Therma-Med, Inc. Announces Corporate Update TORONTO, May 13, 2011 (MARKETWIRE via COMTEX) -- Therma-Med, Inc. (pinksheets:THRA) ("the Company") would like to apprise its shareholders of current corporate events.
Our Bella Vita clinic has been continuing its operations servicing the various needs of our patient base however original expectations of growth has not been met. The company feels that the worldwide recession and inflation has been a big factor attributing to this. We will continue to develop the clinic's growth and announce a change of business direction to mineral exploration and production.
The scope of the company will be North American onshore projects, with initial focus being in North America. The Company is in the process of assembling a team of consultants and technical professionals in the areas of geology, geophysics, and engineering. The Company strategy is to position itself for aggressive asset growth and shareholder value. "We are moving into a new venture in an industry exploding with growth, having said that, we will be adding Zajay Trujillo as a Director to help in steering the company into a new direction," stated Joshua Suarez.
Ms. Trujillo stated, "Management is focused on identifying potential acquisitions and joint venture opportunities in various target markets that will maximize shareholder value and optimize corporate growth." She further stated, "We are currently in negotiations with several mining companies offering claims in the mining industry and look to finalize these discussions in the near future."
"We will continue to work diligently on behalf of shareholders in this new corporate era," said Joshua Suarez, President of Therma Med, Inc.
The Company plans to re-launch its corporate website www.therma-medinc.com to reflect its new corporate vision in the immediate future.
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.
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Therma Med, Inc. with members of its management team as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results
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