SOURCE: Remedent, Inc.

April 08, 2015 09:52 ET

Remedent Announces Agreement With Vitaldent (Spain & Italy) in Reference to Its GlamSmile Veneers and Technology

GHENT, BELGIUM--(Marketwired - Apr 8, 2015) - Remedent, Inc. (OTCBB: REMI), an international company specializing in research, development, and manufacturing of oral care and cosmetic dentistry products, announces its agreement to provide GlamSmile veneers and Technologies to Vitaldent of Spain and Italy.

Under the 5 year agreement Remedent will provide GlamSmile Veneers and proprietary tray technology to Vitaldent.

Management Commentary:
"This agreement is important to us in the sense that it is the first major dental chain that is adopting our technology versus individual dentists," comments Mr. Guy De Vreese, CEO of Remedent. "It proves that our efforts to bring predictable technology in the area of cosmetic dentistry are starting to pay off. Cosmetic dentistry continues to rise in popularity worldwide and is starting to make its way into mainstream."

Vitaldent is a private company operating over 500 clinics with heavy focus on Spain and Italy. This makes Vitaldent one of the major players on the European continent.

"We are really satisfied with this agreement. Vitaldent is always working in new deals with a clear purpose: offer to our patient the most exclusive treatments. For us, getting together with Remedent is a quality guarantee," declared Mr. Cristian Colman, founder and president of Vitaldent.

The deal is the result of the work initiated with our Spanish franchise and partners Mr. Jose Avila and Mr. Alvaro Redecilla of GlamSmile Spain.

Remedent continues to innovate and has made a big overhaul in our business model as we focus on more dedicated clinics and organizations. Remedent continues to perfect the digital veneer workflow with new software releases such as Smile Me to make GlamSmile a turnkey solution that includes solutions for marketing and imaging software over design, production and proprietary one time tray placement.

About Remedent:

Remedent, Inc. creates state-of-the-art dental technologies and marketing concepts. Famous brands are GlamSmile, Remecure, Smile Me and River 8. Headquartered in Belgium, Remedent, Inc. manufactures, markets and distributes its products and concepts to more than 25 countries worldwide. Remedent, Inc. is publicly listed and focuses on B2B, delivering products to the dental professional, as well as B2C approaches, helping consumers to obtain their dream smile through its Smile Consultancy Concept.

Statement under the Private Securities Litigation Reform Act of 1995
Statements in this press release that are "forward-looking statements" are based on current expectations and assumptions that are subject to risks and uncertainties. Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause Remedent's actual operating results to be materially different from any historical results or from any future results expressed or implied by such forward-looking statements. In addition to statements that explicitly describe these risks and uncertainties, readers are urged to consider statements that contain terms such as "believes," "belief," "expects," "expect," "intends," "intend," "anticipate," "anticipates," "plans," "plan," "projects," "project," to be uncertain and forward-looking. Actual results could differ materially because of factors such as Remedent's ability to achieve the synergies and value creation contemplated by the proposed transaction. For further information regarding risks and uncertainties associated with Remedent's business, please refer to the risk factors described in Remedent's filings with the Securities and Exchange Commission, including, but not limited to, its annual report on Form 10-K and quarterly reports on Form 10-Q.

Contact Information