SOURCE: Universal Media Corporation

October 31, 2012 08:00 ET

UMED Holdings, Inc. Announces Acquisition of Jet Tech

FORT WORTH, TX--(Marketwire - Oct 31, 2012) - UMED Holdings, Inc. (PINKSHEETS: UMED), a Texas Corporation, is pleased to announce the completion of the acquisition of Jet Regulators, LLC (Jet Tech) and its full integration into the UMED corporate structure.

In the last quarter of 2011, UMED entered into an agreement to acquire the assets of Jet Tech, an aircraft maintenance and repair operation located at Meacham Airport in Fort Worth, Texas. Jet Tech has maintained corporate aircraft for over a decade and has developed an international reputation for aircraft maintenance and import and export of corporate aircraft. The company continues to expand and attributes its growth to the strong relationships with their client base. Jet Tech is constantly seeking ways to limit the skyrocketing costs involved in maintaining and operating corporate aircraft without compromising quality and safety.

Rod Techmeyer, founder and President of Jet Tech, said, "We look forward to working with UMED management in order to execute strong strategies of expanding Jet Tech into a wider variety of services to our clients."

About Jet Regulators, LLC (Jet Tech)
Jet Tech is a premier provider of general aviation services with a family history of the highest standard of safety and service to aircraft owners at Fort Worth Meacham International Airport.

About UMED Holdings, Inc.
UMED Holdings, Inc. (UMED), located in Fort Worth, Texas, is a holding company, with interests in energy, agricultural operations, precious metals exploration, software, and aircraft maintenance. Visit http://umedholdings.com/ to learn more.

Forward Looking Statements
This document contains forward-looking statements and information as that term is defined in the Private Securities Litigation Reform Act of 1995, and, therefore, is subject to certain risks and uncertainties. There can be no assurance that the actual results, business conditions, business developments, losses and contingencies and local and foreign factors will not differ materially from those suggested in the forward looking statements as a result of various factors, including market conditions, competition, advances in technology and other factors.

Contact Information

  • CONTACT:
    UMED Holdings, Inc.
    Investor Relations
    817-346-6902

    Investor Relations Contact:
    Equiti-trend Advisors, LLC
    (800) 953-3350