Technologies-Scan Corp.
OTCBB : TENP

Technologies-Scan Corp.

May 22, 2013 09:00 ET

Technologies-Scan Corp in Negotiations With Social Geek Media for an Option on the Acquisition of an Exclusive License of the Proteina21 Weight Loss Product Line for the Canadian Market

MONTREAL, CANADA--(Marketwired - May 22, 2013) - Technologies -Scan Corp (OTCBB:TENP) announces that it is presently negotiating with Social Media Geek for an option on the acquisition of an exclusive license of its Proteina21 Weight loss product line for the Canadian market. The company is already in a due diligence phase with Social Geek Media for the exclusive sales, marketing and commercialization of the Proteina21 weight loss product line for the USA. Ghislaine St-Hilaire CEO of Technologies-Scan Corp says that she is " thrilled at the developments concerning the company's relationship with Social Geek Media and the Proteina21 product line, we see a bigger synergy for our companies than just the US market and that is why we are in discussions concerning the Canadian market which Proteina21 has had sales of over 500 000 in the first quarter."

Proteina21 is a product line of food supplements and readymade meals high in protein and low in carbohydrates designed to help people lose weight. The products are shipped overnight and are available through internet sales on their website at www.proteina21.com

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: This release includes forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. All statements which address actual results could differ materially from those expressed or implied in forward-looking statements. These statements are made on the basis of management's views and assumptions. As a result, there can be no assurance that management's expectations will necessarily come to pass. These forward-looking statements generally can be identified by phrases such as management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, statements in this release that describe the Company's business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements. Management cautions that the ability to attract clients and generate business may be affected by a decline in the Company's financial ratings, the competitive environment, the Company's ability to raise sufficient capital to meet the collateral requirements associated with its current business and to fund the Company's continuing operations and changes in market conditions.

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