SOURCE: Southwestern Medical Solutions, Inc.
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March 07, 2006 16:00 ET
Southwestern Medical to Expand Market Share Through Retail Chains
TAMPA, FL -- (MARKET WIRE) -- March 7, 2006 -- Southwestern Medical Solutions, Inc. (OTC: SWNM)
is pleased to announce that, following receipt of increased FDA compliance,
it intends to broaden its marketing thrust to include retail chains in
light of the ever increasing development of in-house DOA testing for job
applicants at retail chains. This target market includes franchises of Home
Improvement stores and other major US chains for which SWNM is proceeding
to achieve over-the-counter ("OTC") status for its Labguard™.
Major Marketing Potential via Retail Chains
Including franchises of some of the largest retail chains in the USA,
achievement by SWNM of OTC status will enable each facility the opportunity
to test all applicants with a fully self contained customizable unit
on-site that is most accurate, and which will yield results immediately.
SWNM will offer the least expensive and most advanced pre-screening device
which will put the control of the hiring process directly in the hands of
the retailers. Director of New Product Development, Mr. Richard Powell,
stated, "We are going to offer a screening process through our proprietary
Labguard™ system that will give immediate results in the most accurate
and easy to use system that at the same time also offers the least chance
for failure and contamination." Each applicant's sample would then be
forwarded to professional laboratory facilities for further analysis if
deemed necessary.
SOUTHWESTERN MEDICAL HAS THE SOLUTION
The Company's proprietary Labguard™ on-site collection & diagnostic
testing technology represents a revolutionary approach that ensures greater
safety and convenience for diagnostic testing administrators at an
attractive, market-competitive price. Offering technically advanced
products at competitive savings to the medical community is at the core of
the corporate strategy. SWNM continues to develop and increase its market
presence by enhancing its product catalog with new and exciting products.
Further licensing of these products will help increase the general market
share for SWNM and its lineup.
The statements made in this press release, which are not historical facts,
contain forward-looking statements concerning potential developments
affecting the business, prospects, financial conditions and other aspects
of the Company to which this release pertains. The actual results of the
specific items described in the release, and the company's operations
generally, may differ materially from what is projected in such
forward-looking statements. Although such statements are based upon the
best judgments of management of the Company as of the date of this release,
significant deviations in magnitude, timing and other factors may result
from business risks and uncertainties including, without limitation, the
company's dependence on third parties, general market and economic
conditions, technical factors, the availability of outside capital, receipt
of revenues and other factors, many of which are beyond the control of the
company. The Company disclaims any obligation to update information
contained in any forward-looking statement.