NASDAQ and other public and private companies.

Mr. Kohn stated, "The combination of Dr. Richard Fantozzi, CEO of Quture, providing the legislative regulations needed to build the pipeline for product distribution as well as his medical network and Landon Feazall, Quture's Founder, providing the products for the pipeline, coupled with my global contacts, gives Quture the ability to grow its distribution channels and supply them with many profitable and needed products while improving the quality of health care globally."

Dr. Fantozzi, CEO of Quture, stated," The announcement of Mr. Kohn as an Advisor to our Business Advisory Board brings a significant advantage to Quture. Mr. Kohn's invaluable history with hands on experience in numerous public and private emerging growth companies will help to advance Quture to the next level."

Mr. Kohn also intends to use his Internet successes to help Quture launch its recently announced Joint Venture with the FTZ Medical and Health Exchange which will enable thousands of hospitals, hundreds of thousands of physicians and health care professionals to interact in one global exchange for the sale of products and services worldwide, increase patient revenues; increase the quality of care and lower costs of doing business.

About Quture

Quture, Inc., a Nevada corporation, is an emerging growth company positioned to rapidly become the international standard in healthcare performance and outcomes measurement and analytics to accomplish its corporate mission. Quture provides healthcare organizations, insurers, government payers, and other stakeholders in the healthcare community with performance measurement tools and data sets. Industry experts agree that performance and outcomes measurement is the "transformative tool" to reduce medical cost and improve quality of care. Quture's management team has 35 years of experience and a long history of working with many of the nation's leading healthcare institutions as a leader and innovator in measuring clinical performance. Quture is now testing its revolutionary solution to effectively and efficiently measure clinical performance from multiple vendor databases.

About Techs Loanstar, Inc.

Techs Loanstar, Inc., a Nevada company, was initially organized to provide loan management service and software for the equity and payday loan industry. Upon completion of a Share Exchange Agreement in February 2010, Techs ceased all operations relating to its historical business and adopted the business plan to acquire an exclusive license to use and operate an online social networking platform, database and advertising revenue-share model for the purpose of seeking a business opportunity in the online social network industry. As recently announced, the FTZ Medical & Health Exchange will now leverage these social networking assets of Quture as it transitions to Quture International, Inc.

Forward-Looking Statements

This release contains forward-looking statements, including, without limitation, statements concerning our business and possible or assumed future results of operations. Our actual results could differ materially from those anticipated in the forward-looking statements for many reasons including: our ability to continue as a going concern, adverse economic changes affecting markets we serve; competition in our markets and industry segments; our timing and the profitability of entering new markets; greater than expected costs, customer acceptance of our products or difficulties related to our integration of the businesses we may acquire; and other risks and uncertainties as may be detailed from time to time in our public announcements and SEC filings. Although we believe the expectations reflected in the forward-looking statements are reasonable, they relate only to events as of the date on which the statements are made, and our future results, levels of activity, performance or achievements may not meet these expectations. We do not intend to update any of the forward-looking statements after the date of this document to conform these statements to actual results or to changes in our expectations, except as required by law. There is no assurance that a definitive agreement will be completed.

Contact Information

  • Contact:
    For Further Information
    Constellation Asset Advisors, Inc.
    Jens Dalsgaard
    +1 (415) 524-8500