SOURCE: Therma-Med, Inc.

March 23, 2010 08:33 ET

Therma-Med, Inc. Announces Corporate Update

BEVERLY HILLS, CA--(Marketwire - March 23, 2010) - After several weeks of careful consideration and analysis of clinical procedures and financials, Therma-Med, Inc. (PINKSHEETS: THRA) has chosen to withdraw from negotiation discussions in regards to the most recent potential acquisition of a 'Southern Ontario' wellness Clinic. The company's executive staff has concluded that an investment into this particular clinic would not be in their best financial interest at this time, and would prefer to dedicate their efforts in continuing to offer their medical support services to other more suitable wellness clinics. The company remains focused on seeking out and acquiring successful wellness clinics that will serve as a conduit to providing the breakthrough wellness procedures and services that Therma-Med, Inc. continues to bring to the forefront of the industry. The company is very excited about its recent acquisition of the 'Bella Vita Clinic' as it provides the company with an instant revenue stream as well as an opportunity to offer the DITI (Digital Infrared Thermal Imaging) services to an existing patient base.

In addition, Therma-Med, Inc. continues on-course with plans to make their wellness products available through on-line purchasing. The logistics are in place to add this e-commerce segment to the functionality of the website and should be in operation by the end of the month, allowing for a streamlined ordering process for both patients and professionals in the industry.

About Therma-Med, Inc.:
Therma-Med, Inc. provides alternative medicinal procedures, premium nutritional supplements, medicinal products and current medical support services by making them available to patients through their clinics and online through e-commerce purchasing applications. Therma-Med, Inc., through highly specialized Thermal Imaging and breakthrough alternative procedure clinics, is poised to become a healthcare industry leading company providing the alternative medicine approach to good health, as well as providing patients with an adjunctive diagnostic procedure that effectively pursues and exposes the benefits of early detection and prevention of various medical conditions. Therma-Med, Inc. utilizes thermal imaging systems that incorporate state-of-the-art infrared technologies and proprietary software to accurately and cost-effectively measure physiological changes in the human body allowing patients of all walks of life access to a proactive form of maintaining good health and quality of life through early detection and prevention.

Cautionary Statement Regarding Forward-Looking Information: Except for statements of historical fact relating to the Corporation, certain information contained herein constitutes forward-looking statements. Forward-looking statements are frequently characterized by words such as "potential," "estimate," "plan," "expect," "project," "intend," "believe," "anticipate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. The Corporation undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.

Contact Information

  • Contact:
    Therma-Med, Inc.
    Corporate Relations Group Inc.
    1-888-323-0929