SOURCE: Spring Creek Capital Corporation

Spring Creek Capital Corporation

January 07, 2011 16:22 ET

Spring Creek Healthcare Systems, Inc. Announces Letter of Intent (LOI) for the Acquisition of the Marketing Rights for ReVersital Skincare

Spring Creek Will Form a New Subsidiary to License the Marketing Rights for ReVersital From M-Solo International, Inc.

NEW YORK, NY--(Marketwire - January 7, 2011) - Spring Creek (OTCBB: SCRK) announces that it has signed a letter of intent to license the marketing for the ReVersital® family of microdermabrasion products and all of its proprietary line extensions from M-Solo International, Inc. The ReVersital family of products advances the art of skin care and microdermabrasion. The products simplify the entire skin care regime to make it easy, portable and multi-functioning. Kelly T. Hickel, CEO, says, "We have been discussing this program for some time and are very pleased to sign this Letter of Intent. The ReVersital products have had an exciting market introduction and we are very enthusiastic about adding this to our product portfolio and participate in the expansion of the marketing efforts."

Margaux Levy, founder of ReVersital Skincare, and formerly creator of Freeze 24/7, commented that: "Our anticipated partnership with Spring Creek offers ReVersital the opportunity to expand and enhance the brand's visibility into millions of new homes. Spring Creek will help us develop a national presence; they have a solid sales and marketing team which can operate in virtually every channel of trade."

About Spring Creek Healthcare Systems, Inc.

Spring Creek Healthcare Systems, Inc. is a healthcare solutions company whose business plan is to distribute cutting edge solutions for the medical, pharmaceutical and healthcare markets to resellers and consumers worldwide. Spring Creek actively pursues emerging opportunities in the healthcare industry by selecting young start-up and micro-cap companies with innovative concepts and launching these products and services utilizing the marketing distribution network of Spring Creek's principal subsidiary, Stratis Healthcare Inc. Through Stratis, Spring Creek will distribute the products of its portfolio companies either directly to consumers, through distributors or through multi-channel resources.

About ReVersital Skincare.

ReVersital Skincare is the product line of M-Solo International, Inc., a Madison Avenue, New York based company. Its primary product is a multi-function, proprietary anti-aging product, ReVersital® 3-in-1 MicrodermaStick® which combines three skin care treatments -- cleansing, microdermabrasion and hydration -- in a portable, hands-free, dial-up MicrodermaStick. For further information please visit www.reversital.net.

Forward-Looking Statements

This press release may contain forward-looking statements 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. Investors are cautioned that these forward-looking statements involve uncertainties and risks that could cause actual performance and results of operations to differ materially from those anticipated. These risks and uncertainties include issues related to the ability to: obtain sufficient funding to continue operations, maintain adequate cash flow, profitably exploit new ventures, as well as other factors set forth in Spring Creek's most recently filed Form 10-K and Form 10-Q reports. The forward-looking statements contained herein represent the Company's judgment as of the date of this release and it cautions readers not to place undue reliance on such statements. Spring Creek assumes no obligation to update the statements contained in this release. For further information please visit www.springcreekhcs.com.

Contact Information

  • Company Contact:
    Spring Creek Healthcare Systems, Inc.
    Kelly T. Hickel
    Chairman and CEO
    646-896-3050
    Email Contact